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Altius Minerals Corp ATUSF

Primary Symbol: T.ALS

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 Betteryear2on Apr 25, 2024 6:48pm

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Post# 36008285

Altius Resources Inc. Exercises Warrants of Orogen Royalties

April 25, 2024 07:55 AM Eastern Daylight Time

ST. JOHN’S, Newfoundland and Labrador--(BUSINESS WIRE)--Altius Resources Inc. (“Altius”), a subsidiary of Altius Minerals Corporation (TSX:ALS) (ATUSF:OTCQX), announces that on April 25, 2024 it acquired ownership of an aggregate of 7,115,546 common shares (“Common Shares”) of Orogen Royalties Inc. (TSXV: OGN) (“Orogen”), with its head office at 1015-789 West Pender Street, Vancouver, BC, V6C 1H2. The Common Shares were acquired by Altius pursuant to an exercise of common share purchase warrants of Orogen (“Warrants”) held by Altius at an exercise price of $0.4016 per share, for an aggregate purchase price of $2,857,603.27 (the “Acquisition”).

Altius Resources Inc. Exercises Warrants of Orogen Royalties Inc. | Business Wire