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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 17, 2024 | St. John’s, Newfoundland

Altius Reports Voting Results From its May 17, 2024 Annual General Meeting

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

reports that all resolutions presented at its May 17, 2024 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 93% or higher. The voting participation rate was

69.6% and Altius thanks its shareholders and their intermediaries for another year of solid voter

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

ANNUAL GENERAL MEETING MAY 17, 2024 - REPORT OF VOTING RESULTS

RESOLUTION

FOR

WITHHELD/AGAINST

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

32,455,891 133,855 Approved (99.59%)

Election of the following directors:

Nicole Adshead-Bell 29,297,399 295,996 Elected (99.00%)

Teresa Conway 29,494,955 98,440 Elected (99.67%)

John Baker 28,499,064 1,094,331 Elected (96.30%)

Brian Dalton 29,483,992 109,403 Elected (99.63%)

Anna El Erian 27,573,395 2,020,000 Elected (93.17%)

André Gaumond 29,527,412 65,983 Elected (99.78%)

Roger Lace 29,510,505 82,890 Elected (99.72%)

Fred Mifflin 28,261,743 1,331,652 Elected (95.50%)

Jamie Strauss 29,092,148 501,247 Elected (98.31%)

Say on Pay

29,286,493

306,902

Approved (98.96%)

About Altius

TSX: ALS | OTCQX: ATUSF Altius Minerals Corporation

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, renewable 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 46,452,252 common shares issued and outstanding that are listed on Canada’s

Toronto Stock Exchange. It is included in each of the S&P/TSX Small Cap, the S&P/TSX Global Mining,

and the S&P/TSX Canadian Dividend Aristocrats 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