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Posted by
Two Blokes Jul 16 -
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Stock
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Vancouver, British Columbia--(Newsfile Corp. - July 16, 2025) - Altima Energy Inc. (TSXV: ARH) (OTCID: ARSLF) ("Altima" or the "Company") is providing a bi-weekly default status report in accordance with National Policy 12-203 - Management Cease Trade Orders ("NP 12-203") as well as a corporate update on its proposed target acquisitions in Northern Alberta and the status of the previously announced private placement for up to $5,500,000 (the "Financing"). MCTO Update On July 2, 2025, the Company announced that it had applied for a management cease trade order ("MCTO") with the British Columbia Securities Commission ("BCSC") in connection with the delay in filing of its audited annual financial statements for the year ended February 28, 2025, related management discussion and analysis, and CEO and CFO certificates in addition to its NI 51-101 Disclosure for Oil & Gas Activities for the financial year ended February 28, 2025 (collectively, the "Required Documents") by the prescribed filing deadline (the "Original Announcement").
