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Altius Minerals Corporation (TSX: ALS; OTCQX: ATUSF) (“Altius” or the “Corporation”) reports that all resolutions presented at its

Marketing Announcement

TSX: ALS | OTCQX: ATUSF Altius Minerals Corporation

May 12, 2021 | St. John’s, Newfoundland

Altius Reports Voting Results From May 12, 2021 Annual General Meeting

Altius Minerals Corporation (TSX: ALS; OTCQX: ATUSF) (“Altius” or the “Corporation”)

reports that all resolutions presented at its May 12, 2021 Annual General Meeting were

approved by shareholders, including the election of directors Nicole Adshead-Bell, Teresa

Conway, John Baker, Brian Dalton, Anna El Erian, André Gaumond, Roger Lace, Fred Mifflin,

and Jamie Strauss all with votes in favour at 98% or higher. The voting participation rate was

56% and Altius thanks its shareholders and their intermediaries for another solid voter turn-out.

Detailed results of the election of directors and meeting resolutions are as follows:

ANNUAL GENERAL MEETING MAY 12,2021 - REPORT OF VOTING RESULTS

RESOLUTION

FOR

WITHHELD

RESULT

Appointment of Deloitte LLP, St.

John’s, NL as Auditors of the

Corporation for the ensuing year

and authorizing the Directors to fix

their remuneration

23,129,485 104,203 Approved (99.55%)

Election of the following directors:

Nicole Adshead-Bell 19,679,695 196,701 Elected (99.01%)

Teresa Conway 19,813,824 62,572 Elected (99.69%)

John Baker 19,701,344 175,052 Elected (99.12%)

Brian Dalton 19,383,109 38,287 Elected (99.81%)

Anna El Erian 19,656,144 220,252 Elected (98.89%)

André Gaumond 19,838,832 37,564 Elected (99.81%)

Roger Lace 19,816,697 59,699 Elected (99.70%)

Fred Mifflin 19,657,457 218,939 Elected (98.90%)

Jamie Strauss 19,589,186 287,210 Elected (98.56%)

Say on Pay

FOR

19,339,424

AGAINST

536,970

RESULT

Approved (97.30%)

TSX: ALS | OTCQX: ATUSF Altius Minerals Corporation

About Altius

Altius’s strategy is to create per share growth through a diversified portfolio of royalty assets that relate to

long life, high margin operations. This strategy further provides shareholders with exposures that are well

aligned with sustainability -related global growth trends including the electricity generation transition from

fossil fuel to renewables, transportation electrification, reduced emissions from steelmaking and increasing

agricultural yield requirements. These macro-trends each hold the potential to cause increased demand for

many of Altius’s commodity exposures including copper, re newable based electricity, several key battery

metals (lithium, nickel and cobalt), clean iron ore, and potash. In addition, Altius runs a successful Project

Generation business that originates mineral projects for sale to developers in exchange for equity positions

and royalties. Altius has 41,457,706 common shares issued and outstanding that are listed on Canada’s

Toronto Stock Exchange. It is a member of both the S&P/TSX Small Cap and S&P/TSX Global Mining

Indices.

For further information, please contact:

Flora Wood

Email: [email protected]

Tel: 1.877.576.2209

Direct: +1(416)346.9020

Ben Lewis

Email: [email protected]

Tel: 1.877.576.2209