Altai Announces Completion of Special Cash Distribution to Shareholders
Core Points - Altai Resources Inc. has completed a special cash distribution of $0.06 per common share, totaling approximately $3.4 million funded from cash and cash equivalents [1] - The company currently has about $0.7 million in cash and cash equivalents remaining, equating to approximately $0.013 per common share based on 56,033,552 total issued and outstanding shares [1] - Altai Resources Inc. is debt-free as of the current date [1] Company Overview - Altai Resources Inc. is based in Toronto, Ontario, and has a Canadian investment portfolio primarily consisting of cash and cash equivalents [2] - Additional information about the company can be found on SEDAR+ and its official website [2]