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Altai Resources ( (TSE:ATI) ) just unveiled an update.
Altai Resources Inc. announced the sale of its 50% working interest in the Cessford Oil Wells Property to Canadian Natural Resources Limited for a net liability settlement of $50,674. This transaction results in a gain of $111,728 over the company’s decommissioning liability, enhancing Altai’s financial position and potentially impacting its market strategy.
More about Altai Resources
Altai Resources Inc. is a Toronto-based resource company with a Canadian investment portfolio that includes cash and cash equivalents.
Average Trading Volume: 161,873
Technical Sentiment Signal: Buy
Current Market Cap: C$4.2M
For an in-depth examination of ATI stock, go to TipRanks’ Overview page.