ST. JOHN'S, NEWFOUNDLAND AND LABRADOR -- (Marketwire) -- 05/16/12 -- Altius Minerals Corporation ("Altius") (TSX: ALS) has entered into an automatic share purchase plan agreement (the "Plan") with a broker in connection with its normal course issuer bid ("NCIB") previously announced on March 29, 2012 to facilitate purchases of Altius' common shares ("Shares") under the NCIB. Altius has also filed with the Toronto Stock [...]
Altius is pleased to report that Alderon has today announced the signing of investment and iron ore offtake agreements with the world's second largest steel producer, Hebei Iron and Steel Group of Hebei Province, Peoples Republic of China. Altius is a co-founder of Alderon and owner of 32.9 million Alderon shares. In addition it holds a 3% Gross Sales Royalty on Alderon's Kami iron ore project.
Altius announces that it will purchase at market price up to 1,437,983 common shares, being approximately 5% of its outstanding shares of 28,759,675 as of March 19, 2012, by way of a normal course issuer bid through the facilities of the TSX. The bid is subject to regulatory approval. The bid will commence April 2, 2012 and will end no later than April 1, 2013. Any shares purchased during the normal course issuer bid will [...]
Altius is pleased to provide an update on projects that it has generated in the Labrador West Iron Ore District that are subject to agreements with partners. In particular, Altius has active exploration agreements with Rio Tinto Exploration Canada and Century Iron Mines. Altius is also a co-founder and the largest shareholder of Alderon Iron Ore Corp. These agreements cover several individual project areas that range from [...]
Altius reported net earnings attributable to common shareholders of $2,461,000 or $0.08 per share for the three months ended January 31, 2012 compared to net earnings of $69,212,000 for the same period last year. The current quarter's earnings include revenue of $5,805,000, consisting of royalty revenue of $1,192,000 and $3,941,000 in share payments received from earn-in partners during the quarter. The previous year's [...]
Altius is pleased to report positive exploration results from its two 100% owned projects in the Labrador West iron ore mining district. Altius is presently seeking partners to advance these opportunities. Julienne Lake Iron Ore: In 2011, Altius commissioned a ground gravity and magnetics survey over its wholly owned Julienne Lake iron ore project. The claims cover the projected extensions of the Julienne Lake iron ore [...]
Altius reported a net loss attributable to common shareholders of $2,868,000 or $0.10 per share for the three months ended October 31, 2011 compared to net earnings of $2,138,000 for the same period last year. The current year's loss includes the Corporation's share of losses in Alderon Iron Ore Corporation of $1,790,000 and mineral property write-downs totaling $1,055,000. Offsetting these amounts was an increase in [...]
Altius (TSX:ALS) reports that all resolutions presented at its November 30th, 2011 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 on SEDAR.
Altius is pleased to report on exploration activities for its earn-in Option Agreement with Rio Tinto Exploration Canada in western Labrador, Canada. Under this agreement Rio Tinto may earn up to a 70% interest in 15 map-staked mineral licenses comprising 586 claims covering 14,650 hectares in western Labrador. The optioned licenses have been divided into six different prospects as follows: Bruce Lake, Goethite Bay, Carol [...]
Century Iron Mines and Altius Minerals are pleased to announce that their previously announced transaction to acquire four regional iron ore projects in the Labrador Trough has been completed. Century and Altius have entered into a principal agreement pursuant to which Century has agreed to acquire the right, title and 100% interest in and to four groups of early-stage iron ore properties located in the Labrador Trough [...]
Century Iron Mines and Altius Minerals are pleased to announce that their previously announced transaction to acquire four regional iron ore projects in the Labrador Trough has been completed. Century and Altius have entered into a principal agreement pursuant to which Century has agreed to acquire the right, title and 100% interest in and to four groups of early-stage iron ore properties located in the Labrador Trough [...]
ST. JOHN'S, NEWFOUNDLAND AND LABRADOR -- (Marketwire) -- 10/19/11 -- Altius Minerals Corporation ('Altius') (TSX: ALS) advises that it has postponed its Annual and Special Meeting from Wednesday, October 26, 2011 to Wednesday November 30, 2011.
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