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St. John�s � Altius Minerals Corporation (�Altius�) announces that it will purchase at market price up to 2,415,496 common shares being approximately 10% of its public float of 24,154,968 as of November 25, 2008, by way of a normal course issuer bid through the facilities of the Toronto Stock Exchange (TSX). As of November 25, 2008 there are 30,960,725 common shares issued and outstanding.   The bid is subject to regulatory approval. The bid will commence December 1, 2008 and end no later than November 30, 2009. Any shares purchased during the normal course issuer bid will be cancelled and returned to treasury.   The TSX rules permit Altius to purchase daily, through TSX facilities, a maximum of approximately 44,518 common shares under the Company�s repurchase program.

During the previous 12 months, Altius purchased 2,675,730 shares at a weighted average price of $5.93 through a normal course issuer bid, of which 2,623,030 shares are in the process of being cancelled and returned to treasury. This will result in there being 28,337,695 common shares outstanding following the cancellation.

The reason for the bid is that, in the opinion of the board of directors, the value of Altius, based on anticipated cash flows and underlying asset values, is greater than the present aggregate market price of the common shares and accordingly, the acquisition of common shares under the bid represents an appropriate use of funds.

For further information regarding this news release please contact Chad Wells.   

 

 

 

 

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Tel: (709) 576-3440 Toll Free: 1-877-576-2209 Fax: (709) 576-3441 Email: info@altiusminerals.com
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Altius Minerals Corporation
PRODUCTEUR
CODE : ALS.TO
CUSIP : 020936
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Présentations des Compagnies de Altius Minerals Corporation
11/10/2007Positive Provincial EIS Decision Clears Highest Hurdle en Ro...
Dans les médias de Altius Minerals Corporation
10/12/2009BRIEF-Altius Minerals Q2 results
14/03/2007Attractive Risk Reward Proposition: Exceptional Upside Poten...
Rapports annuels de Altius Minerals Corporation
2008 Annual report
2007 Annual report
Financements de Altius Minerals Corporation
22/10/2007TO RAISE C$50 MILLION IN BOUGHT DEAL FINANCING
Rapports Financiers de Altius Minerals Corporation
18/03/2013(TSX:ALS) Reports Third Quarter Net Loss of $3,627,000
12/12/2012(TSX:ALS) Reports Second Quarter Net Loss of $2,885,000
12/09/2012(TSX:ALS) Reports First Quarter Net Loss of $2,857,000
28/06/20122012 Financial Results - year end
08/03/2012(TSX:ALS) Reports Third Quarter Net Earnings of $2,461,000
14/12/2011(TSX:ALS) Reports Second Quarter Net Loss of $2,868,000
30/09/2011(TSX:ALS) Reports First Quarter Net Loss of $1,588,000
10/12/2010(TSX:ALS) Reports Second Quarter Net Earnings of $2,063,000
17/03/20103rd Quarter Financial Results
10/12/2009Second Quarter Financial Results
10/09/2009Reports First Quarter Net Loss of $597,000
12/12/2008Reports Second Quarter Net Loss of $2 Million
14/09/2007Reports First Quarter Net Earnings of $15.7 million
Projets de Altius Minerals Corporation
06/12/2008(Kamistaitusset)Reports Additional Iron Ore Drill Intercepts From Labrador -...
30/10/2008(Kamistaitusset)Reports Iron Ore Drill Intercepts in Labrador - Highlights i...
23/06/2008(Kamistaitusset)and Norvista Sign Labrador Iron Ore Agreement - Drilling Pro...
28/04/2008(Kamistaitusset)LABRADOR IRON ORE EXPLORATION COMMENCES
20/03/2007(Taylor Brook - Plateau Nickel)SIGNS NEW EXPLORATION AGREEMENT FOR TAYLOR BROOK NICKEL PROP...
Communiqués de Presse de Altius Minerals Corporation
28/03/2013Renews Normal Course Issuer Bid and Continues Automatic Repu...
06/11/2012Expands Project Generation Exploration Business to Chile
01/11/2012Reports on 2012 AGM Results
14/03/2011(TSX:ALS) Reports Third Quarter Net Earnings of $69,368,000
03/11/2010Altius Partners with Cranberry Capital to Create New Company
28/10/2010REPORTS ON 2010 AGM RESULTS - Jamie Strauss Joins Board
29/06/2010Annual Net Earnings of $21 Million
23/06/2010Early Warning Report Filed in Respect of Millrock Resources ...
21/06/20102010 Exploration Season
17/05/2010Reports on Plans for 2010 Iron Ore Exploration Projects - D...
18/03/2010Resignation of VP, COO, & Director
04/03/2010Alderon Resources to Explore Altius' Iron Ore Property - Ald...
23/02/2010to Receive Proceeds Worth Approximately $61.8 M - Investment...
08/01/2010Sells Nuiklavik Property to Rare Element Resources - Creates...
18/12/2009Enters into Lock-up Agreement with Royal Gold in Connection ...
24/12/2009Renews Normal Course Issuer Bid
10/11/2009Plan to Co-found a New Iron Ore Company - Resource delineati...
16/10/2009alty - Altius is 10% limited partner of LNRLP
06/10/2009Reports on Iron Ore in Labrador - Favourable metallurgical r...
11/06/2009and Millrock Form Strategic Alliance
06/03/2009Reports 3rd Quarter Net Earnings of $31.6 Million
28/11/2008Announces Normal Course Issuer Bid
31/10/2008REPORTS ON 2008 AGM RESULTS
24/09/2008Announces Increase to Share Repurchase Program
12/09/2008Reports Quarterly Net Earnings of $380,000
28/07/2008Reports Annual Net Earnings of $12.1 Million
24/06/2008NLRC Obtains Court Ordered Stay of Proceedings
12/06/2008and Cornerstone Form Labrador Trough Alliance
06/05/2008 and Sprott Resource Corp. Form Potash Joint Venture in Cana...
30/04/2008ANNOUNCES POSITIVE DECISION ON FEDERAL ENVIRONMENTAL ASSESSM...
14/03/2008 PROVIDES SOUTHERN HEAD REFINERY PROJECT UPD
30/11/2007planning and development of its proposed new oil refinery
07/10/2007ANNOUNCES POSITIVE DECISION FROM PROVINCIAL ENVIRONMENTAL AS...
21/06/2007Receives Decision on EIS Process
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TORONTO (ALS.TO)Other OTC (ATUSF.PK)
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