Sokol Altius

Altius Provides 2nd Quarter 2021 Project Generation Update

Retrieved on: 
Wednesday, July 7, 2021

Altius Minerals Corporation (ALS:TSX) (ATUSF: OTCQX) (Altius or the Corporation) is pleased to update its Project Generation (PG) business activities and its public junior equities portfolio.

Key Points: 
  • Altius Minerals Corporation (ALS:TSX) (ATUSF: OTCQX) (Altius or the Corporation) is pleased to update its Project Generation (PG) business activities and its public junior equities portfolio.
  • The market value of equities in the portfolio at June 30, 2021 was approximately $64.5 million, compared to $54.2 million at March 31, 2021.
  • Altius PG equity companies have raised more than $150 million from the beginning of 2020 to the end of Q1 2021.
  • A feasibility study for El Domo is expected to be completed in the fourth quarter of 2021.

TRU Precious Metals Closes Option Agreement with Subsidiary of Altius Minerals to Purchase Golden Rose Project

Retrieved on: 
Wednesday, May 12, 2021

b'Fredericton, New Brunswick--(Newsfile Corp. - May 12, 2021) - TRU Precious Metals Corp. (TSXV: TRU) (OTCQB: TRUIF) ("TRU" or the "Company") is pleased to announce that it has closed the option agreement dated February 23, 2021 (the "Option Agreement") with a subsidiary of TSX-listed Altius Minerals Corporation (TSX: ALS) ("Altius") to purchase Altius\' Golden Rose Project (as defined below).

Key Points: 
  • b'Fredericton, New Brunswick--(Newsfile Corp. - May 12, 2021) - TRU Precious Metals Corp. (TSXV: TRU) (OTCQB: TRUIF) ("TRU" or the "Company") is pleased to announce that it has closed the option agreement dated February 23, 2021 (the "Option Agreement") with a subsidiary of TSX-listed Altius Minerals Corporation (TSX: ALS) ("Altius") to purchase Altius\' Golden Rose Project (as defined below).
  • Our partnership to explore and develop the Golden Rose Project is an integral component of TRU\'s growth trajectory.
  • Altius has also assigned an existing option agreement (the "Rose Gold Agreement", and together with the Option Agreement, collectively, the "Transaction") under which Shawn Rose (the "Rose Optionor") has granted the exclusive right and option to acquire, subject to retention by the Rose Optionor of a royalty, his 100% interest in certain surrounding mineral claims known as the Rose Gold claims (the "Rose Gold Claims").
  • Collectively, the Altius Claims and the Rose Gold Claims are called the "Golden Rose Project".\nIn order to acquire a 100% interest in the Golden Rose Project, the Company must issue such number of common shares in the capital of TRU ("TRU Shares") as set forth below, and fund a total of $3,000,000 in exploration expenditures:\n'

TRU Precious Metals Provides Update on Transaction with Altius Minerals Subsidiary

Retrieved on: 
Tuesday, February 2, 2021

Fredericton, New Brunswick--(Newsfile Corp. - February 2, 2021) - TRU Precious Metals Corp. (TSXV: TRU) (OTC: TRUIF) ("TRU" or the "Company") wishes to provide an update to the previously announced binding term sheet dated January 6, 2021, entered into with a subsidiary of TSX-listed Altius Minerals Corporation ("Altius"), for the option (the "Option") to purchase Altius' Golden Rose project (the "Golden Rose Project") located in the southwestern portion of the Central Newfoundland Gold Belt (the "Transaction").

Key Points: 
  • Fredericton, New Brunswick--(Newsfile Corp. - February 2, 2021) - TRU Precious Metals Corp. (TSXV: TRU) (OTC: TRUIF) ("TRU" or the "Company") wishes to provide an update to the previously announced binding term sheet dated January 6, 2021, entered into with a subsidiary of TSX-listed Altius Minerals Corporation ("Altius"), for the option (the "Option") to purchase Altius' Golden Rose project (the "Golden Rose Project") located in the southwestern portion of the Central Newfoundland Gold Belt (the "Transaction").
  • Following the trading halt, the Company will also take the necessary steps to resume trading of the TRU Shares on the OTCQB Venture Market.
  • In connection with the Change of Business, Altius and TRU have commissioned an independent geological report on the Golden Rose Project (the "Geological Report"), which is currently being prepared.
  • The Transaction is an Arm's Length Transaction (as such term is defined in Exchange Policy 1.1).

TRU Precious Metals Signs Binding Term Sheet with Altius Minerals Subsidiary for Option to Purchase Golden Rose Project

Retrieved on: 
Thursday, January 7, 2021

Fredericton, New Brunswick--(Newsfile Corp. - January 7, 2021) - TRU Precious Metals Corp. (TSXV: TRU); (OTCQB: TRUIF) ("TRU" or the "Company") is pleased to announce that it has entered into a binding term sheet with a subsidiary of TSX-listed Altius Minerals Corporation (TSX: ALS) ("Altius") for the option (the "Option") to purchase Altius' Golden Rose project located in the southwestern portion of the Central Newfoundland Gold Belt (the "Golden Rose Project").

Key Points: 
  • Fredericton, New Brunswick--(Newsfile Corp. - January 7, 2021) - TRU Precious Metals Corp. (TSXV: TRU); (OTCQB: TRUIF) ("TRU" or the "Company") is pleased to announce that it has entered into a binding term sheet with a subsidiary of TSX-listed Altius Minerals Corporation (TSX: ALS) ("Altius") for the option (the "Option") to purchase Altius' Golden Rose project located in the southwestern portion of the Central Newfoundland Gold Belt (the "Golden Rose Project").
  • TRU Co-Founder and CEO Joel Freudman commented: "We are thrilled to be partnering with Altius to explore and develop the Golden Rose Project.
  • It is located between Marathon Gold Corp.'s ("Marathon") Valentine Gold Project to the northeast, where Marathon has reported 3.09 million ounces (Moz.)
  • The Valentine Lake structural corridor transects the full length of the Golden Rose Project, hosting over 45 km of prospective strike-length for Au mineralization.