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 hundredvanities1on Jul 30, 2012 10:48am

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Post# 20164835

RE: Aussie Spinoff

https://altiusminerals.com/uploads/PR09-10.pdf

Contrast and compare with ADV spinoff:

ADV spinoff: $5 million required expenditure, then allocation of property to Newco. 50% of equity and 3% royalty to Altius. Newco responsible for recruitment of management and board acceptable to Altius.

Snelgrove spinoff: $6.5 million required expenditure, then allocation of property to Newco. 20% of equity and 3% royalty to Altius. Newco responsible for recruitment of management and board acceptable to Altius.

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CIP knows how to raise capital for Australian mining juniors (they remind me of Forbes and Manhattan). Coalspur Mines was a $1.4 billion dollar market cap junior at one point this year. This Newco will be well-funded.

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