Mr. Kursat Kacira reports
ALTAI ANNOUNCES REPOSITIONING OF INVESTMENT PORTFOLIO TO MAXIMIZE LIQUIDITY
Altai Resources Inc. 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 is composed of cash and cash equivalents, with a total market value of approximately $3.9-million. Based on the company's total issued and outstanding common shares of 56,033,552 as of May 30, 2025, the market value of the investment portfolio per common share is approximately seven cents.
About Altai Resources Inc.
Altai Resources, based in Toronto, Ont., is a resource company with a producing oil property in Alberta, an exploration gold property in Quebec, and a Canadian investment portfolio composed of cash and cash equivalents.
© 2025 Canjex Publishing Ltd. All rights reserved.