Altius Minerals Corp. expects to report attributable quarterly royalty revenue† of approximately $17.7 million for the first quarter ended March 31, 2021. This compares to quarterly revenues of $16.3 million in Q1 2020. Base metal revenue of $7.6 million, or 43% of total royalty revenue, was positively impacted by improved prices but was offset during the quarter by the unplanned production interruption at Chapada in Q4 [...]
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, 2021 was $54.2 million, compared to $52.2 million at December 31, 2020. This portfolio value does not include equity sales amounts, which exceeded new investment amounts by $2.5 million during the quarter, the value of various share [...]
Altius Minerals Corp. reports that its subsidiary Altius Resources Inc, announced today that it has acquired ownership of an aggregate of 4,541,500 common shares of Orogen Royalties Inc. , with its head office at 1201-510 West Hastings Street Vancouver, BC V6B 1L8. The Common Shares were acquired by Altius Resources on the TSX Venture Exchange on the following dates: on March 22, 2021, Altius Resources acquired 56,000 [...]
Altius Minerals Corp. reports attributable royalty revenue of $67.5 million ) for the year ended December 31, 2020 which was down 14% from royalty revenue of $78.1 million reported in 2019. Q4 2020 attributable royalty revenue was $21.9 million, up 26% from its year ago comparable period and a new quarterly record. Adjusted EBITDA for the year was $53.0 million or $1.27 per share, down 15% from Adjusted EBITDA of $62.6 [...]
Altius Resources Inc. , a subsidiary of Altius Minerals Corp. announced today that pursuant to an option agreement dated February 23, 2021 with TRU Precious Metals Corp. , with its head office at 70 Trius Drive, Fredericton, New Brunswick E3B 5E3, it has the right to acquire 7,140,000 common shares of TRU representing approximately 19.9% of the issued and outstanding common shares of TRU upon receipt of the approval of [...]
Altius Minerals Corp. reports that Altius Renewable Royalties Corporation has announced that it expects to commence trading on an "if, as and when issued" basis on the Toronto Stock Exchange on February 26, 2021 under the symbol "ARR". The ARR initial public offering of 9,100,000 shares has been priced at C$11.00 per share for aggregate gross proceeds of C$100,100,000. Following the completion of the Offering, Altius is [...]
Altius Minerals Corp. expects to report record attributable quarterly royalty revenue† of approximately $21.9 million for the fourth quarter ended December 31, 2020. This compares to quarterly revenues of $16.2 million in Q3 2020 and $17.6 million in the comparable quarter last year. For the full year ended December 31, 2020 Altius expects to report royalty revenue of $67.5 million compared to $78.1 million for the year [...]
Altius Resources Inc. , a wholly-owned subsidiary of Altius Minerals Corp. today announces that it has entered into a subscription agreement to acquire ownership of 3,125,000 common shares of Wolfden Resources Corp. , with its head office at Unit 5, 1100 Russell Street, Thunder Bay, Ontario, P7B 5N2. The Shares will be acquired by Altius pursuant to a non-brokered private placement of an aggregate of 6,250,000 common [...]
Altius Minerals Corp. is pleased to announce that its subsidiary Altius Renewable Royalties Corp. has filed and obtained a receipt for a preliminary base PREP prospectus with the securities regulatory authorities in each of the provinces and territories of Canada for an initial public offering of Common Shares , led by TD Securities Inc. and Scotia Capital Inc., together with a syndicate comprised of Raymond James Ltd [...]
Altius Minerals Corp. is pleased to update its Project Generation business activities and its public junior equities portfolio. The market value of the junior equities portfolio at December 31, 2020 was $52.2 million, compared to $45.5 million at September 30, 2020 and $54.1 million at December 31, 2019. These amounts do not include net positive cash generation from sales of $6.7 million for the year or the value of [...]
Lithium Royalty Corp "LRC" is pleased to announce that it has closed on US $70,669,843 of additional capital. As part of this raise, the Company is excited to welcome Riverstone Holdings LLC as a strategic investor in the Company. Riverstone Holdings LLC is a New York-based leading private markets asset management firm dedicated to real assets investing primarily in energy, power and infrastructure. [...]
Altius Minerals Corp. is pleased to provide the following update: Lithium Royalty Corporation LRC, of which Altius is a 12.6% founding level investor, has agreed to a US$40 million investment by New York based private equity firm Riverstone Holdings, part of a larger US$70.7 million offering by LRC. Pursuant to this investment Altius has exercised its pro-rata equity participation right by committing an additional US$7.6 [...]