Altima Resources Ltd. announces that the Company has successfully closed on the acquisition and transfer of a key pipeline in the Company's core oil producing area of Red Earth Alberta . The 9.2 kilometers Pipeline ties the Company's central battery at 3-8-96-5 W5M in the Blue Sky Resources processing facility at 3-11-96-6 W5M. Altima holds an average Working Interest of 81% in seven wells in the North Panny Field, three [...]
Altima Resources Ltd. announces that on December 2, 2022, it has closed its second tranche of its private placement equity financing announced on August 25, 2022 for gross proceeds of $195,000. Final acceptance to close Tranche Two is subject to further review and approval by the TSX Venture Exchange. In accordance with the provisions of subscription agreements received as at December 2, 2022 the Company will issue a [...]
Altima Resources Ltd. further to the announcement on August 31, 2022 the Company closed its first tranche of its equity financing , where in accordance with the provisions of subscription agreements received, at the closing the Company issued 6,100,000 Units at a price of $0.05 per Unit for gross proceeds of up to $305,000 , each Unit consisted of one common share and one share purchase warrant, each warrant entitled the [...]
Altima Resources Ltd. is pleased to announce that on October 12, 2022, the B.C. Securities Commission issued orders revoking the cease trade orders issued against the Company in connection with delays in filing its annual financial statements, management discussion and analysis and related officer certificates for the financial year end February 28, 2022 . As part of the process of seeking revocation of the cease trade [...]
Altima Resources Ltd. announces that on August 31, 2022 it closed its first tranche of its equity financing . In accordance with the provisions of subscription agreements received, at the closing the Company is issuing 6,100,000 Units at a price of $0.05 per Unit for gross proceeds of up to $305,000 , each Unit consisting of one common share and one share purchase warrant, each warrant entitling the holder thereof to [...]
Altima Resources Ltd. is providing an update with respect to the previously announced management cease trade order issued by the British Columbia Securities Commission on June 29, 2022. The MCTO was issued in connection with the delay by the Company in filing its annual financial statements, management's discussion and analysis and related officer certifications for the financial year ended February 28, 2022 before the [...]
Altima Resources Ltd. announces that it has negotiated a private placement for gross proceeds of up to $500,000, subject to acceptance by the TSX Venture Exchange. The Company is issuing 10,000,000 Units at a price of $0.05 per Unit for gross proceeds of up to $500,000 , each Unit consisting of one common share and one share purchase warrant, each warrant entitling the holder thereof to purchase one additional common [...]
Altima Resources Ltd. is providing an update with respect to the previously announced management cease trade order issued by the British Columbia Securities Commission on June 29, 2022. The MCTO was issued in connection with the delay by the Company in filing its annual financial statements, management's discussion and analysis and related officer certifications for the financial year ended February 28, 2022 before the [...]
Altima Resources Ltd. is providing an update with respect to the previously announced management cease trade order issued by the British Columbia Securities Commission on June 29, 2022. The MCTO was issued in connection with the delay by the Company in filing its annual financial statements, management's discussion and analysis and related officer certifications for the financial year ended February 28, 2022 before the [...]
Altima Resources Ltd. announced today that is unable to file its audited annual financial statements, management's discussion & analysis, and related certifications in addition to its NI 51-101 Disclosure for Oil & Gas Activities for the fiscal year ended February 28, 2022 on or before June 28, 2022, due to operational delays experienced in its subsidiary, which caused its human resources to be reallocated to support [...]
Altima Resources Ltd. announces that it has closed the private placement announced in a News Release dated May 25, 2022. On June 8, 2022, 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 8, 2022, the Company issued a total of 6,000,000 Units at $0.05 per Unit as follows: 6,000,000 Units, each Unit [...]
Altima Resources Ltd. announces that it has negotiated a private placement for gross proceeds of $300,000, subject to acceptance by the TSX Venture Exchange. The Company is issuing 6,000,000 Units at a price of $0.05 per Unit for gross proceeds of up to $300,000 , each Unit consisting of one common share and one share purchase warrant, each warrant entitling the holder thereof to purchase one additional common share [...]
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