Altius Reports Voting Results From its May 17, 2024 Annual General Meeting

Rhea-AI Summary

Altius Minerals (TSX: ALS; OTCQX: ATUSF) announced the successful approval of all resolutions at its Annual General Meeting held on May 17, 2024. Key approvals included the election of directors and the appointment of Deloitte LLP as auditors for the ensuing year. Shareholder participation was strong at 69.6%. Directors elected with over 93% votes in favor included Nicole Adshead-Bell, Teresa Conway, John Baker, Brian Dalton, Anna El Erian, André Gaumond, Roger Lace, Fred Mifflin, and Jamie Strauss. The 'Say on Pay' resolution was also passed with 98.96% approval.

Positive

• All resolutions at the Annual General Meeting were approved.
• High voter participation rate at 69.6%.
• Directors elected with votes of 93% or higher.
• Appointment of Deloitte LLP as auditors was approved with 99.59% votes.
• Strong 'Say on Pay' approval at 98.96%.

Negative

• None of the reported outcomes indicate immediate negative impacts.

ST. JOHN’S, Newfoundland and Labrador--(BUSINESS WIRE)-- Altius Minerals Corporation (TSX: ALS; OTCQX: ATUSF) (“Altius” or the “Corporation”) reports that all resolutions presented at its May 17, 2024 Annual General Meeting were approved by shareholders, including the election of directors Nicole Adshead-Bell, Teresa Conway, John Baker, Brian Dalton, Anna El Erian, André Gaumond, Roger Lace, Fred Mifflin, and Jamie Strauss, all with votes in favour at 93% or higher. The voting participation rate was 69.6% and Altius thanks its shareholders and their intermediaries for another year of solid voter participation. Detailed results of the election of directors and meeting resolutions are as follows:

ANNUAL GENERAL MEETING MAY 17, 2024 - REPORT OF VOTING RESULTS
RESOLUTION	FOR	WITHHELD/AGAINST	RESULT
Appointment of Deloitte LLP, St. John’s, NL as Auditors of the Corporation for the ensuing year and authorizing the Directors to fix their remuneration	32,455,891	133,855	Approved (99.59%)
Election of the following directors:
Nicole Adshead-Bell	29,297,399	295,996	Elected (99.00%)
Teresa Conway	29,494,955	98,440	Elected (99.67%)
John Baker	28,499,064	1,094,331	Elected (96.30%)
Brian Dalton	29,483,992	109,403	Elected (99.63%)
Anna El Erian	27,573,395	2,020,000	Elected (93.17%)
André Gaumond	29,527,412	65,983	Elected (99.78%)
Roger Lace	29,510,505	82,890	Elected (99.72%)
Fred Mifflin	28,261,743	1,331,652	Elected (95.50%)
Jamie Strauss	29,092,148	501,247	Elected (98.31%)
Say on Pay	29,286,493	306,902	Approved (98.96%)

About Altius

Altius’s strategy is to create per share growth through a diversified portfolio of royalty assets that relate to long life, high margin operations. This strategy further provides shareholders with exposures that are well aligned with sustainability-related global growth trends including the electricity generation transition from fossil fuel to renewables, transportation electrification, reduced emissions from steelmaking and increasing agricultural yield requirements. These macro-trends each hold the potential to cause increased demand for many of Altius’s commodity exposures including copper, renewable based electricity, several key battery metals (lithium, nickel and cobalt), clean iron ore, and potash. In addition, Altius runs a successful Project Generation business that originates mineral projects for sale to developers in exchange for equity positions and royalties. Altius has 46,452,252 common shares issued and outstanding that are listed on Canada’s Toronto Stock Exchange. It is included in each of the S&P/TSX Small Cap, the S&P/TSX Global Mining, and the S&P/TSX Canadian Dividend Aristocrats indices.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240517662814/en/

Flora Wood

Email: Fwood@altiusminerals.com

Tel: 1.877.576.2209

Direct: +1(416)346.9020



Ben Lewis

Email: Blewis@altiusminerals.com

Tel: 1.877.576.2209

Source: Altius Minerals Corporation

FAQ

What was the voter participation rate at Altius Minerals' 2024 Annual General Meeting?

The voter participation rate was 69.6%.

Who was appointed as auditor for Altius Minerals for the ensuing year?

Deloitte LLP was appointed as auditor with 99.59% approval.

What percentage of votes did Nicole Adshead-Bell receive in the director election?

Nicole Adshead-Bell received 99.00% of the votes.

Was the 'Say on Pay' resolution approved at Altius Minerals' AGM?

Yes, the 'Say on Pay' resolution was approved with 98.96% of the votes.

Which directors received the highest percentage of votes in favor?

André Gaumond received the highest percentage with 99.78% votes in favor.