Altai Declares Special Cash Distribution to Shareholders

(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.