Altus Strategies: Final Results

28th April 2021

Altus Strategies Plc has today released its year end results in what has been a transformational 12 months for the Group. Highlights included:

  • Independent Mineral Resource Estimate  published at Diba gold project, western Mali, including 4,834,000 tonnes at 1.39 g/t gold (“Au”) for 217,000 ounces in the Indicated category
  • Mineral Resource Estimate announced for the Tabakorole gold project, southern Mali, including 1.2 g/t Au for 620,000oz in the Indicated category
  • Environmental Impact Assessment of Agdz silver and copper project, eastern Morocco, accepted by Ministry of Interior, and new targets generated on the project using predictive mapping techniques
  • Definitive Purchase & Sale and Royalty agreements signed with TSX-V listed Stellar AfricaGold Inc. (“Stellar”) in respect of the Company’s 100% interest in the Prikro and Zenoula gold projects in Côte d’Ivoire
  • Strategic Investment Agreement with La Mancha concluded, resulting in an investment by La Mancha of £6.5m / C$11.2m and La Mancha holding a 35.45% interest in the Company
  • Cash balance of £5.9m / C$10.3m as at 31 December 2020
  • Completion (post period end) of oversubscribed fundraising for £7.70m

In the TV clip, CEO Steve Poulton provides an overview Altus and its unique strategy

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Altus Strategies Investor Video on Five Minute Pitch TV

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