Altima Appoints Technical Advisors
Vancouver, British Columbia--(Newsfile Corp. - May 25, 2023) - Altima Resources Ltd. (TSXV: ARH) (OTC Pink: ARSLF) (FSE: AKC1) ("Altima" or the "Company") 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...
2023-05-25 3:07 PM EDT
Altima Secures Joint Venture for Green Hydrogen Technology
Vancouver, British Columbia--(Newsfile Corp. - February 14, 2023) - Altima Resources Ltd. (TSXV: ARH) ("Altima" or the "Company") announces it has reached an agreement through a binding term sheet (the "Terms") with St-George Eco-Mining Corp (CSE: SX) and its wholly owned subsidiary, H2SX Corp. (the "H2SX") with the intent to form an exclusive partnership, whereby Altima will use H2SX's technology partner's patented hydrogen production (ccH2™) and nano-carbon technology for the conversion of...
2023-02-14 6:59 AM EST
Altima Provides Update on Red Earth Area Wells and Pipeline Transfer
Vancouver, British Columbia--(Newsfile Corp. - January 17, 2023) - Altima Resources Ltd. (TSXV: ARH) (FSE: AKC1) (OTC Pink: ARSLF) (the "Company" or the "Altima") announces that the Company has successfully closed on the acquisition and transfer of a key pipeline (the "Pipeline") in the Company's core oil producing area of Red Earth Alberta (the "North Panny Field"). The 9.2 kilometers Pipeline ties the Company's central battery at 3-8-96-5 W5M in the Blue Sky Resources processing facility at...
2023-01-17 10:30 AM EST
Altima Closes Second Tranche of $500,000 Equity Financing
Vancouver, British Columbia--(Newsfile Corp. - December 2, 2022) - Altima Resources Ltd. (TSXV: ARH) ("Altima" or the "Company") announces that on December 2, 2022, it has closed its second tranche (the "Tranche Two") of its private placement equity financing announced on August 25, 2022 (the "Financing") for gross proceeds of $195,000. Final acceptance to close Tranche Two is subject to further review and approval by the TSX Venture Exchange. In accordance with the provisions of subscription...
2022-12-02 4:39 PM EST
Altima Provides Update on $500,000 Equity Financing
Vancouver, British Columbia--(Newsfile Corp. - November 29, 2022) - Altima Resources Ltd. (TSXV: ARH) ("Altima" or the "Company") further to the announcement on August 31, 2022 the Company closed its first tranche of its equity financing (the "Financing") (Refer to Press Release August 25, 2022), where in accordance with the provisions of subscription agreements received, at the closing the Company issued 6,100,000 Units at a price of $0.05 per Unit (the "Units") for gross proceeds of up to...
2022-11-29 10:20 PM EST
Cease Trade Order Revoked
Vancouver, British Columbia--(Newsfile Corp. - November 23, 2022) - Altima Resources Ltd. (TSXV: ARH) ("Altima" or the "Company") is pleased to announce that on October 12, 2022, the B.C. Securities Commission issued orders revoking the cease trade orders issued against the Company in connection with delays in filing its annual financial statements, management discussion and analysis and related officer certificates for the financial year end February 28, 2022 (the "Audited Financial...
2022-11-23 3:54 PM EST
Altima Closes First Tranche Equity Financing for a Gross Proceeds of $305,000
Vancouver, British Columbia--(Newsfile Corp. - August 31, 2022) - Altima Resources Ltd. (TSXV: ARH) ("Altima" or the "Company") announces that on August 31, 2022 it closed its first tranche of its equity financing (Refer to Press Release August 25, 2022). In accordance with the provisions of subscription agreements received, at the closing the Company is issuing 6,100,000 Units at a price of $0.05 per Unit (the "Units") for gross proceeds of up to $305,000 (the "Financing"), each Unit...
2022-08-31 5:26 PM EDT
Delay In Filing Audited Financial Statements
Vancouver, British Columbia--(Newsfile Corp. - August 26, 2022) - Altima Resources Ltd. (TSXV: ARH) ("Altima" or the "Company") is providing an update with respect to the previously announced management cease trade order (the "MCTO") issued by the British Columbia Securities Commission on June 29, 2022. The MCTO was issued in connection with the delay by the Company in filing its annual financial statements, management's discussion and analysis and related officer certifications for the...
2022-08-26 4:17 PM EDT
Altima Announces Negotiation of Equity Financing for $500,000
Vancouver, British Columbia--(Newsfile Corp. - August 25, 2022) - Altima Resources Ltd. (TSXV: ARH) ("Altima" or the "Company") announces that it has negotiated a private placement for gross proceeds of up to $500,000, subject to acceptance by the TSX Venture Exchange. The Company is issuing 10,000,000 Units at a price of $0.05 per Unit (the "Units") for gross proceeds of up to $500,000 (the "Financing"), each Unit consisting of one common share and one share purchase warrant, each warrant...
2022-08-25 3:58 PM EDT
Delay in Filing Audited Financial Statements
Vancouver, British Columbia--(Newsfile Corp. - August 9, 2022) - Altima Resources Ltd. (TSXV: ARH) ("Altima" or the "Company") is providing an update with respect to the previously announced management cease trade order (the "MCTO") issued by the British Columbia Securities Commission on June 29, 2022. The MCTO was issued in connection with the delay by the Company in filing its annual financial statements, management's discussion and analysis and related officer certifications for the...
