I don't think I've seen this before. Page 20 of the interims.
"A subsidiary of the Corporation, 2260761 Ontario Incorporated, holds a 22.8% interest in Sparkfly Inc., a private Georgia corporation that operates an innovative promotions & rewards platform integrated with retail point of sale systems."
Either the auditors mixed up information from another company with Altius' or this is exciting news! Management is now going to use its considerable expertise in mining and exploration and apply it to the coupon business!!.......In Georgia!!!?
Furthermore, Note 8 has $3.1m for additions to investments in associates, which I assume is for Sparkfly.
Note 11. 19% jump in G&A for 6months YoY and 26% 3months YoY.
Note 16. 26% jump in key management and directors compensation for 6months YoY and 18% 3months YoY.
Note 17. Royalty and investment income $723k for 3 months, so roughly $2.8 annualized. Does this include Voisey Bay?
Further on in note 17. Corporate costs 41% higher compared to 1 year ago.