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 PamplonaTraderon Mar 05, 2015 10:21am

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Post# 23492859

RE:RE:halted

HighROI wrote:
Callinan halted too...

Takeover of Callinan?

Called this takeover on CEO.ca chat just 3 days ago. Cash from CAA nets out ALS debt... This has been a goal for ALS since the Sherritt deal. EV for CAA is just over 9x earnings... Which is in line with other royalty Aquisitions. What gave me pause was the fact that 777 is not a long life royalty. Producing to 2021 so paying 9x earnings doesn't make much sense unless CAA has other royalties expected to produce by that time. Which brings me to the NSR royalty on MIN's Gunnison copper project. Huge validation for MIN... IMO, this may have been the underlying impetus for the deal.

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