Altius Minerals Corporation Files Early Warning Report

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Postmedia has not reviewed the content. by Business Wire Altius Minerals Corporation Files Early Warning ReportAuthor of the article:THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.SUBSCRIBE TO UNLOCK MORE ARTICLESSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.REGISTER / SIGN IN TO UNLOCK MORE ARTICLESCreate an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountNOT FOR DISSEMINATION IN THE UNITED STATES OR TO UNITED STATES NEWSWIRE SERVICESST. JOHN’S, Newfoundland and Labrador — Altius Minerals Corporation (ALS:TSX) (ATUSF: OTCQX) (“Altius” or the “Corporation”) announces today that it has filed an early warning report with respect to previously acquired common shares of TNR Gold Corp. (“TNR”). As disclosed in the news release of TNR dated July 22, 2026, Altius (through its subsidiary, Altius Resources Inc.) acquired an additional 7,437,500 common shares of TNR on July 17, 2026 at a price of C$0.23 per common share through the facilities of the TSX Venture Exchange, for an aggregate purchase price of C$1,710,625 (the “TSXV Acquisition”).This advertisement has not loaded yet, but your article continues below.Immediately prior to the TSXV Acquisition, Altius beneficially owned and controlled 23,500,000 common shares of TNR, representing approximately 9.8% of the issued and outstanding common shares of TNR on a non-diluted basis as of such date. Following the completion of the TSXV Acquisition, Altius beneficially owned and controlled 30,937,500 common shares of TNR, representing approximately 12.7% of the issued and outstanding common shares of TNR on a non-diluted basis as of the date hereof.Get the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againAltius acquired all such common shares of TNR in the ordinary course of business and for investment purposes. On October 5, 2026, Altius received a response to a non-binding proposal it had presented to TNR regarding the potential acquisition of all common shares of TNR that Altius did not already own (the “Non-Binding Proposal”), pursuant to which it has entered into an exclusivity arrangement with TNR in connection with the Non-Binding Proposal. No decisions have been made with respect to any definitive transaction contemplated by the Non-Binding Proposal, there can be no assurance that any binding offer will be made to TNR, that any definitive transaction will result from the Non-Binding Proposal, that the transaction contemplated by the Non-Binding Proposal or any other similar transaction will be approved or consummated, or as to the timing, structure or terms of any potential transaction.Altius will continue to monitor the business, prospects and financial condition of TNR, and depending on its evaluation of these and other factors Altius may from time to time in the future increase or decrease its direct or indirect ownership, control or direction over securities of TNR through market transactions, private agreements, subscriptions from treasury or otherwise, or may in the future develop plans or intentions relating to any of the other actions listed in (a) through (k) of Form 62-103F1 – Required Disclosure Under the Early Warning Requirements.For the purposes of this news release and the early warning disclosure herein, the number and percentages of common shares of TNR beneficially owned or controlled by Altius are calculated based on there being (i) 238,881,780 common shares of TNR issued and outstanding as of July 17, 2026; and (ii) 244,081,780 common shares of TNR issued and outstanding as of the date hereof.This news release is being issued pursuant to National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues. An early warning report will be filed on SEDAR+ ( www.sedarplus.ca) under TNR’s issuer profile. Persons who wish to obtain a copy of the early warning report to be filed by Altius in connection with this transaction may obtain a copy of such report from www.sedarplus.ca or by contacting Flora Wood, VP Investor Relations & Sustainability & Corporate Secretary, Altius at Fwood@altiusminerals.com or 1.877.576.2209.This advertisement has not loaded yet, but your article continues below.TNR’s head office is located at 789 West Pender Street, Suite 1120, Vancouver, British Columbia, V6C 1H2. Altius’ head office is located at 38 Duffy Place, 2nd Floor, St. John’s, Newfoundland, A1B 4M5. Altius is a corporation existing under the laws of Alberta.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 global growth trends including increasing electricity-based market share within energy usage, global infrastructure build and refurbishment growth, increased EAF based steelmaking, steadily increasing agricultural fertilizer requirements and the enhanced appetite for financial asset diversification through precious metals ownership. These macro-trends each hold the potential to cause higher demand for many of Altius’s commodity exposures including potash, high purity iron ore, electricity, base metals, and gold. In addition, Altius runs a successful Project Generation business that originates mineral projects for sale to developers in exchange for royalties and that has a demonstrated track record of driving outsized direct returns from its overall royalty investment portfolio. Altius has 58,754,253 common shares issued and outstanding that are listed on Canada’s Toronto Stock Exchange. It is a member of the S&P/TSX Composite and S&P/TSX Global Mining Indices and the S&P/TSX Canadian Dividend Aristocrats Index and the FTSE Global Small Cap Index.View source version on businesswire.com: For further information, please contact:This advertisement has not loaded yet.Notice for the Postmedia NetworkThis website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.