Company Information for Altius Minerals Corp

TSX.V-ALS

www.altiusminerals.com

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TSX.V; ALS

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Company Statement

Altius is a natural resource project generation and royalty business based in the province of Newfoundland & Labrador.

The Company has approximately $200 million in total assets including $160+ million in cash, numerous quality projects, royalties and equity stakes. Fundamentally, our business has never been stronger.

Since inception in 1997, our business model and operating philosophy have consistently delivered increased value for shareholders of Altius through cyclical market conditions. The company has built a solid reputation around its percentage of successful mineral project generation initiatives that it intends to further build upon.

While the current market sentiment for the natural resources sector has turned bearish our Company is well prepared to embrace the opportunities of a down-cycle, for whatever period is necessary. Altius prospered through the last bear cycle because its business plan inherently preserves capital structure and manages risk.

Business Strategy
Altius' business model is simple and has been implemented as an effective means of managing risk. It involves a small team of people that conceptualize and innovate mineral resource related opportunities, invest in their initiation and development and, when successful, form businesses or partnerships around these opportunities. The model has worked well by allowing exposure to multiple opportunities while minimizing negative impacts to the capital structure of the company.

Altius has formed more than 40 exploration partnerships and joint ventures since its inception with select mining industry partners from around the globe. Currently, the Company's has 13 active mineral exploration partnerships covering prospective projects for gold, base metals, nickel, uranium, potash, and iron ore.

The Voisey's Bay royalty continues to distinguish Altius as a unique project generator with a long term royalty asset that ensures it consistent and sustainable cash flow for at least the next quarter century. Altius has from the time of the Voisey's Bay acquisition viewed this royalty income as a financing source that is more than sufficient to support its generative mineral exploration business model over the long term thereby eliminating equity dilution to shareholders.

Although, Altius' financial capability has grown considerably in its 10 years of business it remains committed to managing risk and exercising financial discipline. As a result, the company will continue to build upon its rock solid reputation and successful track record.

The constant challenge is to build and supply a pipeline of strong projects year over year that attract industry investors/partners who provide both financial resources to exploration programs and technical endorsement. While the scale and scope of attractive opportunities has increased our commitment to productive partnerships and relationships is stronger than ever.

Current Operations

LABRADOR NICKEL ROYALTY LIMITED PARTNERSHIP
Voisey's Bay Royalty
In 2007, Voisey's Bay generated in excess of $5 million in revenues for the Company.

Altius owns a 10% interest in the Labrador Nickel Royalty Limited Partnership (LNRLP), which owns a 3% net smelter return (NSR) royalty in the Voisey's Bay nickel district.

Altius' royalty entitles it to a share of revenues less certain costs incurred after concentrates leave the mine site for final processing. The costs of mining or onsite processing are not deducted from our share of revenues.
The acquisition of this royalty is strategic to Altius both from the perspective of its inherent attributes as well as the positive impact it will have on Altius' existing exploration business.

CENTRAL MINERAL BELT URANIUM - AURORA ENERGY
Altius maintains an underlying 2% gross uranium sales royalty and a 2% net smelter return royalty on base and precious metals that may be produced from Aurora's Central Mineral Belt ("CMB") projects in Labrador, Canada.

The royalty was created in June 2005 following 2 years of successful exploration in the CMB when Altius and its partner, Fronteer Development Group, restructured their exploration alliance as part of a longer-term business strategy to create a new pure uranium company - Aurora Energy Resources Inc. (TSX:AXU). The agreement structure and launch of Aurora effectively converted Altius property ownership into an equity stake in the new uranium company and an underlying royalty covering Aurora's Labrador properties. By October 2007 Altius had sold its entire equity stake in Aurora for gross proceeds in excess of $200 million, while still retaining its royalty position over the properties.

The Central Mineral Belt project generation initiative in early 2003 and the subsequent Aurora co-founding in 2005 is a testament to the success of Altius’s chosen business model.

FOUNDING EQUITY STAKES
Aurora Energy Resources
Rambler Metals & Mining Plc

MINERAL EXPLORATION JOINT VENTURES
South Tally Pond (Paragon)
Rocky Brook (Jnr Resources)
Taylor Brook (Northern Abitibi Mining)
Notakwanon Uranium (Golden Cross)
Nuiklavik Uranium (Golden Cross)
Alexis River Uranium (Monroe Minerals)
Viking Gold (Northern Abitibi Mining)
Topsails Uranium (Jnr Resources)
Kamistaitusset Iron Ore property (Norvista Resources)
St. George’s Potash (Sprott Resource Corp.)

ENERGY OPPORTUNITIES
Lower Churchill Hydro Royalty
Newfoundland & Labrador Refining Corporation
Albert Oil Shale

EXPLORATION ALLIANCES
Labrador Trough Alliance (Cornerstone Resources)

SEEKING PARTNERS
Natashquan PGE
Meshikamau Nickel

Geographical Spread

Newfoundland and Labrador (and New Brunswick)

Board of Directors and Key Management

Management & Directors
Brian F. Dalton	President & CEO
Roland W. Butler Jr.	Director, Vice-President
J. Geoffrey Thurlow	Director
John A. Baker	Director
Donald J. Warr	Director
Susan Sherk	Director
Fred Mifflin	Director
Ben Lewis	CFO
Chad S. Wells	VP Corporate Development and Corporate Secretary
Lawrence Winter	VP Exploration

Company Address

Suite 202, Kenmount Business Center, 66 Kenmount Road
St. John's, NL, A1B 3V7


Telephone:	+1 709-576-3440
Facsimile:	+1 709-576-3441
Email:	cwells[at]altiusminerals.com
Website:	http://www.altiusminerals.com

Additional Address/Key Contact

Mailing Address:
P.O. Box 8263, Station "A"
St. John's, NL
A1B 3N4 Canada
Tel: (709) 576-3440
Toll Free: 1-877-576-2209
Fax: (709) 576-3441

Website: http://www.altiusminerals.com

Capital

As of January 31, 2009
*Issued shares: 28,381,195
Options: 1,308,500
Fully Diluted: 29,689,695

Annual General Meeting

October

Year End

April 30

Most Recent Statement

26/06/09 - Altius Reports Annual Net Earnings of $28.5 Million
12/06/09 - Altius and Millrock Form Strategic Alliance
15/04/09 - Brent Cook's Exploration Insights - Prospect Generators Redux
06/03/09 - Altius Reports 3rd Quarter Net Earnings of $31.6 Million
12/01/09 - Altius Reports Final 2008 Iron Ore Drill Intercepts in Labrador - Highlights include 31.65% iron over 100.3 metres
17/12/08 - Altius Signs Exploration & Royalty Agreement on Labrador Iron Ore Properties With Kennecott

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