Altius Minerals Corporation · TSX:ALS
Altius Minerals — Q2 2025 Earnings Presentation
12 slides from Altius Minerals's earnings presentation, Aug 12, 2025
Slide 1: Q2 2025 Financial Results Conference Call
TSX: ALS | OTCQX: ATUSF Q2 2025 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: Q2 2025 and Outlook – Operating Portfolio
Q2 2025 and Outlook – Operating Portfolio Royalty revenue of $12.7M compares to $20.4M in Q2 2024, mainly impacted by lower attributable potash volumes and lower dividends from iron ore, along with $3.6M prior year investment income from settlement of the Adventus loan receivable as part of the Silv
Slide 4: Strong Balance Sheet at Q2 2025
Strong Balance Sheet at Q2 2025 Cash at June 30, 2025 of $11.1 million, public equities valued at $112M (excluding LIORC, which has a value of $106M); in July net cash proceeds of ~$360 million received following sale of 1% Silicon Royalty and closing of Triple Flag acquisition of Orogen Debt PG Equ
Slide 5: Adjusted Net Earnings – Q2 2025
Adjusted Net Earnings – Q2 2025 Adjusted net earnings of $1.6M or $0.03 per share after tax TSX: ALS | OTCQX: ATUSF |5
Slide 6: Positive Q2 Results in Project Generation
Positive Q2 Results in Project Generation Market value of portfolio at June 30, 2025 of $87 million, up $16 million from last quarter (mostly driven by Orogen market value). Net monetization of $300k during the quarter. In July 2025, Altius received combined cash and share consideration from the Tri
Slide 7: Silicon Royalty Investment
Silicon Royalty Investment Value Creation Crystallized – Continuing Growth Exposure Through Retained 0.5% Royalty The Silicon Gold project (and Altius’s original 1.5% royalty) was originated in 2014 as part of a generative exploration focused grubstake agreement between Renaissance Exploration and C
Slide 8: Silicon Gold District (0.5% NSR)
Silicon Gold District (0.5% NSR) 0.5% Retained Silicon NSR The Expanded Silicon Project (ESP) has the potential to increase substantially over the Looking South from Silicon Towards Merlin (Target 1) next few years from the current 16 Moz gold in Mineral Resources (summarized Merlin (Behind Ridge) b
Slide 9: AGA Published Resource vs. “In-Pit” Mineralized Footprint
AGA Published Resource vs. “In-Pit” Mineralized Footprint 0.5% Retained Silicon NSR Classified Resources Mineralization Footprint Concept-stage Pit Altius notes that the mineralization footprint reported by AGA for the Merlin deposit appears significantly outline more expansive than the footprint of
Slide 10: Current Resources + Expansion Potential
Expansion/Exploration Upside Current Resources + Expansion Potential Classified Resources Mineralization Footprint In addition to the potential for increased resources within the current pit outlines, Altius believes that excellent Concept-stage potential exists for further expansion of mineralizati
Slide 11: Capital Structure
Capital Structure Dividend per Share ($C/share) Capitalization Table $0.38 $0.36 Issued Common Shares1 46,315,304 $0.32 Basic Market Capitalization1 $1.4 billion $0.30 Cash2 $11.1 million PG Equities2 $87 million $0.22 $0.20 LIORC (TSX:LIF) Equity2 $106 million $0.19 $0.19 LRC (TSX:LIRC) Equity2 $25
Slide 12: Q&A
Q&A Renewable Power | Clean Steel | Potash | Copper | Lithium | Nickel | Cobalt