Altius Announces Appointment of John Baker to Executive Chairman

Altius Minerals Corporation ("Altius" or the "Company") (TSX:ALS) is pleased to
announce its current Chairman, John Baker, QC, has agreed to accept the newly
created full time position of Executive Chairman with Altius effective June 30,
2014. John was a co-founder of Altius in 1997 and has been the Chairman of the
Board since 2005. 


Prior to his appointment John was a senior partner in a leading St. John's law
firm where he carried out an extensive and diverse mining, securities, and
corporate/commercial practice. He has served on numerous public company and
volunteer boards and has received several awards for public service.


Brian Dalton, Altius' President and CEO commented, "We have all worked with John
for several years in a non-executive capacity but during the past year as the
overall workload and opportunities before Altius increased dramatically, he was
called upon to take on a more active role in operations and negotiations. John's
contributions of talent and effort during this period delivered tremendous
complementary benefits and greatly enhanced our collective ability to
successfully execute on several strategic goals. His appointment has been met
with unanimous enthusiasm and excitement by the board, management and staff. As
a fellow co-founder of Altius, John has demonstrated tremendous passion,
integrity and work ethic in contributing to its development and growth since
1997. This new role as a full-time member of the management team is a natural
one and we whole-heartedly welcome this opportunity to work even more closely
with John as our current and future goals and objectives are met."


About Altius

Altius is focused on the mining and resources sector through prospect generation
and the creation and acquisition of royalties. 


Altius holds royalty interests in 12 producing assets that include 5 coal mines
and 6 potash mines located in western Canada and a royalty on the producing
Voisey's Bay nickel-copper-cobalt mine in Labrador. 


It has a 3% gross sales royalty on the development stage Kami iron ore project
of Alderon Iron Ore Corp. ("Alderon"), a 2% gross sales royalty for the advanced
exploration stage Central Mineral Belt uranium project of Paladin Energy
Limited, and several other resource stage project royalties. Its project
generation pipeline contains a diversified portfolio of exploration stage
projects and royalties, many of which are being advanced through various
partner-funding arrangements. 


Altius has also built a portfolio of directly and indirectly held junior
resource investments, including a approx. 25% shareholding in Alderon (TSX:ADV),
an approx. 8% shareholding in Virginia Mines Inc. (TSX:VGQ), and a approx. 5.9%
shareholding in Callinan Royalties Corporation (TSX VENTURE:CAA). 


Altius has 32,238,821 shares issued and outstanding that are listed on Canada's
Toronto Stock Exchange. It is a member of both the S&P/TSX Small Cap and S&P/TSX
Global Mining Indices.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Altius Minerals Corporation
Chad Wells
1.877.576.2209
Fax: 709.576.3441
Website: www.altiusminerals.com

Altius Minerals (TSX:ALS)
과거 데이터 주식 차트
부터 10월(10) 2024 으로 11월(11) 2024