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An update from Altai Resources ( (TSE:ATI) ) is now available.
Altai Resources Inc. has announced a special cash distribution of $0.06 per common share, amounting to approximately $3.4 million, following shareholder approval for a reduction of the stated capital account. This distribution will be funded from the company’s cash reserves and is set to impact the trading of its shares, which will trade on a ‘due bill’ basis from October 3, 2025, and ‘ex-distribution’ from October 10, 2025, reflecting the entitlement to the distribution.
More about Altai Resources
Altai Resources Inc. is a Toronto-based resource company with an oil property in Alberta and a Canadian investment portfolio consisting of cash and cash equivalents.
Average Trading Volume: 116,146
Technical Sentiment Signal: Buy
Current Market Cap: C$4.2M
For a thorough assessment of ATI stock, go to TipRanks’ Stock Analysis page.