Capital Structure

Financial discipline and protection of capital structure are enduring hallmarks of Altius business plan and serves as the platform for its continued growth. Altius balances its capital allocation between debt repayment, shareholder capital returns (via dividends or share buybacks), direct royalty acquisition opportunities and low cost exploration initiatives.

Officers and directors of the company hold approximately 6.3% of the issued and outstanding shares (as of March 2020), providing powerful incentive to those at the helm to continue to enhance the shareholder value of the business. The Company also has a continual Normal Course Issuer Bid ("NCIB").

Market Facts As of May 11, 2020
Common Shares Issued/Outstanding 41,810,296
Fairfax Preferred Shares 10,000,000
Options 739,358
Warrants (@$14) 400,000
Fairfax warrants (@$15) 6,670,000
Fully Diluted 49,619,654
Annual Dividend $0.20 per share
Total Debt $155 million
Insider Ownership 6.3%
Cusip # 020936