08:42 AM EST, 11/24/2025 (MT Newswires) -- Altius Minerals ( ATUSF ) said Monday that its subsidiary, Altius Royalty, has received a contingent payment of US$25 million, less withholding taxes, relating to its sale of a partial royalty interest in the Arthur Gold Project to a Franco-Nevada ( FNV ) subsidiary.

The payment follows an arbitration process that defined the extent of royalty lands linked to the project. Altius and Franco-Nevada ( FNV ) hold one-third and two-third interests respectively, in a 1.5% net smelter returns royalty, which has now been confirmed to cover 195.6 square kilometres within the mineral district, a statement said.