ALTIUS MINERALS CORP - ATUSF STOCK NEWS

Altius Minerals Corporation (ATUSF) reported a notable increase in attributable royalty revenue of $17.8 million for Q1 2021, reflecting a 9% rise from $16.3 million in Q1 2020. Adjusted EBITDA rose 15% to $14.6 million, achieving an impressive 82% margin. However, adjusted operating cash flow declined 33% to $8.8 million due to tax timing issues. Net earnings reached $11.8 million with adjusted earnings of $6.3 million, up from $3.4 million in the same quarter last year. The company allocated capital towards debt repayments, dividends, and share buybacks during the quarter.

Altius Minerals Corporation (ATUSF) expects to report approximately $17.7 million in attributable quarterly royalty revenue for Q1 2021, up from $16.3 million in Q1 2020. Base metal revenue reached $7.6 million, while potash and thermal coal revenues were $4.0 million and $2.9 million, respectively. Iron ore revenue improved significantly to $2.9 million compared to $1.0 million last year. The upcoming financial results release is scheduled for May 11, 2021, followed by a conference call on May 12, 2021.

Altius Minerals Corporation (ATUSF) reported a portfolio value of $54.2 million as of March 31, 2021, up from $52.2 million at year-end 2020. Equity sales exceeded new investments by $2.5 million during the quarter. The company acknowledged board member Don Warr for his 15 years of service. Recent highlights include Champion Iron's acquisition of the Kami project and Altius’s increased equity ownership in Orogen to 14.6%. The firm aims to capitalize on diversified royalty assets aligned with sustainability trends.

Altius Minerals Corporation (ATUSF) announced that its subsidiary, Altius Resources, has acquired 4,541,500 common shares of Orogen Royalties Inc. (OGN) for a total of $1,613,490.13. This acquisition increased Altius Resources' holdings to 25,865,015 shares, representing approximately 14.615% of Orogen's outstanding shares. The shares were purchased in multiple transactions between March 22 and March 26, 2021. Altius Resources plans to hold these shares for investment purposes and may adjust its ownership in the future based on market conditions.

Altius Minerals Corporation (TSX: ALS; OTCQX: ATUSF) reported 2020 attributable royalty revenue of $67.5 million, down 14% from $78.1 million in 2019. Q4 2020 revenue reached a record $21.9 million, up 26% year-over-year. Adjusted EBITDA decreased 15% to $53 million, with an adjusted EBITDA margin of 78%. Operating cash flow climbed 8% to $47.5 million. The company is focusing on renewable energy investments, with a $67.6 million investment last year. A dividend of five cents per share was declared, payable on March 31, 2021.

Altius Resources Inc. announced its right to acquire 7,140,000 common shares of TRU Precious Metals Corp., representing approximately 19.9% of TRU's outstanding shares, as part of an option agreement. In exchange for the shares, TRU will receive the mineral claims known as Golden Rose. Additional shares will be issued to Altius over the next two years, contingent on TSXV approval. Altius’s strategy focuses on diversifying its royalty assets and aligning with global sustainability trends. The shares will be acquired for investment purposes.

Altius Minerals Corporation (ALS:TSX) (ATUSF: OTCQX) announced its subsidiary, Altius Renewable Royalties Corporation (ARR), will begin trading on the Toronto Stock Exchange on February 26, 2021, under the symbol 'ARR'. The initial public offering (IPO) consists of 9,100,000 shares priced at C$11.00 each, raising C$100.1 million. Post-offering, Altius will own approximately 61% of ARR's shares. ARR focuses on long-term royalty investments in renewable energy, supporting the global transition to sustainable energy solutions.

Altius Minerals Corporation (ALS:TSX) (ATUSF: OTCQX) expects to report record quarterly royalty revenue of approximately $21.9 million ($0.53 per share) for Q4 2020. This is an increase from $16.2 million in Q3 and $17.6 million in Q4 2019. Total expected royalty revenue for 2020 is $67.5 million ($1.62 per share), down from $78.1 million in 2019. Factors affecting revenue include higher commodity prices and increased ownership in coal royalties. Key segments include base metals ($6.8 million), potash ($3.0 million), thermal coal ($6.3 million), and iron ore ($5.2 million).

Altius Resources Inc., a subsidiary of Altius Minerals Corporation (TSX:ALS, OTCQX:ATUSF), has announced a subscription agreement to acquire 3,125,000 common shares of Wolfden Resources Corporation (TSXV:WLF) for $1,000,000, at a price of $0.32 per share. This acquisition, part of a non-brokered private placement, will increase Altius's ownership in Wolfden from 10.86% to approximately 12.63%, with potential post-exercise holdings rising to about 16.94%. Altius aims to enhance its investment portfolio while aligning with sustainability trends.