What is the market value breakdown of our top holdings in the junior equities portfolio?
Our junior equities portfolio is part of the value shown in Investments on our balance sheet - see Note 6 to the Consolidated Financial Statements. In Note 6, the largest investments disclosed are our holding in Labrador Iron Ore Royalty Corporation, and our holding in Orogen Royalties, which is the largest portion of our junior equities portfolio.
| Holding | Market Value (June 30, 2026) |
|---|---|
| Orogen Royalties Inc. (Orogen) | $36,591,000 |
Beyond the named positions, our junior equities portfolio had a total market value of approximately $80.4 million at June 30, 2026, which includes numerous other public and private equity positions across exploration and development-stage companies where we hold royalty interests and/or equity stakes.
During the second quarter of 2026, we invested approximately $4.2 million in TNR Gold Corp. (TSX-V: TNR) and smaller amounts in Blue Moon Metals Inc., Aurum Discovery Limited, Buffalo Potash Corp, and Gilpas Resources Ltd., creating new royalty opportunities in several of these companies.
Our portfolio strategy focuses on companies where we have both equity exposure and underlying royalty interests, which aligns with our Project Generation business model of originating mineral projects for developers in exchange for royalties and equity positions.
This is factual information based on our public disclosures and delayed market data, not financial or investment advice.
Published by Altius Minerals's investor relations team, from the company's approved public materials. Last updated September 24, 2026.