Slide 1: Q4 2024 Financial Results Conference Call
TSX: ALS | OTCQX: ATUSF Q4 2024 Financial Results Conference Call Renewable Power | Clean Steel | Potash | Copper | Lithium | Nickel | Cobalt
Slide 2: Forward Looking Statements
Forward Looking Statements This document includes certain statements that constitute “forward- In particular, the forward looking statements and information looking statements” and “forward-looking information” within the contained herein relating to past, present and future commodity prices, meanin
Slide 3: Strong Balance Sheet at Q4 2024
Strong Balance Sheet at Q4 2024 Cash at December 31, 2024 of $16 million, public equities valued at $87M (excluding LIORC, which has a value of $108M) Debt PG Equities LRC Cash $140M $120M $100M $80M $60M $40M $20M - 2017 2018 2019 2020 2021 2022 2023 2024 TSX: ALS | OTCQX: ATUSF |3
Slide 4: Adjusted Net Earnings – Q4 2024
Adjusted Net Earnings – Q4 2024 Adjusted net earnings of $2.7M or $0.06 per share after tax TSX: ALS | OTCQX: ATUSF |4
Slide 5: Positive Q4 Results in Project Generation
Positive Q4 Results in Project Generation Market value of portfolio at December 31, 2024 of $60 million, up from $45 million in prior year. Net monetizations of $15M during the year, comprised of $26.4M in sales and $11.3M in new investments, mainly to add to the Orogen position. Junior Equity Portf
Slide 6: 2024 Summary
2024 Summary Royalty revenue of $64M compares to $69M in 2023 and is mainly driven by lower potash prices and no coal revenue offset by higher copper prices, continued growth in the renewables business and higher iron ore dividends Adjusted EPS of $0.27 is up $0.03 from 2023, with the main adjusting
Slide 7: Kami Project: Altius 3% Gross Revenue Royalty
Kami Project: Altius 3% Gross Revenue Royalty New Partnership Increases Momentum Champion’s Kami Project study evaluated the production of 9.0M wmt per year of DR grade pellet feed iron ore >67.5% Fe, for which significant structural supply deficits are projected Scarcity value of projects like Kami
Slide 8: Silicon Gold District
Silicon Gold District Highlights and Outlook Altius 1.5% NSR Royalty covers the Expanded Silicon Project Excellent continuing discovery potential – Merlin maiden inferred resource at +12 Moz of oxide gold Resources continue to grow (25% increase announced in February 2025 to now more than 16 Moz bet
Slide 9: Silicon Gold District (1.5% NSR)
Silicon Gold District (1.5% NSR) Merlin Deposit Long Section TSX: ALS | OTCQX: ATUSF |9 Source: AGA Feb 19 2025 ‘Full Year 2024 Results’ presentation, can be found at: https://thevault.exchange/?get_group_doc=143/1739957070-YearEnd2024Presentation.pdf
Slide 10: Capital Structure
Capital Structure Other 1% Capitalization Table Gold 17% Issued Common Shares1 46,288,608 Potash Basic Market Capitalization1 $1.21 billion 28% Cash2 $15.9 million PG Equities2 $60 million Analyst LIORC (TSX:LIF) Equity1 $108 million Wind & Consensus LRC (TSX:LIRC) Equity2 $29 million Solar NAV1 Alt
Slide 11: Q&A
Q&A Renewable Power | Clean Steel | Potash | Copper | Lithium | Nickel | Cobalt