Latest news with #AltiusMineralsCorporation
Business Wire
2 days ago
- Business
- Business Wire
Altius Receives Final Silicon Royalty Arbitration Award
ST. JOHN'S, Newfoundland and Labrador--(BUSINESS WIRE)-- Altius Minerals Corporation (TSX: ALS) (OTCQX: ATUSF) Altius Minerals Corporation ('Altius') has received a final award decision by an arbitration tribunal relating to the extents of its royalty interests within the emerging Silicon gold district (Arthur Gold district) in Nevada. The tribunal has determined that the lands that are subject to the Altius 0.5% NSR royalty under the royalty agreement between the parties dated Feb. 20, 2015 include the entirety of those encompassed within the 26.8 km 2 base area of interest (base AOI) described in the royalty agreement and also additional areas around the base AOI that total approximately 168.8 km 2, for a combined royalty area within the district that totals approximately 195.6 km 2. The final award meets the royalty area requirement set out in the recent sales agreement between Altius and Franco-Nevada Corporation for a 1.0% NSR royalty that is to cause an additional US$25 million contingent payment to Altius, following the expiry of any relevant appeal or challenge periods. A map that depicts the royalty area provided for under the final award can be found on our website at About Altius Altius's strategy is to create per share growth through a diversified portfolio of royalty assets that relate to long life, high margin operations. This strategy further provides shareholders with exposures that are well aligned with global growth trends including increasing electricity based market share within energy usage, global infrastructure build and refurbishment growth, increased EAF based steelmaking, steadily increasing agricultural fertilizer requirements and the enhanced appetite for financial asset diversification through precious metals ownership. These macro-trends each hold the potential to cause higher demand for many of Altius's commodity exposures including potash, high purity iron ore, renewable energy, base metals, and gold. In addition, Altius runs a successful Project Generation business that originates mineral projects for sale to developers in exchange for royalties and that has a demonstrated track record of driving outsized direct returns from its overall royalty investment portfolio. Altius has 46,315,304 common shares issued and outstanding that are listed on Canada's Toronto Stock Exchange. It is a member of both the S&P/TSX Small Cap and S&P/TSX Global Mining Indices and the S&P/TSX Canadian Dividend Aristocrats Index.
Business Wire
16-07-2025
- Business
- Business Wire
Altius Reports Q2 2025 Expected Attributable Royalty Revenue
ST. JOHN'S, Newfoundland and Labrador--(BUSINESS WIRE)-- Altius Minerals Corporation (ALS: TSX) (ATUSF: OTCQX) ('Altius' or the 'Corporation') expects to report Q2 2025 attributable royalty revenue (1) of $12.7 million. Royalty Revenue Summary Base and battery metals (primarily copper) revenue of $4.7 million for the quarter reflects higher realized prices at Chapada offset by the timing of copper stream deliveries as well as higher Voisey's Bay revenue. The Corporation's preliminary cost of sales on the Chapada copper stream, excluding any depletion, is $1.3 million for the quarter. Potash portfolio revenue during the quarter was $4.1 million on higher realized prices offset by lower attributable volumes due to annual maintenance shutdowns at a number of the potash mines. Iron ore royalty revenue in the form of dividends from Labrador Iron Ore Royalty Corp., which serves as a pass-through vehicle for royalty income and equity dividends related to the operations of Iron Ore Company of Canada, was $1.1 million for the quarter as a result of lower IOC dividends. Renewable energy royalty revenue of $2.1 million reflects the continuing ramp up of operational stage portfolio projects. Non GAAP Financial Measures Management uses the following non-GAAP financial measures: attributable revenue, attributable royalty revenue, adjusted earnings before interest, taxes, depreciation and amortization (adjusted EBITDA), adjusted operating cash flow and adjusted net earnings (loss). Management uses these measures to monitor the financial performance of the Corporation and its operating segments and believes these measures enable investors and analysts to compare the Corporation's financial performance with its competitors and/or evaluate the results of its underlying business. These measures are intended to provide additional information, not to replace International Financial Reporting Standards (IFRS) measures, and do not have a standard definition under IFRS and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with IFRS. As these measures do not have a standardized meaning, they may not be comparable to similar measures provided by other companies. Further information on the composition and usefulness of each non-GAAP financial measure, including reconciliation to their most directly comparable