Altima Announces Agreement to Acquire Crimson Oil and Gas Ltd.
Vancouver, British Columbia--(Newsfile Corp. - September 17, 2018) - Altima Resources Ltd. (TSXV: ARH) (the "Company" or "Altima") is pleased to announce that it has entered into an agreement to acquire from Crimson Energy Ltd. ("Crimson") 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"). COGL's assets consist of two major properties, the Red Earth oil property with...
2018-09-17 7:23 PM EDT
Altima Closes Debt Settlements and Property Transactions
Vancouver, British Columbia--(Newsfile Corp. - December 15, 2017) - Altima Resources Ltd. (TSXV: ARH) (BERLIN: A2DQBX) (OTC Pink: ARSLF) (the "Company" or "Altima") announces that it has received acceptance from the TSX Venture Exchange and has now closed the following transactions: Debt Settlement: The Company settled total $130,545.25 outstanding debt to unsecured creditors (the "Creditors") by the issuance of a total of 522,181 shares common shares in the capital stock of the Company to...
2017-12-15 3:31 PM EST
Altima Negotiates Debt Settlements, Re-acquisitions and Property Sale
Vancouver, British Columbia--(Newsfile Corp. - September 15, 2017) - Altima Resources Ltd. (TSXV: ARH) (BERLIN: A2DQBX) (OTC Pink: ARSLF) (the "Company" or "Altima") announces that it has negotiated debt settlement agreements with various secured creditors, unsecured creditors, joint venture partners, and working interest holders, and it has completed the sale of a block of properties in Alberta. The Company had $5,370,497 in secured convertible debentures originally due June 30, 2015 plus...
2017-09-15 4:19 PM EDT
Altima Sets Effective Date for 15:1 Consolidation
Vancouver, British Columbia--(Newsfile Corp. - April 12, 2017) - Altima Resources Ltd. (TSXV: ARH) (FSE: AKC) (OTC Pink: ARSLF) (the "Company") announces further to its News Release dated March 27, 2017 the TSX Venture Exchange has accepted the Company's proposed 15:1 consolidation. Accordingly, the Effective Date the Company will commence trading on a post-consolidated basis will be at market open on Thursday, April 13, 2017. Prior to the consolidation the Company had 315,716,516 common...
2017-04-12 12:56 PM EDT
Altima Intends to Complete 15:1 Consolidation
Vancouver, British Columbia--(Newsfile Corp. - March 31, 2017) - Altima Resources Ltd. (TSXV: ARH) (FSE: AKC) (OTC Pink: ARSLF) (the Company or Altima) announces that it intends to consolidate its share capital on an 15 old shares for 1 new share basis, subject to receipt of acceptance from the TSX Venture Exchange ("TSX-V"). Shareholders approved the proposed 15:1 consolidation by Special Resolution at the Company's Annual General and Special Meeting that was held on December 12, 2016. The...
2017-03-31 2:50 PM EDT
Altima Announces all Matters Approved at Annual and Special Shareholders Meeting held December 12, 2016
Vancouver, British Columbia--(Newsfile Corp. - December 12, 2016) - Altima Resources Ltd. (TSXV: ARH) (FSE: AKC) (OTC Pink: ARSLF) (the "Company") announces that all matters presented to shareholders at the Annual and Special Shareholders Meeting held December 12, 2016 were approved, including the adoption of new Articles. Please refer to the Company's profile on SEDAR www.sedar.com for a copy of the new Articles. ON BEHALF OF THE BOARD SIGNED: "Richard Barnett" Richard Barnett, CFO and...
2016-12-12 6:27 PM EST
Altima Announces Change of Officer
Vancouver, British Columbia--(Newsfile Corp. - October 31, 2016) - Altima Resources Ltd. (TSXV: ARH) (FSE: AKC) (OTC Pink: ARSLF) announces that Joe DeVries has been appointed as Interim Chief Executive Officer and President of the Company, replacing Richard Switzer, who has notified the Company of his desire to retire from active involvement. The Company wishes to thank Mr. Switzer for his ten years of service as CEO, President and director. For clarification, the Company's Officers and...
2016-10-31 2:58 PM EDT