Altius Renewable Royalties Reports Q4 Expected Attributable Royalty Revenue(1) of US$0.9 million, Full Year Royalty Revenue of US$3.6 million

Jan 25, 2023

Altius Renewable Royalties Corp. (TSX: ARR) (OTCQX: ATRWF) (“ARR”, the “Company”, or the “Corporation”), expects to report Q4 2022 attributable royalty revenue of $0.9 million, which compares to $0.2 million of attributable royalty revenue recorded in Q4 2021. On a full year basis, attributable royalty revenue increased to $3.6 million from $0.3 million recorded in 2021 and reflects the addition of operating royalties in 2022. The 50% owned Great Bay Renewables (“GBR”) joint venture revenue of $7.3 million exceeded the increased guidance range of $6.5 - $7.0 million as disclosed in the press release dated October 17, 2022. The Company intends to provide 2023 revenue guidance with the release of its financial results on March 1, 2023.

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