Altius Minerals Corporation

Altius is a natural resource project generation and royalty business based in the province of Newfoundland & Labrador. Altius is focused on the mining and resources sector through prospect generation, the creation and acquisition of royalties and investments. The Corporation has a strong financial position with approximately $194 million in cash and liquid investments and no debt. Altius owns an effective 0.3% net smelter return in the producing Voisey’s Bay nickel-copper-cobalt mine located in Labrador, Canada and has numerous active mineral exploration agreements principally in eastern Canada targeting a variety of mineral commodities. In addition, the Corporation holds investments in junior exploration and development stage companies. The Company prefers to generate partnerships or corporate structures related to the opportunities it generates, which results in the Corporation carrying minority and non-operating project or equity interests and/or royalty interests. Since inception in 1997, our business model and operating philosophy have consistently delivered increased value for shareholders of Altius through cyclical market conditions. The company has built a solid reputation around its percentage of successful mineral project generation initiatives that it intends to further build upon.

While the market sentiment for the natural resources sector was somewhat turbulent in 2009 our Company is well prepared to embrace the opportunities of market volatility and/or a down-cycle. Going forward Altius intends to grow its business through its; 1) organic mineral exploration business focused in eastern Canada, 2) exportation of its proven prospect generator business model to other choice jurisdictions, and 3) to prudently deploy its capital in royalty-like investment opportunities throughout the minerals sector. Altius prospered through the last bear cycle because its business plan inherently preserves capital structure and manages risk, thus there are many reasons to be optimistic about the future of Altius and its expanding business strategy.

Contact Details

Office Address

Altius Minerals Corporation
Kenmount Business Center, 66 Kenmount Rd., Ste. 202
St. John's, NL, Canada A1B3N4
Phone: (709) 576-3440
Fax: (709) 576-3441