Altius Files Management Information Circular including Conference Call and Webcast Options for Annual & Special Meeting Participation
Date:
Ticker Symbol:
9-Apr-2020
ALS.TSX
Civic Address:
Altius Minerals Corporation
2nd Floor, 38 Duffy Place
St. John’s, NL, A1B 4M5, 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 Files Management Information Circular including Conference Call and Webcast Options
for Annual & Special Meeting Participation
St. John’s - Altius Minerals Corporation (“Altius”) ( ALS:TSX, AT USF: OTC QX) wishes to update its shareholders with
respect to accommodations for webcast and conference call participation in the upcoming May 12, 2020 Annual and Special
Meeting (the “Meeting”).
The Meeting will be held at Altius’s offices in St John’s, Newfoundland at 1 pm N L time on Tuesday, May 12, 2020 but is
subject to federal and provincial regulations during COVID-19. We have this year scheduled an audio conference call (with
open question and answer session) and an audio webcast with an investor presentation. Shareholders are urged to vote by
proxy in advance of the Meeting, with various voting methods spelled out in the material that has been mailed and filed to
SEDAR.
As disclosed in the Compensation Summary section of the Management Information Circular, stock option grants are
awarded to executive officers and employees annually in relation to performance against objectives set for the year. The
grant of such options was made on March 27, 2020. The Corporation reports that its compensation committee and board
have agreed to a request from the CEO and Executive Chairman to increase the exercise price of stock options that they
received at such time to $10.79 per share from $7.39 per share. The exercise price was originally determined by the volume
weighted average price over the 5 days following the end of the trading blackout period that related to the release of the
Corporation’s 2019 year -end financial results. These grants were made, calculated and priced in accordance with the
Corporation’s long-term incentive plan as approved by shareholders and consistently applied each year. Nevertheless, in
appreciation of the share price decline that all shareholders have suffered recently, the CEO and Executive Chairman
requested that the exercise price of their long-term incentive options be increased to equal that of the Corporation’s closing
share price on February 20, 2020, being the date immediately before major north American equity markets began to decline
rapidly on COVID-19 related economic concerns.
About Altius
Altius’s strategy is to create per share growth through a diversified portfolio of royalty assets that relate to long life, h igh
margin operations. This strategy further provides shareholders with exposures that are well aligned with sustainabi lity-
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 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. Altius has 41,8 04,196
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 Ben Lewis ([email protected]) or
Flora Wood ([email protected]) at 1.877.576.2209