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Altura Energy Announces Trading on OTCQB Venture Market Under the Trading Symbol ALTUF
TMX Newsfile· 2026-03-24 11:30
Vancouver, British Columbia--(Newsfile Corp. - March 24, 2026) - Altura Energy Corp. (TSXV: ALTU) (OTCQB: ALTUF) (FSE: Y020) ("Altura" or the "Company") is pleased to announce that its common shares commence trading today on the OTCQB® Venture Market ("OTCQB"), a U.S. marketplace operated by OTC Markets Group Inc., under the trading symbol ALTUF.Along with trading under the trading symbol "ALTUF" on the OTCQB, the Company's common shares will continue to trade on the TSX Venture Exchange under the symbol " ...
Altura Energy Advances Helium Production with Infrastructure Upgrades and Multi-Well Development Program
TMX Newsfile· 2026-03-19 11:30
Vancouver, British Columbia--(Newsfile Corp. - March 19, 2026) - Altura Energy Corp. (TSXV: ALTU) (FSE: Y020) ("Altura" or the "Company") is pleased to provide an operational update following the successful recompletion of two helium wells, as announced on November 20, 2025.The recompleted wells demonstrated strong initial flow rates of 123 mcf/day and 118 mcf/day respectively and confirmed the presence of high-grade helium concentrations estimated between 5% and 8%, supporting the Company's strategy of re ...
Altura Energy Announces Investor Relations Agreement and Stock Option Grants
TMX Newsfile· 2026-03-09 11:30
Core Viewpoint - Altura Energy Corp. has entered into an investor relations agreement with Kin Communications to enhance its investor engagement and communication efforts [1][2]. Group 1: Investor Relations Agreement - The investor relations agreement has an initial term of twelve months, continuing on a month-to-month basis thereafter, unless otherwise agreed [2]. - Altura Energy will pay Kin Communications C$15,000 monthly for investor relations services, starting from the effective date of the agreement [2]. - Kin Communications will assist Altura with investor relations activities, including communication with investment advisors, analysts, portfolio managers, and media contacts [2]. Group 2: Stock Options - Under the agreement, Altura has granted Kin Communications stock options to purchase up to 500,000 common shares at a price of $0.155 per share, vesting quarterly over twelve months [3]. - Additionally, Altura has granted 1,500,000 options to certain directors and officers, also exercisable at $0.155 per share, vesting over eighteen months [6]. - The options granted to directors, officers, and Kin Communications are subject to resale restrictions until July 10, 2026 [7]. Group 3: Company Overview - Altura Energy Corp. is an exploration and production company with interests in the Holbrook basin of Arizona [8]. - Kin Communications is a Canadian investor relations firm focused on the natural resource sector, providing various investor relations services [5].
Altura Energy Closes the Oversubscribed Non-Brokered Private Placement Raising $2.97 Million
TMX Newsfile· 2026-02-05 21:18
Core Viewpoint - Altura Energy Corp. has successfully closed an oversubscribed non-brokered private placement offering, raising gross proceeds of approximately $2.97 million through the issuance of 29,705,977 units at a price of $0.10 per unit [1]. Offering Details - Each unit consists of one common share and one common share purchase warrant, with the warrant allowing the purchase of one common share at an exercise price of $0.25 until February 5, 2031 [2]. - The company may accelerate the expiry date of the warrants if the closing price of the common shares reaches or exceeds $0.75 for twenty consecutive trading days [2]. Use of Proceeds - The net proceeds from the offering will be allocated for site maintenance, additional well recompletions, working capital, and general corporate purposes [4]. Finder's Fees - The company paid finder’s fees totaling $174,702 and issued 1,627,020 finder's warrants, which have the same terms as the warrants in the units [5]. Related Party Transaction - Mr. Ian Telfer, a director of the company, subscribed for 1,000,000 units for gross proceeds of $100,000, constituting a related party transaction [7]. Advisory Agreement - The company entered into a new strategic advisory services agreement with Haywood Securities Inc., agreeing to issue 2,900,000 units at a deemed price of $0.10 per unit for services rendered [8]. - The agreement includes a monthly consulting fee of $15,000, payable in common shares, subject to TSX Venture Exchange approval [9]. Company Overview - Altura Energy Corp. is an exploration and production company with interests in the Holbrook basin of Arizona [10].
