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Altius Provides 4th Quarter 2025 Project Generation Update

Corporate Updates

TSX: ALS | OTCQX: ATUSF Altius Minerals Corporation

January 8, 2025 | St. John’s, Newfoundland

Altius Provides 4th Quarter 2025 Project Generation Update

Altius Minerals Corporation ( ALS:TSX) ( ATUSF: OTCQX ) (“Altius”) is pleased to update its Project

Generation (“PG”) business activities and its public junior equities portfolio.

The market value of equities in the portfolio at December 31, 2025 was $49.3 million, compared to $ 44.0

million at September 30, 2025. Net portfolio investment of approximately $1.3 million was completed during

the quarter.

Altius participated in the financing of new private company Centauri Minerals , added to its position in

Perseverance Metals Inc. (TSX:V:PMI) and received shares of Altitude Minerals Ltd (ASX: ATT) as

consideration for the previously announced vending of the Firenze gold project in Nevada . Altius has

retained a 1.5% NSR royalty on the Firenze project, subject to a 0.5% buydown right . Altius also received

shares in Eminent Gold Corp. (TSX-V: EMNT) related to a prior period sale of the Celts project. Both the

Firenze and Celts projects were generated from Altius’s ongoing exploration alliance with Orogen

Royalties Inc. (TSX-V: OGN).

An updated list of the public equity holdings on which we hold royalties has been posted to the Altius website

at https://altiusminerals.com/investor-information/junior-equities-portfolio/.

Portfolio Highlights

Altius anticipates another busy exploration year on projects where it has a royalty interest and/or significant

equity position in the operator, with more than 75,000 metres of planned , discovery -oriented drilling

announced by its various portfolio companies. This is in addition to significant amounts of planned drilling

at operating and development stage royalty projects.

As part of its project generation investment mandate, Altius continues to evaluate potential exploration

alliances and junior equity investment opportunities that support royalty creation across multiple

jurisdictions.

Qualified Person

Lawrence Winter, Ph.D., P.Geo., Vice President, Generative and Technical for Altius, a Qualified Person

as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects, is responsible for

the scientific and technical data presented herein and has reviewed, prepared and approved this release.

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, 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 46,285,577 common shares issued and outstanding that are listed on Canada’s

TSX: ALS | OTCQX: ATUSF Altius Minerals Corporation

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:

Lawrence Winter

Email: [email protected]

Tel: 1.877.576.2209

Flora Wood

Email: [email protected]

Tel: 1.877.576.2209

Direct: 1.416.346.9020