Altai Declares Special Cash Distribution to Shareholders
ATI(NYSE:ATI) TORONTO, Sept. 04, 2025 (GLOBE NEWSWIRE) -- Altai Resources Inc. (TSXV: ATI) (“Altai” or the “Company”) announced today that further to the approval of shareholders of the Company (the “Shareholders”) at the special meeting of Shareholders held yesterday, approving a special resolution authorizing and approving a reduction of the stated capital account of the common shares of the Company (the “Common Shares”), the board of directors of the Company (the “Board”) has approved a special cash distribution of $0.06 per Common Share (the “Special Cash Distribution”) to holders of Common Shares by way of a return of capital. The aggregate amount of the Special Cash Distribution will be approximately $3.4 million, based on the total issued and outstanding Common Shares of 56,033,552 as of today’s date, which will be funded from the Company’s cash and cash equivalents.
Altai Announces Shareholder Approval of Special Resolution
ATI(NYSE:ATI) TORONTO, Sept. 03, 2025 (GLOBE NEWSWIRE) -- Altai Resources Inc. (TSXV: ATI) (“Altai” or the “Company”) announced that at today’s special meeting (the “Meeting”) of shareholders of the Company (the “Shareholders”), the Shareholders approved, with approximately 96.4% of the votes cast in favor of, a special resolution (the “Stated Capital Reduction Resolution”) authorizing and approving a reduction of the stated capital account of the common shares of the Company (the “Common Shares”) by an aggregate amount to be determined by the board of directors of the Company from time to time up to a maximum cumulative total amount of $4,000,000 pursuant to Section 34(1)(b) of the Business Corporations Act (Ontario) for the purposes of distributing such amount to holders of Common Shares by way of a return of capital in one or more special cash distribution(s).
Altai Announces Sale of Malartic Exploration Gold Property
ATITORONTO, Aug. 27, 2025 (GLOBE NEWSWIRE) -- Altai Resources Inc. (TSXV: ATI) (“Altai” or the “Company”) announced today that it has sold its ownership of a 50% working interest in the exploration gold property located in Malartic Township, Quebec, comprised of 6 claims (the “Malartic Gold Property” or the “Blackcliff Gold Property”), to the owner of the other 50% working interest, and the property’s operator, Globex Mining Enterprises Inc., for cash consideration of $142,000 (the “Sale Price”), which has been paid by an inter-bank cash transfer to the Company. The Sale Price represents a premium of $18,289 (or approximately 15%) over the Company’s carrying value of the Malartic Gold Property per the Company’s most recent interim consolidated financial statements for the period ended June 30, 2025.
Barnes Aerospace Completes Acquisition of ATI’S East Hartford Operations
ATIBRISTOL, Conn.--(BUSINESS WIRE)--Barnes Aerospace, a global provider of aftermarket component repair & overhaul (CRO) services and manufacturer of highly-engineered parts primarily for aeroengines, today announced the closing of its acquisition of the East Hartford Operations division (“EHO”) of ATI Forged Products, a business of ATI Inc. The acquisition strengthens Barnes Aerospace’s presence in key aerospace and defense market segments and enhances its ability to deliver a broad range of
IperionX Rockets 23% After Securing $99M Defense Contract For Domestic Titanium
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ATIAllegheny Technologies: Q1 Earnings Insights
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Here's what investors need to know about the announcement.
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