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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Post by Greenandgold.on Nov 03, 2011 1:15am

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Post# 19204532

More Details about Century deal

From Century's SEDAR filing. Looks like a very aggressive deal by Altius.
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1) 5 million Century shares paid to Altius in the next 2 years (not five years). If Century can maintain its share price in the near future that's over $10 million of value. I like that they get these shares soon and can unload them for cash while iron ore is still a hot commodity.
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2) Bonus shares for reaching certain 43-101 levels could reach up to 35 million Century shares. Wow, no wonder Century kept this out of the press release.
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Unbelievable work for properties that was staked late in 2011.
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Also, a couple of new presentations on the Altius website. Great chart on NAV increase since inception. Also a mention that "race is on" for ADV to try to grab last piece of available infrastructure capacity. ADV needs to beat out Champion, the Bloom Lake expansion to 24 MT, and other companies for QNS&L rail access.

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