Corporate Information

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

Altius asset portfolio includes strategic equity and/or royalty stakes in two mining exploration and development company's it co-founded; Aurora Energy Resources (TSX:AXU) and Rambler Metals and Mining Plc. (TSX-V:RAB). It also has a lucrative royalty interest in the world-class Voisey's Bay nickel district in Labrador, Canada and a substantial stake in Newfoundland and Labrador Refining Corporation (NLRC).

The Company also boasts a strong treasury position in excess of $170 million providing it the financial strength to pursue and foster further investment opportunities in natural resources and maintains exposure to gold, base metals, and uranium through a varied exploration portfolio that is largely funded by joint venture partners.

While Altius continues to actively generate concepts and projects for traditional metal deposits it is now also focused on generating energy related resource opportunities in Canada.

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 natural 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 and in 2007 the Company's direct investment in new generative projects and initiatives has resulted in 8 NEW exploration agreements. So while much has evolved around and within Altius since its inception a decade ago the Company's founding principles and values remain firm and constant.

The Voisey's Bay royalty continues to distinguish Altius as a long term royalty business with consistent and sustainable cash flow for at least the next quarter century, further enabling its ability to minimize the amount of equity at risk while maximizing the number of opportunities its shareholders have to participate in resource prospects and discoveries.

On the energy scene, Altius is a lead proponent of Newfoundland and Labrador Refining Corporation - NLRC (www.nlrefining.com), which forges ahead with a proposed new 300,000 barrel per day oil refinery in Placentia Bay. Altius has partnered with Irish and UK based entrepreneurs and financiers to advance this opportunity.

Altius' financial capability has grown considerably and looking to the future we continue to see many growth opportunities. In 2008 Altius expects more than $25 Million to be spent by its partners across its' diverse portfolio of assets and exploration projects, while it moves forward in pursuit of further direct investment opportunities in the natural resource sector. While the scale and scope of attractive opportunities has increased our commitment to productive partnerships and relationships is stronger than ever.

Capital Structure

Financial discipline and protection of capital structure are enduring hallmarks of Altius business plan and serves as the platform for the continued growth. Over 10 years Altius has issued less than 31 million shares, yet it has built its treasury to > $170 million and secured a consistent revenue stream from the Vosiey's Bay royalty making it fully financed internally for the next several decades.

Officers, directors and members of the company's Advisory Board hold more than 5 million of the issued shares, providing powerful incentive to those at the helm to continue to enhance the shareholder value of the business. Specialized resource investment funds, and other insiders, currently hold an estimated 15 million additional shares.

As of May 23/08
Issued shares:	30,925,725
Options:	1,038,500(2.7%)
Fully Diluted:	31,964,225
Cusip #:	020936