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Altius extends publisher’s bid for regular course

Altius extends publisher’s bid for regular course

Altius Minerals Corporation (ALS:TSX) (ATUSF:OTCQX) (“Altius” or the “Corporation”) is pleased to announce that it has extended its Normal Course Issuer Bid (“NCIB”), which allows it to purchase up to 1,865,313 common shares (“Shares”), representing approximately 4.01% of the 46,467,476 issued and outstanding common shares as of August 12, 2024, at market price through the facilities of the Toronto Stock Exchange (“TSX”) or a Canadian alternative trading system. The bid is subject to regulatory approval. The NCIB will commence on August 22, 2024 and will end no later than August 21, 2025. Any Shares purchased during the NCIB will be cancelled and returned to the Treasury.

The TSX rules permit Altius to purchase up to 16,351 shares under the NCIB on a daily basis, through TSX facilities, representing approximately 25% of the average daily trading volume (ADTV) of 65,406 shares in the preceding six calendar months prior to the offer.