Altai Resources Inc.

Altai Resources announced today that it has sold its ownership of a 50% working interest in the oil wells property located in Cessford, Alberta, comprised of 4 oil wells , to the owner of the other 50% working interest, and the property's operator, Canadian Natural Resources, for a net liability settlement of $50,674, which is comprised of the sale of the asset portion and the settlement of the liability portion. The Net [...]

Altai Resources announced today that, further to the Company's news release dated Sept 5, 2025, in connection with the Company's claim filed in the Superior Court of Quebec in 2022 against the Ministry of Energy and Natural Resources, the Government of Quebec, as represented by the Attorney General of Quebec, and the Attorney General of Quebec , seeking compensatory damages from the Defendants for the expropriation in [...]

Altai Resources announced that in connection with the Company's claim filed in the Superior Court of Quebec in 2022 against the Ministry of Energy and Natural Resources, the Government of Quebec, as represented by the Attorney General of Quebec, and the Attorney General of Quebec, seeking compensatory damages from the Defendants for the expropriation in 2022 of the Company's oil and gas exploration assets in Quebec, the [...]

Altai Resources announced that further to the approval of shareholders of the Company at the special meeting of Shareholders held yesterday, approving a special resolution authorizing and approving a reduction of the stated capital account of the common shares of the Company, the board of directors of the Company has approved a special cash distribution of $0.06 per Common Share to holders of Common Shares by way of a [...]

Altai Resources announced that at today's special meeting of shareholders of the Company, the Shareholders approved, with approximately 96.4% of the votes cast in favor of, a special resolution authorizing and approving a reduction of the stated capital account of the common shares of the Company by an aggregate amount to be determined by the board of directors of the Company from time to time up to a maximum cumulative [...]

Altai Resources announced that it has sold its ownership of a 50% working interest in the exploration gold property located in Malartic Township, Quebec, comprised of 6 claims, to the owner of the other 50% working interest, and the property's operator, Globex Mining Enterprises, for cash consideration of $142,000, which has been paid by an inter-bank cash transfer to the Company. The Sale Price represents a premium of [...]

Altai Resources announced that it has filed a management information circular and related meeting materials in connection with a special meeting of shareholders of the Company to be held on September 3, 2025 to consider and, if deemed advisable, approve, with or without variation, a special resolution authorizing and approving a reduction of the stated capital account of the common shares of the Company by an aggregate [...]

Altai Resources announced that the Company has completed the repositioning of its Canadian investment portfolio through the sale of all marketable securities and the subsequent reinvestment of those net cash proceeds into cash and cash equivalents , to maximize the liquidity of the Investment Portfolio and to eliminate any associated equity market risk. As a result of the Repositioning, the Company's Investment Portfolio [...]

Altai Resources announced that the Company has added Yana Silina to the senior management team, in the role of CFO. Ms. Silina is a Chartered Professional Accountant with over 15 years of experience in financial reporting, corporate governance, and regulatory compliance, primarily within the venture capital and resource sectors. Ms. Silina holds a Diploma in Management Studies from Thompson Rivers University and is [...]

Altai Resources announced today that the Board of Directors has initiated a strategic review process to identify, evaluate, and pursue a range of potential strategic alternatives with the goal of maximizing shareholder value and liquidity. As part of the Strategic Review, the potential strategic alternatives could include, amongst other things, either individually or in combination, the sale of part, or all, of the assets [...]