11:12:04 EDT Wed 22 Oct 2025
Enter Symbol
or Name
USA
CA



Altai Resources Inc
Symbol ATI
Shares Issued 56,033,552
Close 2025-10-10 C$ 0.03
Market Cap C$ 1,681,007
Recent Sedar Documents

ORIGINAL: Altai Announces Completion of Special Cash Distribution to Shareholders

2025-10-16 19:48 ET - News Release

TORONTO, Oct. 16, 2025 (GLOBE NEWSWIRE) -- Altai Resources Inc. (TSXV: ATI) (“Altai” or the “Company”) announced today that further to the Company’s news release dated September 4, 2025 regarding the declaration by the board of directors of the Company of a special cash distribution of $0.06 per common share (the “Special Cash Distribution”), the Company has completed the payment of the Special Cash Distribution by way of a return of capital. The total amount paid by the Company for the Special Cash Distribution was approximately $3.4 million, which was funded from the Company’s cash and cash equivalents. As of today’s date, the Company has approximately $0.7 million of cash and cash equivalents remaining, or approximately $0.013 per common share based on the total issued and outstanding common shares of 56,033,552. As of today’s date, the Company is debt-free.

ABOUTTHE COMPANY
Altai Resources Inc. is a Toronto, Ontario based resource company with a Canadian investment portfolio comprised of cash and cash equivalents. Additional information about the Company is available on SEDAR+ at www.sedarplus.ca and on the Company’s website at www.altairesources.com.

For further information, please contact:
Kursat Kacira, Chairman & CEO/President
T: (647) 282-8324, E: kursatkacira@altairesources.ca

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in thepoliciesof the TSXVenture Exchange) accepts responsibilityfortheadequacyor accuracy of this news release.


Primary Logo

© 2025 Canjex Publishing Ltd. All rights reserved.