Altius Minerals Corporation (“Altius”) is pleased to update its Project Generation (“PG”) business activities and its public junior equities portfolio.
The market value of equities in the portfolio at December 31, 2025 was $49.3 million, compared to $44.0 million at September 30, 2025. Net portfolio investment of approximately $1.3 million was completed during the quarter.
Altius participated in the financing of new private company Centauri Minerals, added to its position in Perseverance Metals Inc. (TSX:V:PMI) and received shares of Altitude Minerals Ltd (ASX: ATT) as consideration for the previously announced vending of the Firenze gold project in Nevada. Altius has retained a 1.5% NSR royalty on the Firenze project, subject to a 0.5% buydown right. Altius also received shares in Eminent Gold Corp. (TSX-V: EMNT) related to a prior period sale of the Celts project. Both the Firenze and Celts projects were generated from Altius’s ongoing exploration alliance with Orogen Royalties Inc. (TSX-V: OGN).
An updated list of the public equity holdings on which we hold royalties has been posted to the Altius website at https://altiusminerals.com/investor-information/junior-equities-portfolio/.
Portfolio Highlights
Altius anticipates another busy exploration year on projects where it has a royalty interest and/or significant equity position in the operator, with more than 75,000 metres of planned, discovery-oriented drilling announced by its various portfolio companies. This is in addition to significant amounts of planned drilling at operating and development stage royalty projects.
As part of its project generation investment mandate, Altius continues to evaluate potential exploration alliances and junior equity investment opportunities that support royalty creation across multiple jurisdictions.
Qualified Person
Lawrence Winter, Ph.D., P.Geo., Vice President, Generative and Technical for Altius, a Qualified Person as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects, is responsible for the scientific and technical data presented herein and has reviewed, prepared and approved this release.