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Altius appoints Fairfax Financial nominee to Board

Published by , Digital Assistant Editor
World Fertilizer,

Altius Minerals Corp. has announced that in accordance with the terms of its recent financing transaction with Fairfax Financial Holdings Ltd, it has appointed Guy Bentinck to its Board of Directors.

The appointment is effective 8 May 2017 and Bentinck will be proposed for re-election by shareholders at Altius' Annual General Meeting tentatively scheduled for 15 September 2017.

Bentinck is currently Chief Financial Officer of Fairfax Africa Holdings Limited, an investment holding company publicly traded on the Toronto Stock Exchange focused on investing in Africa. Prior to this role, Mr. Bentinck served as a consultant to Hamblin Watsa Investment Counsel, a wholly-owned subsidiary of Fairfax Financial Holdings Ltd that provides global investment management services to the insurance and reinsurance subsidiaries of Fairfax.

Bentinck has over 20 years of public company experience in the natural resources sector, including President and Chief Executive Officer of Potash Ridge Corporation, Chief Financial Officer and Senior Vice President, Capital Projects at Sherritt International Corporation and Chief Financial Officer of Royal Utilities Income Trust.

Bentinck also worked for 10 years with PricewaterhouseCoopers LLP in corporate finance, restructuring, and audit.

John Baker, Executive Chairman of Altius, commented: "We are very pleased to welcome Guy to the Altius Board and look forward to his valuable contributions, while his past experiences working with Sherritt and Royal Utilities afford us additional legacy insight into several of Altius' existing production royalties in western Canada."

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