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ATI Altai Resources Inc

0.055
0.00 (0.00%)
Last Updated: 01:00:00
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 01:00:00

Altai Updates on Unsolicited Offer

06/09/2013 8:07pm

Marketwired Canada


Altai Resources Inc. (TSX VENTURE:ATI) (US SEC Rule 12g3-2(b) File # 82-2950)
("Altai" or the "Company") would like to remind shareholders that they should
defer taking any action in respect of the offer from Zara Resources Inc.
("Zara") until shareholders have received further communication from the board
of directors of Altai. Following a detailed review of the offer by a special
committee, Altai will mail a directors' circular which will contain important
information including a recommendation to shareholders of Altai with respect to
the offer. As the offer by Zara is open for acceptance until October 28, 2013,
there is no need for Altai shareholders to take any steps in respect of the
offer by Zara at this time.


Niyazi Kacira, President, commenting on the offer, said, "The Board of Directors
is proceeding, with the assistance of its legal advisors, to review the Zara
offer. Shareholders are urged to take no action concerning the offer until the
Board makes its formal recommendation. Shareholders will be notified by the
Board of this recommendation through a news release and directors' circular in
accordance with applicable securities laws."


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


We seek Safe Harbour.

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: 
SHAREHOLDERS CONTACT:
Altai Resources Inc.
Maria Au, Secretary-Treasurer
(416) 383-1328
(416) 383-1686 (FAX)
info@altairesources.com
www.altairesources.com


MEDIA CONTACT:
Bayfield Strategy, Inc.
Riyaz Lalani
(416) 907-9365
rlalani@bayfieldstrategy.com

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