Entries by Ullrich Schade

Altima Completes Red Earth Property Acquisition and Provides August Workover and Production Results

Vancouver, British Columbia, September 16, 2025. Altima Energy Inc. (“Altima” or the “Company”) (TSXV: ARH) (OTC:ARSLF) reports that it has completed its arms-length acquisition and integration of the Red Earth Property in Northern Alberta (the “Red Earth Acquisition”) which is located in close proximity to the Company’s existing Red Earth assets (collectively, the “Red Earth Assets”) for a total consideration of CAD $1,050,000. Production has now commenced from Alitma’s collective assets.

Altima Announces Issuance of Cease Trade Order

Vancouver, British Columbia, September 7, 2025. Altima Energy Inc. (“Altima” or the “Company”) (TSXV:ARH • OTC Pink:ARSLF • AKC1.BE) announces that the British Columbia Securities Commission issued a cease trade order against the Company effective September 3, 2025, as the Company has been unable to file its audited annual financial statements.

Altima Energy Inc. Closes Non-Brokered Private Placement for Gross Proceeds of $5,500,000

Vancouver British Columbia – August 7, 2025 – Altima Energy Inc. (TSXV:ARH • OTC Pink:ARSLF • AKC1.BE) is providing a management cease trade order (“MCTO”) announces that it has received conditional approval from the TSX Venture Exchange (the “Exchange”) and has closed its previously announced non-brokered private placement offering of $5,500,000 (the “Financing”).

Altima Energy Provides MCTO Status Update and Conditional Acceptance to Close Financing for Gross Proceeds of $5,500,000

August 1, 2025 – Vancouver BC – Altima Energy Inc. (TSXV:ARH • OTC Pink:ARSLF • AKC1.BE) (the “Company” or “Altima”) is providing a management cease trade order (“MCTO”)  default status report in accordance with National Policy 12-203 – Management Cease Trade Orders (“NP 12-203”) as well as receiving conditional approval from the TSX Venture Exchange (the “Exchange”) to close the previously announced private placement for a total of  $5,500,000 (the “Financing”).

Altima Energy Provides Bi-Weekly MCTO Status Update and Corporate Update

July 16, 2025 – Vancouver BC – Altima Energy Inc. (TSXV:ARH • OTC Pink:ARSLF • AKC1.BE) (the “Company” or “Altima”) is providing a bi-weekly default status report in accordance with National Policy 12-203 – Management Cease Trade Orders (“NP 12-203”) as well as a corporate update on its proposed target acquisitions in Northern Alberta and the status of the previously announced private placement for up to $5,500,000 (the “Financing”).

Altima Energy Provides Company Update

January 22, 2025 – Vancouver BC – Altima Energy Inc. (TSXV: ARH • OTC Pink: ARSLF • AKC1.BE) (the “Company” or “Altima”) the Company would like to announce the appointment of Mr. Ronald Hughes to the Board of Directors, taking the place of Jurgen Wolf, who has notified the Company of his desire to retire from active involvement.

Altima Energy Announces Strategic Expansion in Richdale Production Area

January 15, 2025 – Vancouver BC – Altima Energy Inc. (TSXV:ARH • OTC Pink:ARSLF • AKC1.BE) announces the successful acquisition (“Acquisition”) of Crown Petroleum and Natural Gas lease tracts totaling 1,408 hectares (3,479 acres) offsetting the Richdale operated field, located in Eastern Alberta.

Altima Resources Changes Name to Altima Energy

Vancouver, British Columbia – Deember 2, 2024 – Altima Resources Ltd. (TSXV:ARH • OTC Pink: ARSLF • AKC1.BE) (the “Company” or “Altima”) is pleased to announce that the Company will change its name from Altima Resources Ltd. to “Altima Energy Inc.” as permitted by the relevant regulatory authorities and approved by the directors. The name change is to be effective December 6, 2024.

Altima Announces Strategic Asset Acquisition in Alberta, Canada

Vancouver, British Columbia – September 25, 2024 – Altima Resources Ltd. (TSXV:ARH • OTC Pink: ARSLF • AKC1.BE) (the “Company” or “Altima”) is pleased to announce the closing of a Purchase and Sale Agreement dated August 30, 2024 (“the PSA”) with Uriel Gas Holdings Corp. (“Uriel”) with an effective date of August 1, 2024 pursuant to which Altima has acquired the Assets (as herein after defined) for a price of $450,000 (the “Purchase Price”) payable in cash (paid).