Altius Minerals Corp. announces that it has appointed two new independent directors to its board of directors with an effective date of October 1, 2020. The two new directors are Nicole Adshead-Bell and Teresa Conway. As previously disclosed, Altius has for some time been involved with a board member search process to satisfy our commitment to [...]
Altius Minerals Corp. reports attributable royalty revenue of $13.0 million or $0.31 per share for the second quarter ended June 30, 2020 compared to $19.5 million or $0.46 per share in the comparable quarter last year and $16.3 million or $0.39 per share in Q1 2020. Adjusted EBITDA of $10.0 million or $0.24 per share compares to $16.3 million or [...]
Altius Minerals Corp. reports that it has entered into an agreement with Liberty Metals & Mining Holdings, LLC , to acquire its 44.9% interest in certain royalty based limited partnerships, of which Altius acts as general partner. Upon closing, Altius’s partnership interests will increase from 52.4% to 97.3%. These limited partnerships hold [...]
Altius Minerals Corp. reports attributable royalty revenue1 of approximately $13 million for the quarter ended June 30, 2020. This compares to quarterly revenues of $19.5 million generated in the comparable quarter last year, and $16.3 million in Q1 2020. The most significant contributors to the lower recorded revenue in Q2 relative to the [...]
Altius Minerals Corp. is pleased to provide an update on its Project Generation business activities and the performance of its related junior equities portfolio for the second quarter of 2020. The market value of the junior equities portfolio was $48.4 million at June 30, 2020 compared to $34 million at March 31, 2020. The increase in the portfolio [...]
Altius Minerals Corp. announced that it has received regulatory approval for the adoption and implementation of a new dividend reinvestment plan that allows shareholders to automatically reinvest their dividends in new shares of the Corporation. The first dividend payment for which the DRIP applies is the dividend declared by the Board on May 11 [...]
Altius Minerals Corp. reports that all resolutions presented at its May 12, 2020 Annual and Special Meeting were approved by shareholders, including the re-election of directors John Baker, Brian Dalton, Don Warr, Fred Mifflin, Jamie Strauss, Anna Stylianides, Roger Lace and André Gaumond, all with votes in favour at 95% or higher. The voting [...]
Altius Minerals Corp. reports attributable royalty revenue of $16.3 million ) for the first quarter ended March 31, 2020 compared to $21.9 million in the comparable quarter last year and $17.6 million in Q4 2019. Adjusted EBITDA of $12.7 million compares to $17.4 million in Q1 2019 and to $13.6 million in Q4 2019. Adjusted operating cash flow of [...]
Altius Resources Inc. , a subsidiary of Altius Minerals Corp. , announced today that on April 16, 2020 it disposed of ownership of 8,220,000 common shares of Antler Gold Inc. , Suite 2001, 1969 Upper Water Street, Purdy’s Wharf Tower II, Halifax, NS, B3J 3R7, representing approximately 14.4% of the issued and outstanding Common Shares of Antler [...]
Altius Minerals Corp. reports attributable royalty revenue1 of approximately $16.3 million for the quarter ended March 31, 2020. This compares to record quarterly revenues of $21.8 million generated in the comparable quarter last year, and $17.5 million in Q4 2019. Base metal revenue contributed $6.6 million or 40% of total royalty revenue in the [...]
Altius Minerals Corp. wishes to update its shareholders with respect to accommodations for webcast and conference call participation in the upcoming May 12, 2020 Annual and Special Meeting . The Meeting will be held at Altius’s offices in St John’s, Newfoundland at 1 pm NL time on Tuesday, May 12, 2020 but is subject to federal and provincial [...]
Altius Minerals Corp. is pleased to provide an update on its Project Generation business activities and performance of its related junior equities portfolio for the first quarter of 2020. The market value of the junior equities portfolio at March 31, 2020 was $34 million, including two private company investments at book value, compared to $54.1 [...]