Altima announces that on July 23, 2013 it acquired a 100% working interest in section 36 Twp. 41 Rge, 11 W5M, the 10-36-41-11 W5M well (the "10-36 Well"), and an approximate 4.36 km 4.5 inch natural gas pipeline. The subject pipeline ties the 10-36 Well to the Baytex Aurora Gas Gathering System tie in point at the 04-04-41-11 W5M Baytex compressor station. This line will provide the tie in point for the Altima 14-35-41-11 [...]
Altima announces that Mr. Stephen Watts, of 21 Wright Road, Crafers, S.A., Australia, 5152, has advised he acquired ownership and control of 2,582,520 units of the Company (issued at a price of $0.05 per Unit, each Unit comprised of one common share and one share purchase warrant (the "Warrants") for a total of $129,126 from the Company's private placement that closed on June 24, 2013, (refer to the News Release dated [...]
Altima announces that it has closed the private placement announced in a News Release dated April 11, 2013. On June 18, 2013 the Company received acceptance from the TSX Venture Exchange to close the private placement. In accordance with the provisions of the Subscription Agreements, on June 24, 2013, the Company issued a total of 12,559,120 Units at $0.05 per Unit as follows: