Altius Minerals Corp T.ALS

Alternate Symbol(s): ATUSF

Metals & Mining Industrial Metals & Minerals

Altius Minerals Corporation is focused on growing its royalty business through prospect generation and the creation and acquisition of royalties. It diversified mineral royalties from 11 operating mines located in Canada (nine) and Brazil (two) that produce copper, nickel, cobalt, lithium, potash and iron ore. Its segments include Mineral Royalties, Project Generation and Renewable Royalties. The Mineral Royalties consist of the acquisition and management of producing and development stage royalty and streaming interests. The Project Generation segment is engaged in 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. The Renewable Royalties segment includes a majority interest holding in publicly traded Altius Renewable Royalties Corp., 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 greenandgoldon Mar 02, 2011 5:29pm

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Post# 18221695

RE: RE: RE: Cranberry Capital and prospect generat

I assume the Eeden/Altius venture will remain a private company, a way for Altius to make use of Eeden's extensive connections in the industry. I don't think there's much market interest in taking a company like this public.

Some minor bad news for Altius today. Northern Abitibi only came up with 110,000 ounces of gold on its Viking property (Altius holds a 4% NSR) , taking the share price down 30%. Northern Abitibi will have to continue to drill more spots on the property for it to become a mine.

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