20:51:08 EDT Thu 28 Mar 2024
Enter Symbol
or Name
USA
CA



Altius Minerals Corp
Symbol ALS
Shares Issued 32,356,826
Close 2015-05-05 C$ 12.69
Market Cap C$ 410,608,122
Recent Sedar Documents

Altius acquires 1.8 million Evrim shares

2015-05-05 21:39 ET - News Release

Mr. Chad Wells reports

ALTIUS ACQUIRES STAKE IN EVRIM RESOURCES CORP.

Altius Minerals Corp. has acquired control over 1.8 million common shares of Evrim Resources Corp., representing 4.77 per cent (on a non-diluted basis) of the outstanding common shares of Evrim. These 1.8 million common shares over which Altius acquired control are owned by Callinan Resources Corp., a wholly owned subsidiary of Altius, which was acquired by Altius on May 5, 2015, pursuant to a court-approved plan of arrangement under the Canada Business Corporations Act.

Prior to the arrangement, Altius had control over 4,117,875 common shares of Evrim, representing 10.90 per cent (on a non-diluted basis) of the outstanding common shares of Evrim. These 4,117,875 common shares of Evrim are owned by Altius Investments Ltd., a wholly owned subsidiary of Altius.

As a result of the acquisition of the additional 1.8 million common shares of Evrim, Altius now exercises control over 5,917,875 common shares of Evrim, representing 15.67 per cent of the outstanding shares of Evrim (on a non-diluted basis).

The Evrim common shares over which Altius exercises control will be held for investment purposes and may be sold, or additional securities of Evrim may be acquired, in the future as Altius considers appropriate in light of investment criteria, market conditions and other factors and in accordance with the provisions of applicable securities legislation.

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