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Altima Energy Inc. Announces Issuance of Cease Trade Order
Newsfileยท2025-09-07 17:20

Core Viewpoint - Altima Energy Inc. has received a cease trade order from the British Columbia Securities Commission due to the company's failure to file required financial documents, resulting in a suspension of trading on the TSX Venture Exchange [1][2]. Company Summary - Altima Energy Inc. is an oil and gas exploration and production company based in Vancouver, focusing on hydrocarbon asset development across North America [4]. - The company aims to enhance shareholder returns through efficient resource development and operational excellence [4]. Current Situation - The cease trade order was effective from September 3, 2025, and trading was suspended on September 4, 2025, due to ongoing technical issues preventing the completion of necessary filings [1][2]. - The company is working with auditors to complete the required filings by the end of October 2025, after which the cease trade order can be revoked [2]. Future Outlook - The company plans to provide updates regarding the status of the required filings as appropriate [3].