Altima Resources Ltd.

Recent News

  • 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...

    2020-04-02 6:48 PM ET
  • 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 processing facility interests are in...

    2019-10-04 7:25 PM ET
  • 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 for the...

    2019-03-28 5:13 PM ET
  • 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 2:00 PM ET
  • 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 production capabilities of...

    2018-09-17 7:23 PM ET
  • 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 the Creditors (the "Debt Shares"). ...

    2017-12-15 4:31 PM ET
  • 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 accrued interest on them of $1,127,804. The...

    2017-09-15 4:19 PM ET
  • 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 shares issued and outstanding. ...

    2017-04-12 12:56 PM ET