Altius Minerals (TSE:ALS) has released an update.
Altius Minerals Corporation announced that the Alberta Court of Appeal upheld a previous decision dismissing its claim against the Alberta and Canadian governments for the alleged constructive taking of its Genesee mine royalty asset. The company is contemplating its next legal steps after the court ruled that their mineral royalty rights were not unjustly expropriated despite compensation being granted to the Genesee power plant operator. Altius expressed disappointment but respect for the legal process following the adverse judgment.
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