Altima Energy Inc. The Company and its auditors continue to work on completing its audited annual financial statements, management's discussion and analysis, in addition to its NI 51-101 disclosure for the year ended February 28, 2025, the first quarter ended May 31, 2025 and the second quarter ended August 31, 2025 . While there have been delays due to technical issues relating to the new integration of an industry [...]
Altima Energy reports that it has completed its arms-length acquisition and integration of the Red Earth Property in Northern Alberta which is located in close proximity to the Company's existing Red Earth assets for a total consideration of CAD $1,050,000. Production has now commenced from Alitma's collective assets. Workover and Production Update In August, Altima advanced its workover program which focused on [...]
Altima Energy announces that the BC Securities Commission issued a cease trade order against the Company effective Sept 3, 2025, as the Company has been unable to file its audited annual financial statements, management's discussion and analysis and related certifications in addition to its NI 51-101 Disclosure for Oil & Gas Activities for the financial year ended February 28, 2025 and for the first quarter for the period [...]
Altima Energy Inc. is providing a corporate update, the final acceptance from the TSXV to close its private placement for $5,500,000, repayment of an outstanding secured loan, and a management cease trade order update. Final Approval for $5,500,000 Financing On August 8, 2025, the Company received final acceptance from the Exchange to close the Financing. In accordance with the provisions of the Subscription Agreements [...]
Altima Energy Inc. announces that it has received conditional approval from the TSX Venture Exchange and has closed its previously announced non-brokered private placement offering of $5,500,000 . The Company has issued a total of 20,000,000 Units at $0.275 per Unit for aggregate proceeds of $5,500,000. Each Unit consists of one common share and one common share purchase warrant, each such warrant entitling the holder [...]
Altima Energy Inc. is providing a management cease trade order default status report in accordance with National Policy 12-203 - Management Cease Trade Orders as well as receiving conditional approval from the TSX Venture Exchange to close the previously announced private placement for a total of $5,500,000 . MCTO Update On July 2, 2025, the Company announced that it had applied for a MCTO with the British Columbia [...]
Altima Energy Inc. is providing a bi-weekly default status report in accordance with National Policy 12-203 - Management Cease Trade Orders as well as a corporate update on its proposed target acquisitions in Northern Alberta and the status of the previously announced private placement for up to $5,500,000 . MCTO Update On July 2, 2025, the Company announced that it had applied for a management cease trade order with the [...]
Altima Energy Inc. announces that it has negotiated a private placement for gross proceeds of up to $5,500,000, subject to acceptance by the TSX Venture Exchange. The Company is issuing up to 20,000,000 Units at a price of $0.275 per Unit for gross proceeds of up to $5,500,000 , each Unit consisting of one common share and one share purchase warrant, each warrant entitling the holder thereof to purchase one additional [...]
Altima Energy Inc. announces that it has been unable to file its audited annual financial statements, management's discussion and analysis and related certifications in addition to its NI 51-101 Disclosure for Oil & Gas Activities , for the financial year ended February 28, 2025 on or before the filing deadline of June 30, 2025, as a result of technical issues resulting in the Company's accounting staff obtaining all the [...]
Altima Energy Inc. the Company would like to announce the appointment of Mr. Ronald Hughes to the Board of Directors, taking the place of Jurgen Wolf, who has notified the Company of his desire to retire from active involvement. The Company wishes to graciously thank Mr. Wolf for his 19 years of service as director of the Company. Mr. Hughes has more than 30 years of experience in business development and investment [...]
Altima Energy Inc. announces the successful acquisition of Crown Petroleum and Natural Gas lease tracts totaling 1,408 hectares offsetting the Richdale operated field, located in Eastern Alberta. This acquisition enhances Altima's position within Alberta's conventional light oil fairways, building on the Company's goal to strengthen its operational capabilities and resource base. The Richdale Acquisition The Crown lease [...]
Altima Resources is pleased to announce that the Company will change its name from Altima Resources Ltd. to "Altima Energy Inc." as permitted by the relevant regulatory authorities and approved by the directors. The name change is to be effective December 6, 2024. On or around December 6, 2024, at market open, the common shares of the Company will trade under the new name "Altima Energy Inc." The Common Shares will [...]