- Altima Resources (ARH) has closed a private placement for gross proceeds of $300,000
- The company issued a total of 6,000,000 units at $0.05 per unit
- Proceeds will be used to complete reserve reports, annual audit filing statements and general working capital
- Altima Resources is an energy company focused on exploring and developing petroleum and natural gas in Canada
- Altima Resources Ltd. (ARH) opened trading at C$0.04
Altima Resources (ARH) has closed a private placement for gross proceeds of $300,000.
The company issued a total of 6,000,000 units at $0.05 per unit. Each unit consists of one common share and one share purchase warrant. Each warrant entitles the holder to purchase one additional common share on or before June 8, 2024.
All shares issued will be subject to a hold period expiring on October 8, 2022.
Proceeds will be used to complete reserve reports, annual audit filing statements and general working capital.
Altima Resources is an energy company focused on exploring and developing petroleum and natural gas in Canada.
Altima Resources Ltd. (ARH) opened trading at C$0.04.