News Bureau

Altus agreement with AlphaStream Capital

Altus Strategies announces that it has entered into a Sale and Purchase Agreement with AlphaStream Capital for the sale of a 30.1% interest in Alpha 3 SPV Ltd for US$5,267,500. Following the Agreement, Altus and AlphaStream will each own 50% of Alpha 3 which is incorporated in the United Arab Emirates and owns a portfolio of 23 mining royalties in Australia acquired from Newcrest Mining Ltd.

The proceeds will be re-invested by Altus in the expansion of its global portfolio of 33 royalties, both through accretive acquisitions and discovery-led royalty generation & its’ highlights said,

1: Altus to receive US$5.3 million from the sale of a 30.1% interest in Alpha 3 to AlphaStream,

2: Alpha 3 now owned 50:50 in a strategic partnership between Altus and AlphaStream.

3: Alpha 3 owns a portfolio of 23 mining royalties in Australia acquired from Newcrest.

4: Altus holds a total of 33 royalty interests globally, including royalties on 4 producing mines &

5: Proceeds to be re-invested in royalty acquisition opportunities and generating new royalties.

Steven Poulton, Chief Executive of Altus, commented, “ By moving to 50% ownership of Alpha 3, we have generated US$5.3 million in cash and strengthened our strategic partnership with AlphaStream, a specialist UAE based royalty and streaming company.

The proceeds from this deal will be applied to potential further accretive royalty acquisitions, as well as our ‘boots on the ground’ and high-impact royalty generation strategy in Mali, Egypt and other countries in Africa. I look forward to updating shareholders on these activities in due course.”

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