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An update from Altai Resources ( (TSE:ATI) ) is now available.
Altai Resources Inc. announced the completion of a special cash distribution of $0.06 per common share, totaling approximately $3.4 million, funded from the company’s cash reserves. Following this distribution, Altai remains debt-free with approximately $0.7 million in cash and cash equivalents, reflecting a strategic move to enhance shareholder value.
More about Altai Resources
Altai Resources Inc. is a Toronto, Ontario-based resource company with a Canadian investment portfolio primarily consisting of cash and cash equivalents.
Average Trading Volume: 205,441
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$1.68M
For a thorough assessment of ATI stock, go to TipRanks’ Stock Analysis page.