Altius Minerals Provides 2nd Quarter 2024 Project Generation Update

Date:

ST. JOHN’S, Newfoundland and Labrador / Jul 09, 2024 / Business Wire / Altius Minerals Corporation (ALS:TSX) (ATUSF: OTCQX) (“Altius” or the “Corporation”) is pleased to update its Project Generation (“PG”) business activities and its public junior equities portfolio.

The market value of equities in the portfolio at June 30, 2024 was $55.8 million, compared to $45.4 million at March 31, 2024. Cash proceeds of $7.6 million were generated from various portfolio sales while $2.9 million was invested during the quarter through the exercise of warrants. Net proceeds of $11.4 million have been generated from the portfolio thus far in 2024.

An updated list of the public equity holdings has been posted to the Altius website and can be accessed here.

Portfolio Updates

Recently reported updates from certain portfolio companies included the following:

Orogen Royalties Inc. (TSX:OGN) (“Orogen”) reported…

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