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 5.3% of the issued and outstanding shares, as of December 2021. We have repurchased shares on a yearly basis under our Normal Course Issuer Bid ("NCIB"). In 2021, we purchased and canceled approximately 268,000 shares.