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Altius Provides 1st Quarter 2026 Project Generation Update

Altius Minerals Corporation (ALS:TSX) (ATUSF: OTCQX) (“Altius”) is pleased to upd...

articleOrogen Royalties IncorporationApril 15, 20263/news/altius-provides-1st-quarter-2026-project-generation-update-1
Altius Provides 1st Quarter 2026 Project Generation Update

About this update from Orogen Royalties Incorporation

Altius Provides 1st Quarter 2026 Project Generation Update .bwalignc { text-align: center; list-style-position: inside } Altius Minerals Corporation (ALS:TSX) (ATUSF: OTCQX) (“Altius”) is pleased to update its Project Generation (“PG”) business activities and its junior equities portfolio. The market value of equities in the portfolio at March 31, 2026 was approximately $70.0 million, compared to $49.3 million at December 31, 2025. Net portfolio investment of approximately $0.6 million was completed during the quarter. During the quarter Altius participated in equity financings closed by three of its existing portfolio companies, namely High Tide Resources (CSE: HTRC), Perseverance Metals Inc. (TSXV: PMI) and private company Sun Valley Minerals. An updated list of the public equity holdings has been posted to the Altius website at https://altiusminerals.com/investor-information/junior-equities-portfolio/ . Portfolio Highlights Altius's PG business entered into a subscription agreement for a $4.2 million equity investment in TNR Gold Corp . (TSXV: TNR) ("TNR"), which agreement remains subject to TSXV approval. The private placement agreement is for 23,500,000 common shares of TNR, which represents approximately 9.9% of TNR’s issued and outstanding common shares on a post-issuance basis, at a price of $0.1775 per TNR share (equals the 30-day VWAP of the TNR shares prior to the agreement date). TNR holds a 1.5% NSR on the Mariana Lithium project (of which 1% is subject to a royalty buyback by operator Ganfeng Lithium Co. Ltd.) and a 0.35% NSR on McEwen Copper Inc.'s Los Azules copper project, both of which are in Argentina. The investment by Altius will provide a right of first offer on these two existing royalties. Blue Moon Metals Inc. (TSXV: MOON) ("Blue Moon") announced the acquisition of the past producing germanium, gallium and copper Apex Mine located in Utah from a subsidiary of Teck Resources Limited. Subsequent to the announcement of that acquisition Blue Moon also announced an agreement to acquire the Gage Project in Southern Utah, adding to the land position around the Apex mine. Orogen Royalties Inc. (TSXV: OGN) ("Orogen") reported record total revenue of $13.1 million in 2025, up 32% year over year, mainly from increased Ermitaño royalty revenue, along with $3.0 million in project generation revenue. Orog...

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