Altius Renews Normal Course Issuer Bid

Altius Minerals Corporation Corporation announced the renewal of its Normal Course Issuer Bid (NCIB), allowing it to purchase up to 587,482 common shares, approximately 1% of its 58,748,220 outstanding shares, through the Toronto Stock Exchange or alternative Canadian trading systems. The bid is subject to regulatory approval, will commence on August 22, 2026, and end no later than August 21, 2027. Purchased shares will be cancelled. The company cited that its shares are undervalued relative to its anticipated cash flows and asset values. Under the previous NCIB, Altius purchased 249,800 shares at a weighted average price of $42.30 per share. Altius has maintained an active NCIB program annually since 2010.