To create a strong portfolio of royalties, exploration stage joint ventures, and equity shareholder interests in resource projects.

Current Asset Base (as of Oct. 31, 2008)

• $161 Million in treasury and liquid investments
• Voisey's Bay LP interest (10%)
• Diverse portfolio of exploration projects including 13 active Joint Ventures
• Rambler Metals and Mining plc (20.2%)
• http://agoracom.com/ir/Ramblermines
• Newfoundland & Labrador Refining Corporation (39.6%)
• Central Mineral Belt Royalty (Aurora Energy Resources) - 2% gross sales uranium royalty and 2% NSR on base metals and precious meta

The Company has approximately $200 million in total assets including $160+ million in cash, numerous quality projects, royalties and equity stakes. Fundamentally, our business has never been stronger.

Since inception in 1997, our business model and operating philosophy have consistently delivered increased value for shareholders of Altius through cyclical market conditions. The company has built a solid reputation around its percentage of successful mineral project generation initiatives that it intends to further build upon.

While the current market sentiment for the natural resources sector has turned bearish our Company is well prepared to embrace the opportunities of a down-cycle, for whatever period is necessary. Altius prospered through the last bear cycle because its business plan inherently preserves capital structure and manages risk.

There are many reasons to be optimistic about the future of Altius and its proven mineral exploration business strategy.

Altius' business model is simple and has been implemented as an effective means of managing risk. It involves a small team of people that conceptualize and innovate mineral resource related opportunities, invest in their initiation and development and, when successful, form businesses or partnerships around these opportunities. The model has worked well by allowing exposure to multiple opportunities while minimizing negative impacts to the capital structure of the company.

Altius has formed more than 40 exploration partnerships and joint ventures since its inception with select mining industry partners from around the globe. Currently, the Company's has 13 active mineral exploration partnerships covering prospective projects for gold, base metals, nickel, uranium, potash, and iron ore.

The Voisey's Bay royalty continues to distinguish Altius as a unique project generator with a long term royalty asset that ensures it consistent and sustainable cash flow for at least the next quarter century. Altius has from the time of the Voisey's Bay acquisition viewed this royalty income as a financing source that is more than sufficient to support its generative mineral exploration business model over the long term thereby eliminating equity dilution to shareholders.

Although, Altius' financial capability has grown considerably in its 10 years of business it remains committed to managing risk and exercising financial discipline. As a result, the company will continue to build upon its rock solid reputation and successful track record.

The constant challenge is to build and supply a pipeline of strong projects year over year that attract industry investors/partners who provide both financial resources to exploration programs and technical endorsement. While the scale and scope of attractive opportunities has increased our commitment to productive partnerships and relationships is stronger than ever.

Financial discipline and protection of capital structure are enduring hallmarks of Altius business plan and serves as the platform for the continued growth. Even after 10 years of business, Altius still has only 28.3 million shares outstanding, yet it has built its treasury to ~ $161 million and secured a consistent revenue stream from the Vosiey's Bay royalty making it fully financed internally for the next several decades.

Officers, directors and members of the company's Advisory Board hold more than 5 million of the issued shares, providing powerful incentive to those at the helm to continue to enhance the shareholder value of the business. The Company also has an active Normal Course Issuer Bid ("NCIB") or Share Buyback program. The reason for the bid is that when the market price of Altius shares is trading below the fundamental value of Altius, based on anticipated cash flows and underlying asset values, the acquisition of common shares under the bid represents an appropriate use of funds.

http://agoracom.com/ir/Ramblermines