Ms. Maria Au reports
ALTAI ANNOUNCES ELECTION OF THE BOARD OF DIRECTORS AND STOCK OPTION GRANTS
At Altai Resources Inc.'s annual general meeting of the shareholders held on July 7, 2017, in Toronto, Dr. Niyazi Kacira, Dr. Didier Pomerleau, Dr. Mehmet F. Taner, Jeffrey S. Ackert and Raymond Savoie were elected as directors of the company.
In the meeting, Ross Pope LLP was appointed as auditors of the company.
On July 7, 2017, the company granted to directors and an officer a total of 800,000 options to purchase common shares of the company at an exercise price of 10 cents per share and expiring July 6, 2022. The grants are to replace options that expired on June 21, 2017, without being exercised.
Altai Resources is a resource company with oil and gas and gold properties in Canada.
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