Altius Minerals Scales Down Churchill Stake

Altius Minerals (TSE:ALS) has released an update.

Altius Minerals Corporation has sold 10 million shares of Churchill Resources Inc. for $500,000, reducing its stake from approximately 12.6% to 5.5% and ceasing to be a reporting insider. This transaction aligns with Altius’s ongoing business strategy of diversifying its royalty asset portfolio and capitalizing on sustainability-related growth trends. Altius remains focused on commodities such as copper and clean energy materials, contributing to global shifts in energy and agriculture.

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