Stocks in play: Altius Minerals Limited

Canstar Resources Ltd. and Adventus Zinc Corporation provided an update in relation to Canstar’s acquisition of the Newfoundland base metal exploration assets of Adventus and the Daniel's Harbour Zinc Project from Altius, as previously announced by Canstar on February 21. On April 17, Canstar completed a non-brokered private placement for aggregate gross proceeds of $1,500,021. The Offering consisted of the sale of 8,333,699 common share subscription receipts at a price of $0.06 per Common Share Receipt and 12,500,000 flow through subscription receipts at a price of $0.08 per Flow Through Receipt. Altius Resources Inc., a wholly-owned subsidiary of Altius, has purchased 6,250,000 Flow Through Receipts for the amount of $500,000. Altius Minerals Limited shares T.ALS are trading up $0.31 at $14.64.