Altura Energy Announces Second Upsize of Non-Brokered Private Placement to Approximately $2.925 Million
TMX Newsfile· 2026-01-26 12:30
Core Viewpoint - Altura Energy Corp. has decided to increase the size of its non-brokered private placement due to strong market demand, now issuing approximately 29,250,000 units at a price of $0.10 per unit, resulting in gross proceeds of approximately $2,925,000 [1][4]. Group 1: Offering Details - Each unit will consist of one common share and one warrant, with the warrant allowing the purchase of one common share at an exercise price of $0.25 for up to sixty months after the closing date [2]. - The offering will be conducted as a private placement under applicable exemptions from prospectus requirements in Canada and other jurisdictions, including the United States [3]. - The net proceeds from the offering will be used for site maintenance, additional well recompletions, working capital, and general corporate purposes [4]. Group 2: Conditions and Approvals - The offering is expected to close on or around January 30, 2026, subject to necessary approvals, including from the TSX Venture Exchange [6]. - The securities issued will have a hold period of four months and one day from the closing date in accordance with applicable securities laws [6]. Group 3: Insider Participation - The company anticipates that insiders will subscribe for units, which is considered a related party transaction under Multilateral Instrument 61-101 [7]. - The company intends to rely on exemptions from formal valuation and minority shareholder approval requirements as the transaction is not expected to exceed 25% of the company's market capitalization [7]. Group 4: Company Overview - Altura Energy Corp. is an exploration and production company with interests in the Holbrook basin of Arizona [9].
Altura Energy Announces Upsize of Non-Brokered Private Placement to Approximately $2 Million
TMX Newsfile· 2026-01-23 12:30
Core Viewpoint - Altura Energy Corp. has decided to increase the size of its non-brokered private placement to meet strong market demand, now issuing approximately 20,000,000 units at a price of $0.10 per unit, resulting in gross proceeds of approximately $2,000,000 [1][4]. Group 1: Offering Details - Each unit will consist of one common share and one common share purchase warrant, with the warrant allowing the purchase of one common share at an exercise price of $0.25 for up to sixty months after the closing date [2]. - If the closing price of the common shares reaches or exceeds $0.75 for twenty consecutive trading days, the company may accelerate the expiry date of the warrants to 30 days after a news release [2]. - The offering will be conducted as a private placement under applicable exemptions from prospectus requirements in Canada and other jurisdictions, including the United States [3]. Group 2: Use of Proceeds - The net proceeds from the offering will be used for site maintenance, additional well recompletions, working capital, and general corporate purposes [4]. Group 3: Closing and Regulatory Aspects - The offering is expected to close on or around January 30, 2026, subject to necessary approvals, including from the TSX Venture Exchange [6]. - The securities issued will have a hold period of four months and one day from the closing date in accordance with applicable securities laws [6]. Group 4: Insider Participation - The company anticipates that insiders will subscribe for units, which is considered a related party transaction under Multilateral Instrument 61-101 [7]. - The company intends to rely on exemptions from formal valuation and minority shareholder approval requirements as the transaction is not expected to exceed 25% of the company's market capitalization [7].
