Altius Minerals Corporation·Basic Materials

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TNR Gold Corp (TSX-V:TNR, FRA:TNW, OTC:TRRXF) said on Monday it has entered into a private placement agreement with Altius Resources, a wholly-owned subsidiary of Altius Minerals Corporation (TSX:ALS, OTCQX:ATUSF), for gross proceeds of approximately C$4.2 million. As part of the agreement, Altius Resources will subscribe for 23.5 million common shares of TNR Gold, representing about 9.9% of the company's outstanding shares on a post-issuance basis.

Vancouver, British Columbia--(Newsfile Corp. - April 6, 2026) - TNR Gold Corp. (TSXV: TNR) ("TNR", "TNR Gold" or the "Company") is pleased to announce that the Company plans to complete a private placement by Altius Resources Inc. ("Altius Resources"), a wholly-owned subsidiary of Altius Minerals Corporation (TSX: ALS; OTCQX: ATUSF) ("Altius") for gross aggregate proceeds of approximately CAN$4.2 million (the "Private Placement"). TNR and Altius Resources have entered into a subscription agreement dated April 2, 2026 (the "Subscription Agreement"), pursuant to which Altius Resources has agreed to subscribe for and take up 23,500,000 common shares in the capital of the Company (the "Offered Shares"), representing approximately 9.9% of TNR's issued and outstanding common shares ("TNR Shares") on a post-issuance basis, at an issue price per Offered Share equal to the 30-day VWAP of the Shares for the 30 trading days prior to the date of the Subscription Agreement, being CAN$0.1775 per TNR Share.

TNR Gold Corp (TSX-V:TNR, FRA:TNW, OTC:TRRXF) said on Monday it has entered into a private placement agreement with Altius Resources, a wholly-owned...

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Altius Minerals Corporation (ALS:CA) Q4 2025 Earnings Call Prepared Remarks Transcript
Altius Minerals Corporation operates as a diversified mining royalty and streaming company in Canada, the United States, and Brazil. The company owns royalty and streaming interests in 12 operating mines covering copper, zinc, nickel, cobalt, iron ore, precious metals, potash, and thermal and metallurgical coal. It is also involved in the acquisition and management of renewable energy investments and royalties, as well as early-stage royalties and minority equity or project interests. Altius Minerals Corporation was incorporated in 1997 and is headquartered in St. John's, Canada.
Basic Materials
Industrial Materials
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2006-09-08
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