Altima Update Regarding Closing Date for Financing

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE
UNITED STATES


Altima Resources Ltd. (TSX VENTURE:ARH) ("Altima" or the "Company") announces
further to its News Release dated May 5, 2014 that, subject to receipt of
acceptance from the TSX Venture Exchange, it anticipates closing its private
placement for gross proceeds of $12,500,000 by the issuance of 138,888,886 Units
at $0.09 per Unit (the "Financing") by May 30, 2014, not May 21, 2014 as
previously announced. 


Following completion of the Financing, the Company will arrange for a Special
Meeting of Shareholders to seek shareholder approval to the proposed 8:1
consolidation. Refer to May 5, 2014 News Release for further particulars of the
Financing and proposed consolidation. 


ON BEHALF OF THE BOARD

Joe DeVries, Director

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.


The securities referred to in this news release have not been, nor will they be,
registered under the United States Securities Act of 1933, as amended, and may
not be offered or sold within the United States or to, or for the account or
benefit of, U.S. persons absent U.S. registration or an applicable exemption
from the U.S. registration requirements.


This news release does not constitute an offer for sale of securities for sale,
nor a solicitation for offers to buy any securities. Any public offering of
securities in the United States must be made by means of a prospectus containing
detailed information about the company and management, as well as financial
statements.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Altima Resources Ltd.
Joe DeVries
Director
[phone]
[phone] (FAX)
www.altimaresources.com