Welcome to our dedicated page for Altius Mnrls news (Ticker: ATUSF), a resource for investors and traders seeking the latest updates and insights on Altius Mnrls stock.
Altius Mnrls (ATUSF) provides investors with comprehensive updates on mineral exploration activities and resource development strategies through this dedicated news hub. Track official press releases, operational milestones, and strategic announcements from the company focused on geological surveying and mineral rights acquisition.
This resource centralizes critical updates including project evaluations, partnership developments, and corporate governance news. Investors gain timely access to operational decisions impacting ATUSF's exploration portfolio while analysts benefit from structured disclosure of technical advancements in mineral assessment methodologies.
All content undergoes verification to ensure alignment with financial reporting standards. Users can monitor updates ranging from preliminary exploration findings to strategic asset management decisions without promotional bias. The curated format enables efficient tracking of ATUSF's progress in identifying viable mineral deposits across diverse geological regions.
Bookmark this page for direct access to validated information about Altius Mnrls' exploration initiatives and corporate developments. Check regularly for updates reflecting the company's ongoing efforts in mineral resource identification and strategic project evaluation.
Altius Minerals Corporation (TSX: ALS; OTCQX: ATUSF) will host an in-person and webcast Investor Day on May 25, 2022, from 1:00 PM to 4:00 PM ET. Interested shareholders and analysts should contact Flora Wood via flora@altiusminerals.com for attendance. The event will feature a live conference call, multiple Q&A sessions, and a webcast available on www.altiusminerals.com.
Altius focuses on creating growth through a diversified portfolio of royalty assets aligned with sustainability trends.
Altius Minerals Corporation (TSX: ALS; OTCQX: ATUSF) announced the successful approval of all resolutions at its Annual General Meeting on May 13, 2022. This included the election of directors, all receiving over 97% approval. Notable votes included the appointment of Deloitte LLP as auditors with an approval of 97.83%. Shareholder participation was commendable at over 65%. Altius emphasizes sustainable growth through a diverse portfolio of royalty assets, particularly in commodities aligned with global sustainability trends, including copper and battery metals.
Altius Minerals Corporation (ATUSF) reports a record Q1 2022 revenue of $27.1 million, up from $17.5 million in Q1 2021. Attributable royalty revenue increased 44% to $25.5 million, driven by higher commodity prices. Adjusted EBITDA rose 62% to $23.6 million, with an 83% margin. Net earnings reached $12.5 million or $0.29 per share, a slight increase from the previous year's $11.8 million. The company declared a $0.07 dividend per share, payable on June 30, 2022. Cash and equivalents stood at $121.3 million.
Altius Minerals Corporation (ATUSF: OTCQX) reported a record Q1 2022 attributable royalty revenue of
On April 14, 2022, Altius Minerals Corporation announced that Fairfax Financial Holdings exercised 6,670,000 common share purchase warrants at $15 each, generating gross proceeds of $100 million. Fairfax opted to pay the exercise price by surrendering $100 million in preferred securities for cancellation. Following this transaction, Fairfax will own 6,670,000 common shares, representing 13.94% of Altius's issued shares. This move eliminates outstanding warrants and preferred securities while establishing Fairfax as a major shareholder, supporting the long-term growth strategy of Altius.
Altius Minerals Corporation (ATUSF) reported a significant increase in the market value of its equities portfolio, rising to $67.3 million as of March 31, 2022, up from $55.5 million on December 31, 2021. This growth is attributed to payments received from three public issuers for projects sold by Altius. Notably, Altius has increased its stake in Orogen Royalties Inc. to 16.45%, while also making additional investments in several mining ventures, including Adventus Mining Corp. and Gungnir Resources Inc.
Altius Minerals Corporation (ATUSF) reported a record revenue of $81.7 million for 2021, up from $60 million in 2020. Fourth-quarter revenue was $22.6 million, compared to $21.5 million in Q4 2020. Attributable royalty revenue increased by 24% to $83.9 million or $2.03 per share. Adjusted EBITDA rose 27% to $67 million with an EBITDA margin of 80%. Net earnings were $38.3 million or $0.97 per share, compared to a net loss of $26.2 million in 2020. The company declared a quarterly dividend of $0.07 per share.
Altius Minerals Corporation (ATUSF) has reported significant mineral exploration discoveries related to its Chapada 3.7% copper stream interest and Silicon 1.5% NSR royalty. Lundin Mining's recent drill results from its Chapada operation in Brazil revealed high-grade copper and gold discoveries at the Saúva site, with grades exceeding current ore being processed. Meanwhile, AngloGold Ashanti announced a maiden inferred resource of 3.37 million ounces of gold at the Silicon Project in Nevada. These developments may influence production and expansion strategies for Altius.
Altius Minerals Corporation (ATUSF) announced the completion of a transaction with Labrador Uranium Inc. (LUR) on February 22, 2022. Altius Resources Inc., a subsidiary, transferred its interests in the Central Mineral Belt Uranium-Copper Project and the Notakwanon Uranium Project to LUR. In return, Altius received 8,000,000 common shares of LUR and a 2% gross overriding royalty on the projects. This acquisition gives Altius approximately 16.8% of LUR's total shares. The shares are under a hold period expiring in four months and one day.
Altius Minerals Corporation (ATUSF) reported a record 2021 annual attributable royalty revenue of
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