Altius Minerals completes C$181.5M bought deal public offering

On July 21, 2026, Altius Minerals Corporation (“Altius”) completed its bought deal public offering of 3,000,000 common shares at a price of C$60.50 per common share, for aggregate gross proceeds of C$181.5 million. The offering was conducted by a syndicate of underwriters, with National Bank Financial Inc., Scotia Capital Inc., and TD Securities Inc. acting as co-bookrunners, together with ATB Capital Markets Corp., Canaccord Genuity Corp., Raymond James Ltd., and BMO Capital Markets.

Altius, headquartered in St. John’s, Newfoundland and Labrador, is a mineral royalty company that acquires and manages royalties on mining and renewable energy projects, including copper, potash, battery metals, iron ore, and sustainability-focused assets in Canada and select international markets.

McCarthy Tétrault LLP advised Altius with a team led by Eva Bellissimo and Nancy Choi, that included Samantha Pettinato, Rachel Cristofoli, Sharon J. Kretchmar, Annie Poirier-Simard (Business Law), Erica M. Hennessey and Darren Chung (Tax).