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ATI Altai Resources Inc

0.055
0.00 (0.00%)
23 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Altai Resources Inc TSXV:ATI TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.055 0.055 0.06 0 15:21:48

Altai Responds to Unsolicited Offer

20/08/2013 2:35pm

Marketwired Canada


Altai Resources Inc. (TSX VENTURE:ATI) (US SEC Rule 12g3-2(b) File # 82-2950)
("Altai" and the "Company") acknowledges the announcement made on August 19,
2013 by Zara Resources Inc. ("Zara") of its intention to make an unsolicited
offer to purchase 100% of the issued share capital of Altai, Greencastle
Resources Ltd. and Visible Gold Mines Inc.


As of the date of this news release, Altai has never had any discussion with
Zara, and the Company has not received any communications with any details
regarding the intended Zara offer. 


The Company recommends that Altai shareholders defer taking any action in
respect of the possible Zara offer until shareholders have received further
communication from the Board of Directors of the Company. The Altai Board will
issue a directors' circular concerning any formal offer. The directors' circular
will contain important information including the determination of the Altai
Board with respect to a recommendation to Altai shareholders.


ALTAI RESOURCES INC. IS A RESOURCE COMPANY WITH OIL AND GAS AND GOLD PROPERTIES
IN CANADA. 


Neither 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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Altai Resources Inc.
Maria Au
Secretary-Treasurer
(416) 383-1328
(416) 383-1686 (FAX)
info@altairesources.com
www.altairesources.com

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