2022-08-09 3:11 PM EDT
Delay in Filing Audited Financial Statements
Vancouver, British Columbia--(Newsfile Corp. - July 18, 2022) - Altima Resources Ltd. (TSXV: ARH) ("Altima" or the "Company") is providing an update with respect to the previously announced management cease trade order (the "MCTO") issued by the British Columbia Securities Commission on June 29, 2022. The MCTO was issued in connection with the delay by the Company in filing its annual financial statements, management's discussion and analysis and related officer certifications for the...
2022-07-18 3:14 PM EDT
Altima Announces Management Cease Trade Order Due to Delays in Filing Audited Annual Financial Statements
Vancouver, British Columbia--(Newsfile Corp. - June 29, 2022) - Altima Resources Ltd. (TSXV: ARH) ("Altima" or the "Company") announced today that is unable 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 28, 2022 on or before June 28, 2022, due to operational delays experienced in its subsidiary, which caused its human resources...
2022-06-29 9:08 PM EDT
Altima Closes Equity Financing for Gross Proceeds of $300,000
Vancouver, British Columbia--(Newsfile Corp. - June 8, 2022) - Altima Resources Ltd. (TSXV: ARH) ("Altima" or the "Company") announces that it has closed the private placement announced in a News Release dated May 25, 2022. On June 8, 2022, the Company received acceptance from the TSX Venture Exchange to close the private placement. In accordance with the provisions of the Subscription Agreements, on June 8, 2022, the Company issued a total of 6,000,000 Units at $0.05 per Unit as follows:...
2022-06-08 12:27 AM EDT
Altima Negotiates Equity Financing for $300,000
Vancouver, British Columbia--(Newsfile Corp. - May 25, 2022) - Altima Resources Ltd. (TSXV: ARH) ("Altima" or the "Company") announces that it has negotiated a private placement for gross proceeds of $300,000, subject to acceptance by the TSX Venture Exchange. The Company is issuing 6,000,000 Units at a price of $0.05 per Unit (the "Units") for gross proceeds of up to $300,000 (the "Financing"), each Unit consisting of one common share and one share purchase warrant, each warrant entitling...
2022-05-25 10:12 PM EDT
Delay in Filing Audited Annual Financial Statements
Vancouver, British Columbia--(Newsfile Corp. - May 4, 2021) - Altima Resources Ltd. (TSXV: ARH) ("Altima" or the "Company") is providing an update with respect to the previously announced management cease trade order (the "MCTO") issued by the British Columbia Securities Commission on March 31, 2021. The MCTO was issued in connection with the delay by the Company in filing its annual financial statements, management's discussion and analysis and related officer certifications for the...
2021-05-04 9:53 PM EDT
Delay in Filing Audited Annual Financial Statements
Vancouver, British Columbia--(Newsfile Corp. - March 31, 2021) - Altima Resources Ltd. (TSXV: ARH) ("Altima" or the "Company") 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...
2021-03-31 7:05 PM EDT
Altima Announces Completion of Acquisition of Crimson Oil and Gas Ltd., and Provides Project Update
Vancouver, British Columbia--(Newsfile Corp. - April 2, 2020) - Altima Resources Ltd. (TSXV: ARH) (the "Company" or "Altima") announces it has completed the acquisition from Crimson Energy Ltd. ("Crimson") of all of the issued and outstanding shares in the capital stock of Crimson Oil and Gas Ltd. ("COGL"), a private Alberta corporation wholly owned by Crimson (the "Acquisition"). Refer to News Releases dated September 18, 2018, February 13, 2019 and March 28, 2019. In consideration for the...
2020-04-02 6:48 PM EDT
Altima Announces Agreement to Acquire Oil & Gas Assets and the Issuance of up to $6 Million in Convertible Debt Financing
Vancouver, British Columbia--(Newsfile Corp. - October 4, 2019) - Altima Resources Ltd. (TSXV: ARH) (the "Company" or "Altima") is pleased to announce that it has entered into an agreement to acquire from an arm's length third party (the "Vendor") oil, gas and processing assets (the "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...
2019-10-04 7:25 PM EDT
Altima Announces Amendment to Agreement to Acquire Crimson Oil and Gas Ltd., and Provides Project Update
Vancouver, British Columbia--(Newsfile Corp. - March 28, 2019) - Altima Resources Ltd. (TSXV: ARH) (the "Company" or "Altima") announces an amendment has been made to its proposed acquisition from Crimson Energy Ltd. ("Crimson") of all of the issued and outstanding shares in the capital stock of Crimson Oil and Gas Ltd. ("COGL"), a private Alberta corporation wholly owned by Crimson (the "Acquisition"). Refer to News Releases dated September 18, 2018 and February 13, 2019. In consideration...
2019-03-28 5:13 PM EDT
Altima Announces Director's Passing
Vancouver, British Columbia--(Newsfile Corp. - February 13, 2019) - Altima Resources Ltd. (TSXV: ARH) (the "Company" or "Altima") 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 (CAPL), the American Associations of Petroleum Landmen (AAPL) and...
2019-02-13 1:00 PM EST