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Altius Minerals Scales Down Churchill Stake

Altius Minerals Scales Down Churchill Stake

Altius Minerals (TSE:ALS) has released an update.

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Altius Minerals Corporation has sold 10 million shares of Churchill Resources Inc. for $500,000, reducing its stake from 12.6% to 5.5% and no longer qualifying as a reporting insider. The sale was executed via a block transaction on the TSX Venture Exchange at $0.05 per share. Altius’s divestment reflects a routine investment adjustment, with future changes to its position contingent on market conditions.

For further insights into TSE:ALS stock, check out TipRanks’ Stock Analysis page.

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