Altius Reports on 2012 AGM Results
November 01 2012 - 08:50AM
Marketwired
Altius (TSX:ALS) reports that all resolutions presented at its
October 31st, 2012 Annual and Special Meeting were approved by
shareholders, including the re-election of directors John Baker,
Brian Dalton, Fred Mifflin, Susan Sherk, Jamie Strauss and Don
Warr. The final voting results on each item of business and
respective resolutions have been filed on SEDAR.
About Altius
Altius is focused on the mining and resources sector through
prospect generation and the creation and acquisition of royalties
and investments. Altius has a strong financial position with total
assets of approximately $287 million, including $162 million in
cash and marketable securities. It has also built a portfolio of
directly and indirectly held junior resource investments, including
32.9 million shares of Alderon Iron Ore Corp. (TSX:ADV).
Altius owns a 3% gross sales royalty on the Kami iron ore
project of Alderon, an effective 0.3% net smelter return royalty on
the producing Voisey's Bay nickel-copper-cobalt mine, a 2% gross
sales royalty on uranium in the Central Mineral Belt project of
Paladin Energy Limited, and several earlier stage resource project
royalties. Its growing project generation pipeline consists of a
diversified portfolio of exploration projects, many of which have
attracted joint venture funding partners.
Altius is a member of the S&P/TSX Global Mining Index and
currently has 28,424,464 shares outstanding.
Contacts: Altius Minerals Corporation Chad Wells Vice President
Corporate Development Toll Free: 1-877-576-2209 709-576-3441
(FAX)info@altiusminerals.com www.altiusminerals.com
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