Altius Minerals Corp T.ALS

Alternate Symbol(s): ATUSF

Metals & Mining Industrial Metals & Minerals

Altius Minerals Corporation is a mineral royalty, renewable energy royalty and mineral project generation company. The Company holds royalty interests in approximately 12 operating mines located across Canada and Brazil that produces copper, zinc, nickel, cobalt, potash, iron ore and thermal (electrical) coal. Its segments include Mineral Royalties, Project Generation and Renewable Royalties. Its Mineral Royalties segment consists of the acquisition and management of producing and development stage royalty and streaming interests. Its Project Generation segment consists of acquisition and early-stage exploration of mineral resource properties with a goal of vending the properties to third parties in exchange for early-stage royalties and minority equity or project interests. Its Renewable Royalties segments consists of majority interest holding in Altius Renewable Royalties Corp (ARR), which is focused on the acquisition and management of renewable energy investments and royalties.

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Altius Minerals Corp

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Comment by jonesrjon Jul 29, 2007 1:58am

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Post# 13167391

RE: Sprott Owns over 19 % of ALS

I ask myself, What is the significance of 19.1%? Why halt an advance at that point? I know that if Sprott owned 50.1% of Altius, then Altius would be, according to US regulations, categorized as a ‘Subsidiary’ of Sprott. But there is also another legal term in US regulations. It is called an ‘Affiliate’. At what point would Altius become an ‘Affiliate’ of Sprott? Could the ‘Affiliate’ threshold be 20% ownership? Did Sprott stop at this point to remain ‘stealth’ and out of the radar? I know so little about this topic. Hopefully someone can enlighten me on this. Sprott warrants watching carefully. I guess that I should emphasize that I see nothing here worry about. If anything, it can only make us richer faster. RJ

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This junior mining stock offers billions in market exposure