Altius Minerals Corporation · TSX:ALS
Altius Minerals — Q3 2024 Earnings Presentation
9 slides from Altius Minerals's earnings presentation, Nov 8, 2024
Slide 1: Q3 2024 Financial Results Conference Call
TSX: ALS | OTCQX: ATUSF Q3 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- Forward-looking statements speak only as of the date those statements looking statements” and “forward-looking information” within the are made. Except as required by applicable law, Altius does not assume
Slide 3: Strong Balance Sheet at Q3 2024
Strong Balance Sheet at Q3 2024 Cash at September 30, 2024 of $25.6 million (excluding cash held by ARR), public equities valued at $87M (excluding ARR and LIORC, which have a value of $232M and $120M respectively) Debt PG Equities LRC Cash $140M $120M $100M $80M $60M $40M $20M - 2017 2018 2019 2020
Slide 4: Adjusted Net Earnings – Q3 2024
Adjusted Net Earnings – Q3 2024 Adjusted net earnings of $2.6M or $0.05 per share after tax Increase Decrease Total TSX: ALS | OTCQX: ATUSF |4
Slide 5: ARR Take-Private Plan of Arrangement
ARR Take-Private Plan of Arrangement Terms and Conditions Compelling Value for Shareholders in a Transaction with Potential Low Deal Risk Altius Renewable Royalties public share float to be acquired by Northampton Capital Partners or one of its affiliates (“Northampton”) Special Committee has receiv
Slide 6: Positive Q3 Results in Project Generation
Positive Q3 Results in Project Generation Market value of portfolio at September 30, 2024 of $65 million. Net investment proceeds of $6.5 million during the quarter (YTD $18.0M) Silvercorp acquisition of Adventus completed on July 31, 2024 for $0.50/ share, valuing the company at ~$200M fully dilute
Slide 7: Q3 2024 and Outlook – Operating Portfolio
Q3 2024 and Outlook – Operating Portfolio Royalty revenue of $16.6M in Q3 was lower than $17.8M in Q3 2023 mainly on lower potash prices, lower coal revenue due to the closure of the Genesee mine and lower dividends from iron ore. These decreases were partially offset by higher base metal prices and
Slide 8: Silicon Project: Merlin PFS underway
Silicon Project: Merlin PFS underway 1.5% NSR Royalty Source: Anglogold Ashanti Q3 2024 Earnings Results Conference call presentation, https://thevault.exchange/?get_group_doc=143/1730973223-Q32024ResultspresentationFINAL.pdf TSX: ALS | OTCQX: ATUSF |8
Slide 9: Capital Structure
Capital Structure Other Gold 2% Capitalization Table 14% Issued Common Shares1 46,479,865 Potash Basic Market Capitalization1 $1.24 billion 30% Cash2, 3 $26 million PG Equities2 $65 million “Consensus” Renewables LIORC (TSX:LIF) Equity1 $122 million 19% NAV LRC (TSX:LIRC) Equity2 $32 million Breakdo