Altius Minerals Corp. reports that all resolutions presented at its May 18, 2023 Annual and Special 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 94% or higher. The voting participation rate was over 70% and Altius thanks its [...]
Altius Minerals Corp. reports first quarter revenue of $22.7 million compared to $27.1 million for the same period in 2022, while attributable royalty revenue of $21.4 million ) compares to $25.5 million reported in 2022. In addition, the Project Generation segment recognized revenue of $2.8 million during the current quarter relating to the liquidation of assets of Alderon Iron Ore Corp. Brian Dalton, CEO commented [...]
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, 2023 was $51.8 million, compared to $50.3 million at December 31, 2022. Net investments for the quarter totaled $1.0 million, while cash proceeds of $2.8 million were received subsequent to quarter-end in relation to a distribution made [...]
Altius Minerals Corp. reports full year revenue of $102.0 million compared to $81.7 million for 2021, and $21.7 million for the fourth quarter compared to $22.6 million for the same period in 2021. Full year 2022 attributable royalty revenue, adjusted for joint venture revenue, of $103.5 million ) was 23% higher than the $83.9 million reported for 2021. Fourth quarter 2022 attributable royalty revenue of $23.1 million [...]
Adia Resources Inc. has submitted applications for three Mineral Exploration Licences totalling approximately 61,000 hectares, which are pending issuance by the Government of Manitoba, and will bring the Company's current land position to 145,000 hectares. Adia has expanded its land position to cover recently recognized targets it considers prospective for lithium-bearing pegmatites, in addition to critical rare earth [...]
Altius Minerals Corp. expects to report 2022 annual attributable royalty revenue† of $103.3 million, which is 23% higher than the $83.9 million reported for 2021. Fourth quarter expected attributable royalty revenue of $23.0 million compares to $23.4 million reported for the fourth quarter of 2021. The 2022 attributable revenue amount establishes a new annual record for the Corporation. Royalty Revenue Summary [...]
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, 2022 was $50.3 million, compared to $43.5 million at September 30, 2022 and $55.5 million at December 31, 2021. During the year, new cash-based investments amounted to $5.4 million and the market value of shares [...]
Altius Renewable Royalties Corp. is pleased to announce that today it has closed its previously announced bought deal public offering of common shares of the Company . A total of 3,900,000 Shares were issued at a price of C$9.00 per Share for aggregate gross proceeds of C$35,100,000. The Offering was made through a syndicate of underwriters led by TD Securities Inc. and Cormark Securities Inc. , including National Bank [...]
ST. JOHN'S, Newfoundland and Labrador, Dec. 01, 2022 -- Altius Minerals Corp. is pleased to announce that it has committed to purchase 2,298,700 common shares in the Altius Renewable Royalties Corp. financing announced today. ARR also announced that its 50% held Great Bay Renewables II joint venture has completed a US$46 million royalty investment in support of Longroad Energy's acquisition of the 70 MWac Titan Solar [...]
Altius Minerals Corp. reports third quarter 2022 revenue of $25.9 million compared to $20.4 million for the same period in 2021 and third quarter attributable royalty revenue of $26.2 million ), which compares with the $20.8 million reported for the same quarter in the prior year. On a year-to-date basis, attributable royalty revenue of $80.3 million is tracking 33% higher than the $60.5 million reported for the prior [...]
Altius Minerals Corp. reports on a decision issued by the Supreme Court of Canada on Friday October 21, in an unrelated constructive taking or de facto expropriation case, that it believes holds materially relevant and positive implications for Altius' ongoing lawsuit against the governments of Alberta and Canada. By way of background, on 19 December 2018 Altius filed a Statement of Claim in the Court of King's Bench of [...]