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Altius Completes Sale of 2/3 of its Silicon Gold 1.5% NSR to Franco-Nevada

1. Altius sold a 1% NSR royalty on Nevada's gold deposits to Franco-Nevada. 2. This transaction may strengthen Altius's financial position.

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FAQ

Why Bullish?

The sale improves cash flow and enhances Altius's market position. Historical data often shows positive price reactions to successful royalty transactions.

How important is it?

The sale of royalties can significantly impact revenue, leading to stock price adjustments. Royalty transactions typically signal positive outlook for mineral companies.

Why Short Term?

Investors may react quickly to royalty sale news, affecting stock price in the near term. Similar past transactions have led to immediate price increases.

Related Companies

FNVALS.TO
ST. JOHN'S, Newfoundland and Labrador--(BUSINESS WIRE)---- $ALS.TO #als--Altius Minerals Corporation (TSX: ALS) (OTCQX: ATUSF) Altius Minerals Corporation (“Altius”) is pleased to announce that Altius Royalty Corporation (“ARC”), a wholly-owned subsidiary of Altius, has completed the sale of a 1% NSR royalty covering the Silicon and Merlin gold deposit discoveries in Nevada (“1% NSR Silicon Royalty”) to a wholly owned subsidiary of Franco-Nevada Corporation (“Franco-Nevada”) (TSX & NYSE: FNV) (“The Transact.

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