ST. JOHN'S, NEWFOUNDLAND--(Marketwired - Jul 9, 2013) - Altius Minerals Corp. (TSX:ALS) ("Altius") is pleased to announce the signing of a strategic exploration alliance agreement with Virginia Mines ("Virginia") (TSX:VGQ) whereby Altius and Virginia will cooperate to explore geological settings favourable for various types of mineral deposits in the western Labrador and northeastern Quebec. This strategic alliance [...]
Altius Minerals reports a net loss attributable to common shareholders of $13,339,000 or ($0.47) per share for the twelve months ended April 30, 2013 compared to a net loss of $4,611,000 for the same period last year. The current year was affected primarily by the losses in the share of associates and other investment losses. The prior year's results included one-time revenue of $3,999,000 from the receipt of share [...]
ST. JOHN'S, NEWFOUNDLAND AND LABRADOR -- (Marketwire) -- 03/28/13 -- Altius Minerals Corporation ("Altius") (TSX: ALS) announces that it will purchase at market price up to 1,406,207 common shares ("Shares"), being approximately 5% of its outstanding Shares of 28,124,153 as of March 19, 2013, by way of a normal course issuer bid ("NCIB") through the facilities of the Toronto Stock Exchange ("TSX"). The bid is subject to [...]
Hebei Completes Alderon Strategic InvestmentST. JOHN'S, NEWFOUNDLAND AND LABRADOR -- (Marketwire) -- 03/18/13 -- Altius Minerals Corporation ("Altius") (TSX: ALS) reports a net loss attributable to common shareholders of $3,627,000 or ($0.13) per share for the three months ended January 31, 2013 compared to net earnings of $2,461,000 for the same period last year. The current year was affected primarily by the losses in [...]
Altius Minerals is pleased to report that on January 16th, 2013 Alderon Iron Ore filed its Feasibility Study Technical Report regarding its Kami Iron Ore Property in western Labrador. The report is available on
Altius Minerals reported a net loss attributable to common shareholders of $2,885,000 or ($0.08) per share for the three months ended October 31, 2012 compared to a net loss of $2,868,000 for the same period last year. The current year was affected primarily by the losses in the share of associates. A summary of the financial results is included in the following table.
Partners with Zeus Capital to Fund Exploration WorkST. JOHN'S, NEWFOUNDLAND AND LABRADOR -- (Marketwire) -- 11/06/12 -- Altius Minerals Corporation (TSX: ALS) ("Altius") is pleased to announce that it has entered into an agreement with Zeus Capital Inc. ("Zeus") of Santiago, Chile to establish a new venture that will focus on investment in the generation of new early stage mineral exploration opportunities in Chile [...]
ST. JOHN'S, NEWFOUNDLAND AND LABRADOR -- (Marketwire) -- 11/01/12 -- Altius (TSX: ALS) reports that all resolutions presented at its October 31st, 2012 Annual and Special Meeting were approved by shareholders, including the re-election of directors John Baker, Brian Dalton, Fred Mifflin, Susan Sherk, Jamie Strauss and Don Warr. The final voting results on each item of business and respective resolutions have been filed [...]
Altius Minerals reported a net loss attributable to common shareholders of $2,857,000 or ($0.10) per share for the three months ended July 31, 2012 compared to a net loss of $1,588,000 for the same period last year. The current year was affected primarily by the losses in the share of associates, decreased royalty revenue, and a general decline in the market value of investments.
Altius is pleased to announce that it has entered into an agreement with a private company, CIP Magnetite Ltd., being sponsored by Capital Investment Partners of Australia, with respect to its Snelgrove Lake iron ore project in the Sept Iles area of western Labrador, Canada. A primary condition of the agreement is that CIP Magnetite Ltd. is obligated to vend the project into an ASX-listed public company (ASXco) of which [...]
Altius is pleased to announce that it has signed a Memorandum of Understanding with Virginia Mines whereby Altius and Virginia will cooperate to explore for base metals and precious metals on the North Shore area of Quebec and in southern Labrador. This strategic alliance merges two project generation teams that have exhibited excellent track records of exploration success and also in attracting strong partners to their [...]
Altius Minerals reported net loss attributable to common shareholders of $4,611,000 or ($0.17) per share for the year ended April 30, 2012 compared to net earnings of $70,313,000 for the same period last year. The current year was affected primarily by the losses in the share of associates and a general decline in the market value of investments. The previous year's earnings included a pre-tax gain of $84,675,000 recorded [...]