Altius and Apollo Joint Venture Commits Additional US$25 Million Investment Into Tri Global Energy

Altius Minerals Corporation (ALS:TSX) (ATUSF:OTCQX) (“Altius”) is pleased to report the first investment under the recently announced joint venture between its subsidiary, Altius Renewable Royalties Corp., and certain funds managed by affiliates of Apollo Global Management, Inc. (NYSE:APO) (“Apollo”). This US$25 million investment in Tri Global Energy (“TGE”) follows an initial US$30 million investment announced in Q1 2019 and reflects TGE’s continuing success in completing project sales with attached royalties while also expanding its future projects pipeline. The full text of the announcement by Great Bay Renewables, LLC, the operating subsidiary of the Altius-Apollo joint venture, is reproduced below.