|Bid||11.23 x 0|
|Ask||11.25 x 0|
|Day's Range||11.11 - 11.40|
|52 Week Range||10.04 - 13.93|
|Beta (3Y Monthly)||1.13|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.20 (1.75%)|
|1y Target Est||N/A|
TORONTO, Sept. 11, 2019 /CNW/ - Aethon Minerals Corp. (TSX-V:AET.V - News), ("Aethon" or the "Company"), along with its wholly-owned Chilean subsidiary, are pleased to announce the execution of an Earn-In with Option to Joint Venture Agreement (the "Agreement") with Rio Tinto Mining and Exploration Limited / Agencia En Chile, a member of the Rio Tinto Group ("Rio Tinto"), to acquire an interest in the Company's wholly-owned Arcas project (the "Arcas Project" or "Project") in Chile. The Agreement allows Rio Tinto to acquire up to a 75% stake in Arcas, by incurring up to US$25 million in exploration expenditures. The proposed exploration expenditures contemplated under this Agreement, would represent the first significant exploration program on the Arcas Project since the property was drilled by a subsidiary of Teck in 2010.
Altius Minerals Corporation is pleased to announce that it has renewed its Normal Course Issuer Bid and it may purchase at market price up to 1,779,103 common shares , being approximately 4.2% of the 42,783,796 common shares issued and outstanding as of August 14 2019, by way of an NCIB through the facilities of the Toronto Stock Exchange .
Altius Minerals Corporation reports attributable royalty revenue of $19.5 million or $0.46 per share for the quarter ended June 30, 2019, which compares to Q2 2018 royalty revenue of $16.5 million or $0.38 per share and record Q1 2019 revenues of $21.8 million or $0.51 per share.
MONTREAL, July 15, 2019 /CNW Telbec/ - Aimia Inc. (TSX:AIM.TO - News) announces that it has added two new independent directors, Dieter Jentsch and Frederick Mifflin, to its Board, effective immediately.
Altius Minerals Corporation reports that all resolutions presented at its May 8, 2019 Annual and Special Meeting were approved by shareholders, including the re-election of directors John Baker, Brian Dalton, Don Warr, Fred Mifflin, Jamie Strauss, Anna Stylianides, and André Gaumond, and the election of Roger Lace upon his nomination by Fairfax Financial Holdings Limited.
Altius Minerals Corporation reports attributable royalty revenue of $21.8 million for the quarter ended March 31, 2019, a quarterly record which is up 38% compared to Q1 2018 royalty revenue of $15.8 million and up 24% compared to Q4 2018 revenues of $17.6 million.
Altius Minerals Corporation (“Altius”) (ALS:TSX) is pleased to provide an update on its Project Generation (“PG”) business activities and performance of its related junior equities portfolio for the first quarter of 2019.
Altius Minerals Corporation reports attributable royalty revenue of $67.0 million for the year ended December 31, 2018.
Altius Minerals Corporation (“Altius”) (ALS:TSX, ATUSF:OTCQX) reports that during a constructive meeting held with representatives of Labrador Iron Ore Royalty Corporation (“LIORC”) on February 22, 2019, it received positive assurances that LIORC no longer intends to pursue changes to its current Articles or its passive flow-through mandate and that it will maintain adherence to its policy of paying dividends to the maximum extent possible. LIORC also advised that the topic of segregating its respective Iron Ore Company of Canada (“IOC”) related royalty and equity interests is set to be generally discussed at its next board meeting where, if it is determined by the Board to be in the best interests of LIORC and its shareholders, the Board will not hesitate to bring it forward.
Altius Minerals Corporation (“Altius”) (ALS:TSX, ATUSF:OTCQX) is pleased to announce that its recently formed subsidiary, Altius Renewable Royalties Corp. (“ARR”), has entered into a transaction with Tri Global Energy, LLC (“TGE”), to gain future royalties related to a portfolio of wind energy development projects. Dallas-based Tri Global Energy is a leading developer of wind energy in the U.S. TGE’s goal is to develop clean energy through the development of wind energy projects.
During the meeting, Altius delivered a letter addressed to the LIORC board of directors that outlined certain specific shareholder concerns. The primary purpose of the meeting was to request that the board of LIORC pay out excess cash on its balance sheet and resume a commitment to its passive, flow-through business mandate. Altius’ investment in LIORC is predicated upon LIORC adhering to a commitment to serve as a passive flow-through vehicle for royalties and equity dividends related to the operations of the Iron Ore Company of Canada (“IOC”).
Altius Minerals Corporation (“Altius” or the “Company”) (ALS:TSX, ATUSF:OTC QX) reports that Guy Bentinck has tendered his resignation from the Board of Directors of Altius. Mr. Bentinck was a board nominee of Fairfax Financial Holdings Limited as per rights it was granted in relation to its ongoing $100 million preferred securities investment in Altius. Altius also wishes to advise that it has received requests from both the Government of Alberta and the Government of Canada for extensions of time to provide statements of defense to the lawsuit filed against them by the Genesee Royalty Limited Partnership, of which Altius is indirectly the general partner.
Altius Minerals Corporation reports that it has entered into an agreement to acquire a 2% Net Smelter Return Royalty covering the Curipamba copper-gold-zinc project from Resource Capital Fund VI L.P.
Altius Minerals Corporation reports that it will release audited financial results for its three month and twelve month period ended December 31, 2018 on March 12, 2019 after the close of market, with a conference call to follow March 13, 2019 at 9:00 am ET.
Altius Minerals Corporation (“Altius”) (ALS:TSX) is pleased to provide an update on its project generation (“PG”) business activities and performance of its related junior equities portfolio for the fourth quarter and full year 2018. 2018 was a very productive year for the Altius project generation business, with sale or partnering transactions completed relating to a record 25 of its mineral properties. All of the project transactions have resulted in the creation of early stage royalties in favour of Altius in addition to either share or cash payments and work commitments by the incoming partners.
OTCQX: ATUSF) reports that the Genesee Limited Partnership (“Genesee LP”), of which Altius is the General Partner, has filed suit against the governments of Alberta and Canada. The suit claims $190 million in damages while describing actions that it feels were tantamount to expropriation of its royalty interest in the integrated Genesee mine and power plant in Alberta. In 2014, Altius made a significant investment in the royalty from the coal that underpins the integrated Genesee mine and power plant in Alberta, Canada.
Altius Minerals Corporation reports attributable royalty revenue of $17.1 million for the quarter ended September 30, 2018 compared to $16.5 million in the previous quarter and $17.9 million in the comparable prior year quarter ended October 31, 2017.
Altius Minerals Corporation reports that it will release financial results for its third quarter of 2018 on November 7, 2018 after the close of market. The Q3 2018 results for the period ended September 30, 2018 will be presented in comparison with the three-month period ended October 31, 2017 as a result of the recent conversion to a calendar year end.
Altius Minerals Corporation is pleased to provide an update on its Project Generation business activities and its public junior equities portfolio. The market value of the junior equities portfolio at September 30, 2018 was $67.8 million, compared to $60.3 million at June 30, 2018.