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ALS.TO ·

Altius Reports a Change IN Fiscal Year End to December 31

Corporate Actions

Date:

News Release:

Ticker Symbol:

12-Oct-2017

18-17

ALS.TSX

Civic Address:

Altius Minerals Corporation

Suite 202, 66 Kenmount Road

St. John’s, NL, A1B 3V7, CANADA

Website: www.altiusminerals.com

Toll Free: 1.877.576.2209

Fax: 709.576.3441

e-mail: [email protected]

Mailing Address:

Altius Minerals Corporation

P.O. Box 8263 Stn “A”

St. John’s, NL, A1B 3N4, CANADA

ALTIUS REPORTS A CHANGE IN FISCAL YEAR END TO DECEMBER 31

St. John’s - Altius Minerals Corporation (“Altius” or the “Company”) (TSX:ALS), a base metals and bulk

commodities royalty company, today reports the change of its fiscal year-end to December 31 from its current

fiscal year-end of April 30.

This change will better align the Company's financial reporting periods to that of peer royalty and streaming

companies as well as diversified miners who operate the mines where Altius holds royalty and streaming

interests, and is a step toward facilitating better investor and analyst interaction and market assessment. The

change has received Board and lender approvals, and will be effective after a transitional fiscal year ending

December 31, 2017.

The Company will report the audited results for its eight-month transitional fiscal year (May 1, 2017 -

December 31, 2017) in March 2018. Thereafter, Altius will revert to a customary quarterly reporting calendar

based on a December 31st financial year-end, with fiscal quarters ending on the last day in March, June,

September and December each year.

At the beginning of calendar 2018, the Company will provide revised guidance parameters for the new 2018

financial year which will run from January 1, 2018 to December 31, 2018.

The notice for the change in fiscal year end required under National Instrument 51-102 – Continuous

Disclosure Obligations has been filed under the Company’s profile at www.sedar.com.

About Altius

Altius directly and indirectly holds diversified royalties and streams that generate revenue from 15 operating

mines. These are located in Canada and Brazil and produce copper, zinc, nickel, cobalt, iron ore, potash and

thermal (electrical) and metallurgical coal. The portfolio also includes numerous pre‐development stage royalties

covering a wide spectrum of mineral commodities and jurisdictions. In addition, Altius holds a large portfolio of

exploration stage projects which it has generated for deal making with industry partners that results in newly

created royalties and equity and minority interests.

Altius celebrated its 20th anniversary this fall and has 43,187,291 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 Chad Wells or Flora Wood at 1.877.576.2209 or

[email protected].