Altius Reports Third Quarter Financial Results; Declares Quarterly Dividend

Altius Minerals Corporation (“Altius” or the “Corporation”) (TSX:ALS) reports attributable revenue(1) for the three months ended January 31, 2017 of $14,535,000 or $0.34 per share and adjusted EBITDA(2) of $11,262,000 or $0.26 per share compared to attributable revenue of $7,301,000 or $0.18 per share and adjusted EBITDA of $6,273,000 or $0.16 per share for the prior year comparable period. This represents a new quarterly attributable revenue record and is a 46% increase over the second quarter ended October 31, 2016 and 99% over last year’s comparable quarter ended January 31, 2016.
As quoted in the press release:

Year to date, the Corporation has recorded attributable revenue of $32,911,000 (2016 – $25,620,000) and adjusted EBITDA of $24,451,000 (2016 – $18,843,000).
The net loss for the quarter was $67,293,000, or $1.55 per share, compared to a net loss of $16,794,000, or $0.42 per share, for the comparable prior year quarter. The year to date net loss is $64,046,000 (2016 – $18,479,000).

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