IFRS measures, is included in the non-GAAP financial measures section of our MD&A. Second Quarter 2025 Financial Results Conference Call and Webcast Details Additional details relating to individual royalty performances and asset level developments will be provided with the release of our financial results, which will occur on August 11, 2025 after the close of market, with a conference call to follow on August 12, 2025. About Altius Altius's strategy is to create per share growth through a diversified portfolio of royalty assets that relate to long life, high margin operations. This strategy further provides shareholders with exposures that are well aligned with sustainability-related global growth trends including the electricity generation transition from fossil fuel to renewables, transportation electrification, reduced emissions from steelmaking and increasing agricultural yield requirements. These macro-trends each hold the potential to cause increased demand for many of Altius's commodity exposures including copper, renewable based electricity, several key battery metals (lithium, nickel and cobalt), clean iron ore, and potash. In addition, Altius runs a successful Project Generation business that originates mineral projects for sale to developers in exchange for equity positions and royalties. Altius has 46,315,304 common shares issued and outstanding that are listed on Canada's Toronto Stock Exchange. It is included in each of the S&P/TSX Small Cap, the S&P/TSX Global Mining, and the S&P/TSX Canadian Dividend Aristocrats indices. Forward-looking information This news release contains forward‐looking information. The statements are based on reasonable assumptions and expectations of management and Altius provides no assurance that actual events will meet management's expectations. In certain cases, forward‐looking information may be identified by such terms as "anticipates", "believes", "could", "estimates", "expects", "may", "shall", "will", or "would". Although Altius believes the expectations expressed in such forward‐looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those projected. Readers should not place undue reliance on forward-looking information. Altius does not undertake to update any forward-looking information contained herein except in accordance with securities regulations.
National Post
16-07-2025
- Business
- National Post
Altius Reports Q2 2025 Expected Attributable Royalty Revenue(1)
Article content All references in thousands of Canadian dollars, except per share amounts, unless otherwise indicated Article content ST. JOHN'S, Newfoundland and Labrador — Altius Minerals Corporation (ALS: TSX) (ATUSF: OTCQX) ('Altius' or the 'Corporation') expects to report Q2 2025 attributable royalty revenue (1) of $12.7 million. Article content Royalty Revenue Summary Article content Base and battery metals Article content (primarily copper) revenue of $4.7 million for the quarter reflects higher realized prices at Chapada offset by the timing of copper stream deliveries as well as higher Voisey's Bay revenue. Article content The Corporation's preliminary cost of sales on the Chapada copper stream, excluding any depletion, is $1.3 million for the quarter. Article content Potash Article content portfolio revenue during the quarter was $4.1 million on higher realized prices offset by lower attributable volumes due to annual maintenance shutdowns at a number of the potash mines. Article content Iron ore Article content royalty revenue in the form of dividends from Labrador Iron Ore Royalty Corp., which serves as a pass-through vehicle for royalty income and equity dividends related to the operations of Iron Ore Company of Canada, was $1.1 million for the quarter as a result of lower IOC dividends. Article content Renewable energy Article content royalty revenue of $2.1 million reflects the continuing ramp up of operational stage portfolio projects. Article content Non GAAP Financial Measures Article content Management uses the following non-GAAP financial measures: attributable revenue, attributable royalty revenue, adjusted earnings before interest, taxes, depreciation and amortization (adjusted EBITDA), adjusted operating cash flow and adjusted net earnings (loss). Management uses these measures to monitor the financial performance of the Corporation and its operating segments and believes these measures enable investors and analysts to compare the Corporation's financial performance with its competitors and/or evaluate the results of its underlying business. These measures are intended to provide additional information, not to replace International Financial Reporting Standards (IFRS) measures, and do not have a standard definition under IFRS and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with IFRS. As these measures do not have a standardized meaning, they may not be comparable to similar measures provided by other companies. Further information on the composition and usefulness of each non-GAAP financial measure, including reconciliation