Altius Re-Establishes Normal Course Issuer Bid

ST. JOHN'S, NEWFOUNDLAND AND LABRADOR--(Marketwired - Aug. 18, 2017) - Altius Minerals Corporation (TSX:ALS) ("Altius") is pleased to announce that it has renewed its Normal Course Issuer Bid ("NCIB") and it may purchase at market price up to 2,038,535 common shares ("Shares"), being approximately 4.7% of its outstanding Shares of 43,208,291 as of August 11, 2017, by way of a normal course issuer bid ("NCIB") through the facilities of the Toronto Stock Exchange ("TSX"). The NCIB will commence August 22, 2017 and will end no later than August 21, 2018. Any Shares purchased during the NCIB will be cancelled and returned to treasury.