Altius Minerals Corp. reports that all resolutions presented at its May 17, 2024 Annual General Meeting were approved by shareholders, including the election of directors Nicole Adshead-Bell, Teresa Conway, John Baker, Brian Dalton, Anna El Erian, André Gaumond, Roger Lace, Fred Mifflin, and Jamie Strauss, all with votes in favour at 93% or higher. The voting participation rate was 69.6% and Altius thanks its shareholders [...]
Altius Minerals Corp. reports first quarter 2024 revenue of $13.9 million compared to $22.7 million in Q1 2023. Attributable royalty revenue of $17.4 million ) compares to $16.0 million in the prior quarter and to $21.4 million reported in Q1 2023. Brian Dalton, CEO commented, "The decline in revenue on a year over year basis primarily reflects the closure of the Genesee Mine at the end of 2023, and the moderation of [...]
Altius Resources Inc. , a subsidiary of Altius Minerals Corp. , announces that on April 25, 2024 it acquired ownership of an aggregate of 7,115,546 common shares of Orogen Royalties Inc. , with its head office at 1015-789 West Pender Street, Vancouver, BC, V6C 1H2. The Common Shares were acquired by Altius pursuant to an exercise of common share purchase warrants of Orogen held by Altius at an exercise price of $0.4016 [...]
Orogen Royalties Inc. announces Altius Minerals Corp. has increased its ownership in Orogen. Altius Resources Inc., a wholly owned subsidiary of Altius, has acquired 7,115,545 common shares of Orogen through the exercise of 7,115,545 common share purchase warrants at $0.4017. The warrants were acquired through a private placement completed in April 2019. The total amount received for the warrant exercise is $2,858,314 [...]
Altius Minerals Corp. is pleased to update its Project Generation business activities and its public junior equities portfolio. The market value of equities in the portfolio at March 31, 2024 was $45.4 million, compared to $45.1 million at December 31, 2023. No new investments were made during the quarter, but various portfolio sales during the quarter generated net cash proceeds of $7.2 million. An updated list of the [...]
Altius Minerals Corp. reports on a decision issued on April 4, 2024 by the Alberta Court of Appeal regarding the earlier dismissal of its Statement of Claim against the governments of Alberta and Canada for the constructive taking or de facto expropriation by regulation of its Genesee mine "interest in land" royalty asset. In its decision, the Court of Appeal upheld the earlier decision to summarily dismiss Altius's claim [...]
Altius Minerals Corp. reports full year revenue of $69.0 million compared to $102.0 million in 2022 and $13.8 million for the fourth quarter compared to $21.7 million in the same period in 2022. Full year attributable royalty revenue of $73.9 million ) compares to $103.5 million reported in 2022. Fourth quarter attributable royalty revenue of $16.0 million compares to $23.1 million in Q4 2022. Brian Dalton, CEO commented [...]
Altius Minerals Corp. is pleased to provide an update on its Project Generation business activities and its public junior equities portfolio. The market value of the junior equities portfolio at December 31, 2023 was $45.1 million, as compared to $44.6 million at September 30, 2023. During the year, new cash-based investments amounted to $1.6 million and the market value of shares received as part of property sales [...]
Altius Minerals Corp. reports third quarter revenue of $15.2 million compared to $25.9 million for the same period in 2022, while attributable royalty revenue of $17.8 million ) compares to $26.2 million reported in Q3 2022. Brian Dalton, CEO commented, "Third quarter revenue primarily reflects substantially lower realized potash prices relative to the record levels of last year as well as the scheduled closure of the 777 [...]
Altius Minerals Corp. : All references in thousands of Canadian dollars, except per share amounts, unless otherwise indicated. Altius Minerals Corporation expects to report Q3 2023 attributable royalty revenue of $17.9 million. Royalty Revenue Summary Summary of attributable royalty revenue Three months ended September 30, 2023 June 30, 2023 September 30, 2022 Base & battery metals 4,231 4,834 5,535 Potash 3,870 6,081 [...]
