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M&A / Property

Altai Announces Voting Results From Shareholder Meeting

By The Northwire Desk — AI Analysis Mar 23, 2026 · 16:25 ATI · 0.015 Altai Resources Inc.
ATI · Price

Executive Summary

  • Shareholders approved the sale of Altair Resources’ 50% working interest in six Quebec mineral titles and its 50% working interest in four Alberta oil wells, with approval rates exceeding 91%.
  • Shareholders also authorized the directors to apply for delisting Altair’s common shares from the TSX Venture Exchange, receiving a 99.9% approval rate.

Key Details

  • Asset Sale – Mineral Titles:
  • 50% working interest in six mineral titles located in Malartic Township, Quebec.
  • Sale agreement dated August 26 2025 with Globex Mining Enterprises Inc.

  • Approved by shareholders at a 91.8% vote.

  • Asset Sale – Oil Wells:

  • 50% working interest in four oil wells located in Cessford, Alberta.
  • Sale and conveyance agreement dated September 29 2025 with Canadian Natural Resources Limited.

  • Approved by shareholders at a 91.8% vote (same resolution).

  • TSXV Delisting Authorization:

  • Resolution to permit directors to apply for delisting Altair’s common shares from the TSX Venture Exchange.

  • Received 99.9% approval overall and 99.3% approval from minority shareholders (excluding insiders).

  • Shareholder Meeting Context:

  • Special meeting of shareholders held on March 23 2026 in Toronto.
  • All matters were approved with voting rates exceeding 91%, indicating strong shareholder support.

Notable Quotes

(No direct quotes provided in the release.)

Read the original news release →