Altius Reports Q1 2022 Attributable Royalty Revenue of $25.5M and Adjusted Earnings (1,2) of $8.8M

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May 10, 2022

Altius Minerals Corporation (TSX: ALS; OTCQX: ATUSF) (“Altius” or the “Corporation”) reports first quarter revenue of $27.1 million compared to $17.5 million for the same period in 2021. Q1 2022 attributable royalty revenue(1,2) of $25.5 million ($0.62 per share(1,2)) was 44% higher than the $17.8 million ($0.43 per share) reported for the comparable quarter in 2021. These figures represent quarterly revenue records for the Corporation, mainly based upon higher realized commodity prices.