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]

Group 1 - Altai Resources Inc. has sold its 50% working interest in the Cessford Oil Wells Property in Alberta to Canadian Natural Resources Limited for a net liability settlement of $50,674 [1] - The net liability settlement includes both the sale of the asset and the settlement of the liability portion, resulting in a gain of $111,728, which is approximately 69% over the company's decommissioning liability [1] - The transaction was completed through an inter-bank cash transfer from Altai to CNRL [1] Group 2 - 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]

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]

Core Viewpoint - Globex Mining Enterprises Inc. has acquired a 100% interest in the Blackcliff Gold Mine Property by purchasing a 50% stake from Altai Resources Inc. for $142,000, enhancing its portfolio in a strategically significant area of Quebec [1][2]. Group 1: Acquisition Details - The Blackcliff Gold Mine Property consists of six claims totaling 127.6 hectares located in Malartic Township, Quebec [1]. - The property is adjacent to the former Camflo Gold Mine, which had a reported resource of 8,862,240 tonnes grading 5.78 g/t Au, and is approximately 6 kilometers northeast of Agnico Eagle Mines Ltd.'s Canadian Malartic Mine [2]. Group 2: Historical Exploration - The Blackcliff Gold Deposit was discovered in 1944, with various shallow drilling campaigns conducted since then, including the establishment of a shaft and drifts in 1947 [3]. - In 1987-88, Essor Exploration conducted a 12-hole, 3,050-meter diamond drill program, which improved the understanding of mineralization and resource evaluation on three of the 14 known veins [4]. Group 3: Resource Estimates - Historical resource estimates indicated probable and possible resources across three veins, with grades ranging from 2.42 g/t Au to 34.29 g/t Au [5][6]. - A subsequent estimate in 1989 reinterpreted the vein structures and calculated a total probable resource of 135,406 tonnes grading 6.89 g/t Au and a possible resource of 120,566 tonnes grading 6.50 g/t Au [7]. Group 4: Exploration Potential - The geological structure of the Blackcliff property shows potential for further exploration, particularly below 300 meters, where previous drilling has been limited [9]. - Globex plans to evaluate the property in light of current strong gold prices and develop an exploration plan to assess the size potential of the Blackcliff gold zone [9].

Group 1 - Altai Resources Inc. has sold its 50% working interest in the Malartic Gold Property in Quebec to Globex Mining Enterprises Inc. for a cash consideration of $142,000 [1] - The sale price represents a premium of $18,289, approximately 15%, over the carrying value of the property as per the latest interim financial statements [1] Group 2 - 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 [2]

Core Viewpoint - Altai Resources Inc. has completed the repositioning of its Canadian investment portfolio to enhance liquidity and eliminate equity market risk [1][2]. Group 1: Repositioning Details - The repositioning involved the sale of all marketable securities and reinvestment of net cash proceeds into cash and cash equivalents [1]. - The total market value of the newly structured Investment Portfolio is approximately $3.9 million [2]. - The market value of the Investment Portfolio per common share is approximately $0.07, based on 56,033,552 issued and outstanding common shares [2]. Group 2: Company Overview - Altai Resources Inc. is based in Toronto, Ontario, and has a producing oil property in Alberta and an exploration gold property in Quebec [3]. - The company’s investment portfolio is now entirely comprised of cash and cash equivalents [2].