Altius Minerals (ALS) OTCQX Best 50 Virtual Investor Conference summary

Company overview and strategy

• Focuses on royalties from base and battery metals, potash, iron ore, and renewable energy, with minimal exposure to gold.

• Maintains a diversified portfolio with long-life assets averaging over 35 years of mine life.

• Prioritizes growth per share, active buybacks, and a steadily increasing dividend.

• No plans to seek NYSE or NASDAQ listing, despite growing U.S. shareholder base.

• Project generation remains core, creating value through early-stage investments.

Financial performance and growth outlook

• 2025 royalty revenue base is CAD 62 million, projected to exceed CAD 200 million by 2030.

• 2026 revenue expected around CAD 90 million, driven by new lithium royalties from the LRC acquisition.

• Major revenue growth catalysts include Goulamina lithium (2026), Curipamba copper-gold (2027), and the Kami iron ore project.

• LRC acquisition cost approximately CAD 530–550 million, expected to contribute over CAD 70 million annually by 2030.

• Maintains strong cash position and low debt, with flexibility for new investments.

Asset highlights and market positioning

• Potash royalties from Saskatchewan mines provide stable, long-term growth, with over 50 years of mine life remaining.

• High-purity iron ore exposure through Labrador Trough, with Kami project potentially doubling current revenue.

• Renewable energy royalties via Great Bay Renewables, benefiting from rising U.S. power prices and data center demand.

• Arthur Gold royalty could generate over CAD 30 million annually in the next decade.

• Focus on assets with expansion potential and long-term optionality.