Altius Reports Q1 F2018 Revenue of $15.4M; Declares Quarterly Dividend

Altius Minerals Corp.

ST. JOHN'S, NEWFOUNDLAND AND LABRADOR--(Marketwired - Sept. 14, 2017) - Altius Minerals Corporation (TSX:ALS) ("Altius" or the "Corporation") reports Q1 attributable revenue(1) of $15,363,000 compared to $13,453,000 in the last quarter (Q4 F2017) and $8,410,000 in the year-ago quarter (Q1 F2017). Adjusted EBITDA(2) of $12,624,000 in the quarter is up 23% from Q4 2017 levels of $10,260,000 and almost double its year-ago comparable level of $6,403,000. Net earnings for the quarter were $4,492,000, or $0.10 per share, compared to a loss of $0.02 per share in Q4 F2017 and net earnings of $3,038,000, or $0.07 per share, in the prior year's quarter.