Altius Minerals Corp. reports attributable royalty revenue of $46.7 million for the eight month period ended December 31, 2017 compared to $46.0 million for the 12 month period ended April 30, 2017. Revenue for the two month period ended December 31 2017 was $14.0 million. The abbreviated current reporting periods are as a result of a change to the Corporation’s year end to December 31 to better align its reporting [...]
Canstar Resources, Adventus Zinc and Altius Minerals are pleased to announce that they have entered into a three-way definitive agreement dated February 20, 2018 whereby Canstar will acquire the Newfoundland base metal exploration assets of Adventus and the Daniel's Harbour Zinc Project from Altius in exchange for: the issuance of common shares of Canstar to Adventus and Altius; and a funding commitment from Altius of [...]
Altius Minerals Corp. reports that it will release audited financial results for its shortened two month period and eight month period ended December 31, 2017 on March 14, 2018 after the close of market. As previously reported, Altius is converting its fiscal year-end to a calendar year to better align with mine operators and industry reporting periods. Altius expects to report attributable royalty revenue1 of [...]
Altius Minerals Corp. reports Q2 attributable revenue of $18,047,000 compared to $15,364,000 in the previous quarter and $9,966,000 in the year-ago quarter. Adjusted EBITDA of $14,634,000 represents a margin of 81%, and is up from $12,624,000 in the previous quarter and $6,786,000 a year ago. Net earnings for the quarter were $6,748,000 compared to Q1 earnings of $4,492,000 and $287,000 in the year-ago quarter. The strong [...]
Altius Minerals Corp. is pleased to provide an update related to its Project Generation business. Altius has a unique strategy that primarily involves the specialist generation of mineral exploration projects for vend-out to the junior and senior mining sectors. Our team of exploration geologists and prospectors operate in high-quality mining jurisdictions around the world using a counter-cyclical, long-term mandate. The [...]
Altius Minerals Corp. reports that it will release financial results for its second quarter ended October 31, 2017 on Tuesday, December 12, after the close of market. Altius expects to report attributable royalty revenue1 of approximately $17.9 million for the second quarter, which is up 19% from Q1 and 81% over the prior year corresponding period. In light of the strong first half performance, with $33 million in [...]
Altius Resources Inc., a wholly-owned subsidiary of Altius Minerals Corporation, is pleased to announce that on November 15, 2017 it purchased 14,200,000 subscription receipts of Wolfden Resources Corp. , a Thunder Bay, Ontario based company which acquires and develops mineral resource projects. The Subscription Receipts were acquired through a private placement offering at a price of C$0.25 per Subscription Receipt for [...]
Altius Minerals Corp. (“Altius” or the “Company”) (TSX:ALS), a base metals and bulk commodities royalty company, today reports the change of its fiscal year-end to December 31 from its current fiscal year-end of April 30. This change will better align the Company's financial reporting periods to that of peer royalty and streaming companies as well as diversified miners who operate the mines where [...]
ST. JOHN'S, NEWFOUNDLAND AND LABRADOR--(Marketwired - Sep 25, 2017) - Altius Minerals Corp. ("Altius" or the "Company") (TSX:ALS) is pleased to report the discovery of micro and macro-diamonds on its wholly-owned 60,816 hectare Lynx Diamonds Project (the "Project"), located near the community of Oxford House in the province of Manitoba. Altius optioned the Project from a consortium of prospectors and geologists who worked [...]
ST. JOHN'S, NEWFOUNDLAND AND LABRADOR--(Marketwired - Sep 18, 2017) - Altius Minerals Corp. (TSX:ALS) reports that all resolutions presented at its September 15, 2017 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 and the election of new independent directors Guy Bentinck and Andre Gaumond [...]
ST. JOHN'S, NEWFOUNDLAND AND LABRADOR--(Marketwired - Sep 14, 2017) - Altius Minerals Corp. (TSX:ALS) ("Altius" or the "Corporation") reports Q1 attributable revenue(1) of $15,363,000 compared to $13,453,000 in the last quarter (Q4 F2017) and $8,410,000 in the year-ago quarter (Q1 F2017). Adjusted EBITDA(2) of $12,624,000 in the quarter is up 23% from Q4 2017 levels of $10,260,000 and almost double its year-ago comparable [...]
ST. JOHN'S, NEWFOUNDLAND AND LABRADOR--(Marketwired - Aug 22, 2017) - Altius Minerals Corp. (TSX:ALS)("Altius") reports that it will release financial results for its first quarter ended July 31, 2017 on Thursday, September 14, after the close of market. Altius expects to report attributable royalty revenue1 of approximately $14.8 million for the first quarter ended July 31, 2017. This represents a new quarterly royalty [...]