Altius Reports Voting Results From May 13, 2022 Annual General Meeting

Rhea-AI Summary

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.

Positive

• All resolutions at the Annual General Meeting were approved by over 97%.
• Shareholder participation exceeded 65%, reflecting strong investor engagement.
• Altius is well-positioned to benefit from global sustainability trends in electricity and battery metals.

Negative

• None.

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 13, 2022 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 97% or higher. The voting participation rate was over 65% 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 13, 2022 - REPORT OF VOTING RESULTS
RESOLUTION	FOR	WITHHELD	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	26,229,963	582,757	Approved (97.83%)
Election of the following directors:
Nicole Adshead-Bell	22,080,500	409,233	Elected (98.18%)
Teresa Conway	22,367,166	122,567	Elected (99.46%)
John Baker	21,893,048	596,685	Elected (97.35%)
Brian Dalton	22,396,754	92,979	Elected (99.56%)
Anna El Erian	21,706,098	783,635	Elected (96.52%)
André Gaumond	22,378,308	111,425	Elected (99.51%)
Roger Lace	22,362,256	127,477	Elected (99.43%)
Fred Mifflin	22,314,255	175,478	Elected (99.22%)
Jamie Strauss	22,366,890	122,843	Elected (99.45%)
Set Number of Directors at 9	22,380,443	109,291	Approved (99.51%)
Say on Pay	FOR 22,209,356	AGAINST 280,377	RESULT Approved (98.75%)

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 47,855,837 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/20220513005505/en/

Flora Wood

Fwood@altiusminerals.com

1.877.576.2209

Direct: +1(416)346.9020

Ben Lewis

Blewis@altiusminerals.com

1.877.576.2209

Source: Altius Minerals Corporation

FAQ

What were the outcomes of Altius Minerals Corporation's Annual General Meeting on May 13, 2022?

All resolutions, including the election of directors and appointment of auditors, were approved with over 97% support.

Who were the newly elected directors at Altius's AGM on May 13, 2022?

Directors elected include Nicole Adshead-Bell, Teresa Conway, John Baker, and others, all receiving over 97% approval.

What was the approval rate for the appointment of Deloitte LLP as auditors for Altius?

The appointment of Deloitte LLP received an approval rate of 97.83%.

What is Altius Minerals Corporation's strategy moving forward?

Altius aims to create growth through a diversified portfolio of royalty assets, focusing on sustainability-related commodities.

What is the significance of Altius's high shareholder participation rate?

Over 65% participation indicates strong shareholder engagement and trust in the company's direction.