Altius Minerals acquires 7.435 million additional shares of TNR Gold at C$0.23 each, raising its total holding to 30.935 million shares.
Altius Minerals has increased its strategic investment in TNR Gold Corp by purchasing 7.435 million shares at C$0.23 each on July 17. The acquisition raises Altius’s total stake in TNR Gold to 30.935 million shares, according to a SEDI filing dated July 21.
Prior to this transaction, Altius held 23.5 million shares of TNR Gold. The move follows a strategic investment announced on May 25, 2026, aimed at advancing TNR Gold’s business plan. TNR Gold’s assets include critical materials for the energy transition and gold holdings.
TNR Gold’s executive chairman, Kirill Klip, stated the increased investment reflects market confidence in the company’s strategy and asset quality. The company’s portfolio spans multiple stages of the mining cycle and includes partnerships with firms like McEwen Inc.