Altura Energy Announces Non-Brokered Private Placement a Minimum of $1.0 Million
TMX Newsfile· 2026-01-20 12:30
Core Viewpoint - Altura Energy Corp. is initiating a non-brokered private placement offering of a minimum of 10,000,000 units at a price of $0.10 per unit, aiming for gross proceeds of at least $1,000,000 [1][4]. Group 1: Offering Details - Each unit will consist of one common share and one common share purchase warrant, with the warrant allowing the purchase of one common share at an exercise price of $0.25 for up to sixty months [2]. - If the closing price of the common shares reaches or exceeds $0.75 for twenty consecutive trading days, the company may accelerate the expiry date of the warrants to 30 days after a news release [2]. - The offering will be conducted through private placement under applicable exemptions from prospectus requirements in Canada and other jurisdictions, including the United States [3]. Group 2: Use of Proceeds - The net proceeds from the offering will be used for site maintenance, additional well recompletions, working capital, and general corporate purposes [4]. Group 3: Closing and Regulatory Aspects - The offering is expected to close around January 30, 2026, subject to necessary approvals, including from the TSX Venture Exchange [6]. - The securities issued will have a hold period of four months and one day from the closing date in accordance with applicable securities laws [6]. Group 4: Insider Participation - The company anticipates that insiders will subscribe for units, which is considered a related party transaction under Multilateral Instrument 61-101 [7]. - The company intends to rely on exemptions from formal valuation and minority shareholder approval requirements as the transaction is not expected to exceed 25% of the company's market capitalization [7]. Group 5: Company Overview - Altura Energy Corp. is an exploration and production company with interests in the Holbrook basin of Arizona [9].
Altura Energy Announces Board Changes
TMX Newsfile· 2025-12-17 13:00
Core Insights - Altura Energy Corp. has appointed Ashley Lastinger as a member of the Board of Directors, who is also the CEO of the company [1][3] - Gordon Keep has resigned from the Board of Directors but will continue to serve as an Advisor [4] Group 1: Leadership Changes - Ashley Lastinger brings over 15 years of experience in Petroleum Engineering, having worked in various roles including engineering manager and engineer for multiple energy exploration and production companies [2] - Gordon Keep's resignation from the Board is effective immediately, and he will provide advisory services through Jasper Management & Advisory Services [4] Group 2: Company Background - Altura Energy Corp. is focused on exploration and production, with interests in the Holbrook basin of Arizona [5]
Altura Energy Successfully Recompletes Two Initial Wells and Is Producing and Selling Helium Through Onsite Processing Plant as of November 19, 2025
Newsfile· 2025-11-20 12:30
Core Insights - Altura Energy Corp. has successfully recompleted two initial wells, re-establishing helium flow to its onsite processing plant, with helium being sold at a contracted price of US$350 per thousand cubic feet (mcf) [1][2] Well Performance - Well 1 and Well 2 were completed on November 7th and 13th, respectively, showing initial flow rates of 123 mcf/day and 118 mcf/day, with helium concentrations between 5% and 8% [2][3] - The company is conducting a gas analysis to further evaluate the wells [2] Operational Management - The company is monitoring the wells daily and has contracted a team of engineers to ensure consistent helium production [4] - Maintenance efforts are being evaluated for long-term production sustainability [4] Future Plans - Altura Energy is assessing three additional wells for recompletion after the gas analysis of the initial two wells is completed [5] - The analysis will provide insights into the geology and helium flow characteristics, aiding in efficient capital use for future projects [5] Company Overview - Altura Energy Corp. is an exploration and production company with interests in the Holbrook basin of Arizona [6]
Altura Energy Begins Recompletion Work on the First Two of Eight Wells
Newsfile· 2025-10-27 11:30
Core Viewpoint - Altura Energy Corp. has initiated recompletion work on the first two of eight Helium wells in northeast Arizona, with the aim to evaluate and potentially restore production after previous failures [1][2]. Group 1: Recompletion Work - The recompletion efforts for the first two wells are scheduled to begin on October 27, 2025, with a workover rig already on site [1][3]. - The workovers are expected to take approximately 5 to 10 days per well, including the time required to move the rig between wells [3]. Group 2: Well Performance and Evaluation - Altura acquired a 50% interest in the eight Helium wells, which had previously ceased production shortly after connecting to the plant, and has since consolidated a 100% interest to operate all wells [2]. - The company will assess whether production issues are due to easily correctable problems or if more significant investments are necessary for restoration [2]. Group 3: Company Overview - Altura Energy Corp. is an exploration and production company focused on the Holbrook basin in Arizona [4].