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 [...]
Altima Resources is pleased to announce the closing of a Purchase and Sale Agreement dated August 30, 2024 with Uriel Gas Holdings Corp. with an effective date of August 1, 2024 pursuant to which Altima has acquired the Assets for a price of $450,000 payable in cash. This amount is inclusive of $312,015 paid to Uriel's creditors who were owed money in relation to the Assets. This Acquisition solidifies Altima's expansion [...]
Altima Resources is pleased to announce that Altima shareholders have approved all matters voted on at the annual general meetings of shareholders for the financial years ended, 2022, 2023 and 2024 held on August 26, 2024. At the Meetings with respect to the resolution approving the re-election of the following directors of the Company: Joe DeVries Richard Barnett Stephen Watts Jurgen Wolf The Meetings also ratified and [...]
Altima Resources announced that further to its News Release on July 2, 2024, it has not been 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 Feb 29, 2024 on or before June 28, 2024, due to an acquisition that took place which has impacted the timing of work on the [...]
Altima Resources Ltd. announced today that it has not been 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 February 29, 2024 on or before June 28, 2024, due to an acquisition that took place which has impacted the timing of work on the annual audited financial [...]
Altima Resources Ltd. announces that after a thorough review of non-producing wells in the Red Earth area, in Alberta, Altima has identified three additional Keg River wells to bring on production. Work on the 3 wells has begun and is expected to be completed in several days. This will bring the producing total number of wells to seven. The Company will be sequentially placing these wells back into production, all of [...]
Altima Resources Ltd. announces the grant of stock options to certain eligible directors, officers and consultants to purchase a total of 4,000,000 common shares. The stock options vest immediately and are exercisable, in whole or in part, on or before December 8, 2028 at an exercise price of $0.05 per share. Richard Barnett, CFO Contact: 336-8610 Neither the TSX Venture Exchange nor its Regulation Services Provider [...]
Altima Resources Ltd. The Company has received an update from St-Georges Eco Mining , its technology partnership , relating to its Korean partners and the ability to proceed with the finalization of the formal agreement. The independent preliminary engineering study which is to be completed through utilization of the pilot plant currently located in South Korea is in its final stages. This Engineering Study will allow [...]
Altima Resources Ltd. is pleased to announce the appointment of Dr. Sabin Boily. And Dr. Bob Mummery to the Board of Technical Advisors. Joe DeVries, President and CEO stated, "We look forward to continuing to build a team that will help us commercialize the exciting H2SX hydrogen production technology while the Company continues to move forward in targeting prospective energy fields for both traditional revenue and other [...]
Altima Resources Ltd. announces it has reached an agreement through a binding term sheet with St-George Eco-Mining Corp and its wholly owned subsidiary, H2SX Corp. with the intent to form an exclusive partnership, whereby Altima will use H2SX's technology partner's patented hydrogen production and nano-carbon technology for the conversion of natural gas originating from gas & condensate wells in Alberta and British [...]
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