Altima Energy Inc.

Altima Resources Ltd. announced today that was not able 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 November 30, 2020 on or before March 30, 2021, due to delays incurred during the audit of the Company in connection to the business acquisition completed in the [...]

Altima Resources Ltd. announces it has completed the acquisition from Crimson Energy Ltd. of all of the issued and outstanding shares in the capital stock of Crimson Oil and Gas Ltd. , a private Alberta corporation wholly owned by Crimson . Refer to News Releases dated September 18, 2018, February 13, 2019 and March 28, 2019. In consideration for the acquisition, the Company has agreed to pay Crimson the sum of $750,000 [...]

Altima Resources Ltd. is pleased to announce that it has entered into an agreement to acquire from an arm's length third party oil, gas and processing assets in the province of Alberta. The Assets are comprised of a number of non-operated working interests and non-operated facility interests with third party processing revenues. The working interest and processing facility interests are in or servicing very long-life [...]

Altima Resources Ltd. announces an amendment has been made to its proposed acquisition from Crimson Energy Ltd. of all of the issued and outstanding shares in the capital stock of Crimson Oil and Gas Ltd. , a private Alberta corporation wholly owned by Crimson . Refer to News Releases dated September 18, 2018 and February 13, 2019. In consideration for the Acquisition, the Company has agreed to pay Crimson the reduced sum [...]

Altima Resources Ltd. announces that its long term Chairman and director, Jim O'Byrne, passed from this life peacefully surrounded by family on February 1, 2019. Jim served as Chairman of the Company for 8 years and as a Director for 13 years. He also served as President of The Canadian Association of Petroleum Landmen , the American Associations of Petroleum Landmen and the Canadian Petroleum Association. Many people in [...]

Altima Resources Ltd. is pleased to announce that it has entered into an agreement to acquire from Crimson Energy Ltd. all of the issued and outstanding shares in the capital stock of Crimson Oil and Gas Ltd. , a private Alberta corporation wholly owned by Crimson . COGL's assets consist of two major properties, the Red Earth oil property with production capabilities of approximately 125 barrels of oil per day along with [...]

Altima Resources announces that it has received acceptance from the TSX Venture Exchange and has now closed the following transactions: Debt Settlement: The Company settled total $130,545.25 outstanding debt to unsecured creditors by the issuance of a total of 522,181 shares common shares in the capital stock of the Company to the Creditors. James O'Byrne, a director of the Company, was indirectly issued a total of [...]

Altima Resources announces that it has negotiated debt settlement agreements with various secured creditors, unsecured creditors, joint venture partners, and working interest holders, and it has completed the sale of a block of properties in Alberta. The Company had $5,370,497 in secured convertible debentures originally due June 30, 2015 plus accrued interest on them of $1,127,804. The Company settled the full amount of [...]

Altima Resources announces further to its News Release dated March 27, 2017 the TSX Venture Exchange has accepted the Company's proposed 15:1 consolidation. Accordingly, the Effective Date the Company will commence trading on a post-consolidated basis will be at market open on Thursday, April 13, 2017. Prior to the consolidation the Company had 315,716,516 common shares issued and outstanding. Following the consolidation [...]

Altima Resources announces that it intends to consolidate its share capital on an 15 old shares for 1 new share basis, subject to receipt of acceptance from the TSX Venture Exchange. Shareholders approved the proposed 15:1 consolidation by Special Resolution at the Company's Annual General and Special Meeting that was held on December 12, 2016. The Company does not intend to change its name in connection with the [...]