to their most directly comparable IFRS measures, is included in the non-GAAP financial measures section of our MD&A. Article content Second Quarter 2025 Financial Results Conference Call and Webcast Details Article content Additional details relating to individual royalty performances and asset level developments will be provided with the release of our financial results, which will occur on August 11, 2025 after the close of market, with a conference call to follow on August 12, 2025. Article content Date: Article content August 12, 2025 Article content Time: Article content 9:00 AM ET Article content Article content Toll Free Dial-In Number: +1-800-717-1738 Article content Conference Call Title and ID: Article content Altius Minerals Q2 2025 Financial Results, ID 06104 Article content Webcast Link: Article content Q Article content 2 Article content 2025 Financial Results Article content About Altius Article content Altius's strategy is to create per share growth through a diversified portfolio of royalty assets that relate to long life, high margin operations. This strategy further provides shareholders with exposures that are well aligned with sustainability-related global growth trends including the electricity generation transition from fossil fuel to renewables, transportation electrification, reduced emissions from steelmaking and increasing agricultural yield requirements. These macro-trends each hold the potential to cause increased demand for many of Altius's commodity exposures including copper, renewable based electricity, several key battery metals (lithium, nickel and cobalt), clean iron ore, and potash. In addition, Altius runs a successful Project Generation business that originates mineral projects for sale to developers in exchange for equity positions and royalties. Altius has 46,315,304 common shares issued and outstanding that are listed on Canada's Toronto Stock Exchange. It is included in each of the S&P/TSX Small Cap, the S&P/TSX Global Mining, and the S&P/TSX Canadian Dividend Aristocrats indices. Article content This news release contains forward‐looking information. The statements are based on reasonable assumptions and expectations of management and Altius provides no assurance that actual events will meet management's expectations. In certain cases, forward‐looking information may be identified by such terms as 'anticipates', 'believes', 'could', 'estimates', 'expects', 'may', 'shall', 'will', or 'would'. Although Altius believes the expectations expressed in such forward‐looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those projected. Readers should not place undue reliance on forward-looking information. Altius does not undertake to update any forward-looking information contained herein except in accordance with securities regulations. Article content Article content Article content Article content Contacts Article content For further information, please contact: Article content Article content Flora Wood Article content Article content Email: Article content Fwood@ Article content Article content Tel: 1.877.576.2209 Article content Article content Direct: +1(416)346.9020 Article content Ben Lewis Article content Article content Email: Article content Article content Article content
Business Wire
14-05-2025
- Business
- Business Wire
Altius Reports Voting Results From its May 14, 2025 Annual General Meeting
ST. JOHN'S, Newfoundland and Labrador--(BUSINESS WIRE)-- Altius Minerals Corporation (TSX: ALS; OTCQX: ATUSF) ('Altius' or the 'Corporation') reports that all resolutions presented at its May 14, 2025 Annual General 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 95% or higher. The voting participation rate was 73.9% and Altius thanks its shareholders and their intermediaries for another year of solid voter participation. Detailed results of the election of directors and meeting resolutions are as follows: About Altius Altius's strategy is to create per share growth through a diversified portfolio of royalty assets that relate to long life, high margin operations. This strategy further provides shareholders with exposures that are well aligned with sustainability-related global growth trends including the electricity generation transition from fossil fuel to renewables, transportation electrification, reduced emissions from steelmaking and increasing agricultural yield requirements. These macro-trends each hold the potential to cause increased demand for many of Altius's commodity exposures including copper, renewable based electricity, several key battery metals (lithium, nickel and cobalt), clean iron ore, and potash. In addition, Altius runs a successful Project Generation business that originates mineral projects for sale to developers in exchange for equity positions and royalties. Altius has 46,301,246 common shares issued and outstanding that are listed on Canada's Toronto Stock Exchange. It is included in each of the S&P/TSX Small Cap, the S&P/TSX Global Mining, and the S&P/TSX Canadian Dividend Aristocrats indices.
