Altius Releases Inaugural Sustainability Report
TSX: ALS | OTCQX: ATUSF Altius Minerals Corporation
December 23, 2020 | St. John’s, Newfoundland
Altius Releases Inaugural Sustainability Report
Altius Minerals Corporation (ALS:TSX) (ATUSF: OTCQX) (“Altius” or the “Corporation”) is pleased to
report the release of its inaugural Sustainability Report, which will become an annual disclosure item. The
report includes the following introductory letter that is addressed to Altius’s many valued stakeholders:
Dear Altius Stakeholder,
We are delighted to provide you with our first formal sustainability report. Within this
you will discover the many ways in which Altius is a leader and innovator in terms of
its environmental, social and governance, or ESG, responsibilities.
While much has been said in recent times of the risk factors that poor ESG adherences
represent to investors and other stakeholders, which we generally concur with, we
also believe that strong ESG practices are a path to outsized long -term business
opportunities and growth.
Being a strong steward of the environment, respecting the rights and needs of the
people our operations touch and going the extra mile to ensure that our governance
policies and practices exceed the expectations of those whose investme nts we have
been given the privilege of overseeing, is not a box ticking exercise at Altius. It is our
culture, and it is good business.
Societal level ideals and capitalism are more aligned than ever before as evidenced
by the extraordinary migration o f investment flows towards asset managers and
businesses that preferentially invest with a focus on global sustainability best
practices, while increasingly shunning those that resist adaptations that science and
society believe are necessary to ensure we leave a positive legacy for future
generations.
Within Altius, our clearest example of this type of adaptation relates to our strategy to
reinvest the remaining proceeds from our phasing out coal power generation based
royalties into a new renewable energy royalty business. 2020 has been a pivotal year,
as our internal estimate of the value of the renewable royalties has eclipsed the
remaining value of the coal royalties. Renewables now represent a rapid growth area,
while coal is quickly becoming a “rearview mirror” component of our portfolio.
TSX: ALS | OTCQX: ATUSF Altius Minerals Corporation
Society is speaking loudly and clearly with its collective capital in saying it wants
change to happen now - if not yesterday. We believe that businesses that quickly
embrace these transitions as opportunities to innovate will prosper.
In the pages that follow you will hopefully come to understand that Altius means to be
part of the group that prospers and that it has been squarely positioning itself for some
time to do just that. We also understand that capturing the full opportunity that these
macro-trend transitions offer will require continuous innovation and adaptation.
To this goal, we welcome your feedback on the content of our inaugural sustainability
report as we continue to strive to develop Altius as the leading natural resource royalty
company – as defined by both its long -term sustainability record and its investment
returns profile.
Brian Dalton, President & CEO
The Sustainability Report is available on the Corporation’s website at www.altiusminerals.com, and will
be emailed to shareholders and ratings agencies.
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 elect ricity 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 41,464,462 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