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Altius Minerals Corp T.ALS

Alternate Symbol(s):  ATUSF

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.


TSX:ALS - Post by User

Post by willyk3on Dec 19, 2024 9:19am
68 Views
Post# 36370003

Nice to see

Nice to see Dalton congratulating Champion Iron on getting a commitment to finance the Kami project .  Altius has a significant royalty should this get developed.
Lets not forget the debacle that was Alderon!  Its too bad that Altius never ponied up that cash to stop Sprot from putting the whole thing into the trash can and enabling Champion to pick it up for peanuts.
The way the whole thing went down , I allways smelled a rat!  Reminds me of the old days when unscrupulous management would drive down their own share prices on a promissing project and then make out like bandits on a shady takeover which would invariably enrich the management at the expense of common shareholders . But I digress!
I believe that Alderon shareholders are still entitled to some sort of payout from the bankruptcy should Kami ever be put into production. As an obviously disgruntled ex shareholder of said shares....I can  only hope!!!!
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