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 lhyneson Nov 21, 2005 9:20am

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Post# 9891345

Voisey's Bay News good for Altius

Voisey's Bay Good News for Altius November 21, 2005, The Telegram Production from Voisey's Bay is good news for the balance sheet at Altius Minerals in St. John's. With the start of production at Voisey’s Bay, it means the royalty interest Altius owns on the multi-billion dollar deposit will start flowing into that company. President Brian Dalton says Altius has gone from a pure junior exploration company to an internally finance company with a strong source of cash flow. He says they no longer have to depend on stock markets and financial markets for funding to generate new business. Dalton says the royalty interest from Voisey’s gives Altius a strong, long term asset, which they can leverage into other successful resource development opportunities for Newfoundland and Labrador.

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