Altai Declares Special Cash Distribution to Shareholders
Core Points - Altai Resources Inc. has announced a special cash distribution of $0.06 per common share, totaling approximately $3.4 million, following shareholder approval for a reduction of the stated capital account [1][2] - The special cash distribution will be paid to holders of common shares recorded by October 2, 2025, with payment scheduled for October 9, 2025 [2] - The common shares will trade on a "due bill" basis starting October 3, 2025, and will trade "ex-distribution" from October 10, 2025 [2] Company Overview - Altai Resources Inc. is based in Toronto, Ontario, and has an oil property in Alberta along with a Canadian investment portfolio consisting of cash and cash equivalents [3]