Altius Minerals Corporation

Altius Minerals Corporation

January 02, 2007 11:40 ET

Altius Receives Conditional Acceptance to List on the Toronto Stock Exchange "TSX"- Options Granted

ST. JOHN'S, NEWFOUNDLAND AND LABRADOR--(CCNMatthews - Jan. 2, 2007) - Altius (TSX VENTURE:ALS) is pleased to report that the Toronto Stock Exchange (the "TSX") has conditionally approved the listing of the common shares of the Company on the TSX. The Company applied to list as an Industrial Issuer under the sub-category of a company with earnings. The notification of conditional listing also indicated that Altius will qualify for Exempt Issuer status. Pending satisfaction of all requirements, the Company intends to transfer its listing from the TSX Venture Exchange early in 2007.

Altius also reports that its compensation committee has agreed to grant 75,000 stock options to one of its Officers. The 5-year options may be exercised at $10.60 and will vest over a 4 year period in accordance with the Company's standard practice.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Altius Minerals Corporation
    Brian F. Dalton
    Altius Minerals Corporation
    Chad Wells
    Corporate Communications
    (709) 576-3441 (FAX)