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Fairfax to Make Strategic Investment in Altius

ST. JOHN’S, NEWFOUNDLAND AND LABRADOR–(Marketwired – Feb. 24, 2017) – Altius Minerals Corporation (“Altius”) (TSX:ALS) is pleased to announce that it has entered into a letter agreement pursuant to which Fairfax Financial Holdings Limited, through certain of its subsidiaries (collectively, “Fairfax“), will make an up to $100 million investment in Altius in exchange for the issuance by Altius of preferred securities and warrants.