Altius Renews Normal Course Issuer Bid

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Aug 17, 2022

Altius Minerals Corporation (TSX: ALS) (OTCQX: ATUSF) (“Altius” or the “Corporation”) is pleased to announce that it has renewed its Normal Course Issuer Bid (“NCIB”) by which it may purchase at market price up to 1,698,481 common shares (“Shares”), being approximately 3.56% of the 47,680,588 common shares issued and outstanding as of August 10, 2022, through the facilities of the Toronto Stock Exchange (“TSX”) or a Canadian alternative trading system. The bid is subject to regulatory approval. The NCIB will commence August 22, 2022 and will end no later than August 21, 2023. Any Shares purchased during the NCIB will be cancelled and returned to treasury.