Mr. Ben Lewis reports

ALTIUS REPORTS Q2 2025 EXPECTED ATTRIBUTABLE ROYALTY REVENUE

Altius Minerals Corp. expects to release second quarter 2025 attributable royalty revenue of $12.7-million.

Base and battery metals (primarily copper) revenue of $4.7-million for the quarter reflects higher realized prices at Chapada offset by the timing of copper stream deliveries, as well as higher Voisey's Bay revenue.

The corporation's preliminary cost of sales on the Chapada copper stream, excluding any depletion, is $1.3-million for the quarter.

Potash portfolio revenue during the quarter was $4.1-million on higher realized prices offset by lower attributable volumes due to annual maintenance shutdowns at a number of the potash mines.

Iron ore royalty revenue in the form of dividends from Labrador Iron Ore Royalty Corp., which serves as a pass-through vehicle for royalty income and equity dividends related to the operations of Iron Ore Company of Canada, was $1.1-million for the quarter as a result of lower IOC dividends.

Renewable energy royalty revenue of $2.1-million reflects the continuing ramp-up of operational-stage portfolio projects.

Second quarter 2025 financial results conference call and webcast details

Additional details relating to individual royalty performances and asset-level developments will be provided with the release of the company's financial results, which will occur on Aug. 11, 2025, after the close of market, with a conference call to follow on Aug. 12, 2025.

Date:  Aug. 12, 2025

Time:  9 a.m. ET

Toll-free dial-in number:  1-800-717-1738

International dial-in number:  1-289-514-5100

Conference call title and ID:  Altius Minerals Q2 2025 financial results, ID 06104

A webcast will be available.

About Altius Minerals Corp.

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 sustainability-related global growth trends, including the electricity generation transition from fossil fuel to renewables, transportation electrification, reduced emissions from steelmaking and increasing agricultural yield requirements. These macrotrends each hold the potential to cause increased demand for many of Altius's commodity exposures including copper, renewable-based electricity, several key battery metals (lithium, nickel and cobalt), clean iron ore and potash. In addition, Altius runs a successful project generation business that originates mineral projects for sale to developers in exchange for equity positions and royalties. Altius has 46,315,304 common shares issued and outstanding that are listed on Canada's Toronto Stock Exchange. It is included in each of the S&P/TSX Small Cap, the S&P/TSX Global Mining and the S&P/TSX Canadian Dividend Aristocrats indices.

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