Altius Minerals Corp.
- PO Box 385 St. John'S
- Saint John's, Newfoundland and Labrador
- A1C 5J9
- Phone: (877) 576-2209
- Website
Description
Altius CEO Brian Dalton commented on the transaction completion by saying: "This represents the achievement of a multi-year goal that the board and management of Altius set for itself to develop scale in the minerals royalty sector. The level of diversity and longevity that this portfolio offers Altius shareholders has greatly exceeded our expectations. We look forward now to continuing to deliver strong results from our project generation business and further building upon this leading diversified minerals royalty portfolio.
St. John's - Altius Minerals Corporation ("Altius") is pleased to announce that it has completed the previously announced Arrangement for the acquisition of a portfolio of 11 producing coal and potash royalties from Prairie Mines & Royalty Ltd. ("Prairie Royalties"), a wholly-owned subsidiary of Sherritt International Corporation ("Sherritt").