Altius Minerals increases strategic stake in TNR Gold

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Altius Minerals has increased its strategic stake in TNR Gold Corp after acquiring an additional 7.435 million shares on the public market. The shares were purchased at C$0.23 each on July 17, bringing Altius's total holding to 30.935 million shares. TNR Gold's executive chairman Kirill Klip welcomed the increased investment, calling it another milestone for the company's strategy and noting that the earlier strategic investment closing on May 25, 2026, enabled TNR Gold to advance its strategic plan. Klip highlighted that the company's portfolio spans different stages of the mining cycle and includes partnerships with McEwen Inc., Ganfeng Lithium, Lundin Mining, and BHP on projects that could potentially generate royalty cash flows.

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TNR Gold CorpPrivate▲ Positive
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TNR Gold received increased strategic investment from Altius, validating its strategy and portfolio.

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