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Bullboard - Stock Discussion Forum Altai Resources Inc V.ATI

Alternate Symbol(s):  ARSEF

Altai Resources Inc. is a Canada-based natural resource exploration and development company. The Company has a portfolio of natural gas, oil, and gold properties in Canada. It has two natural resource properties, all in Canada. Two of the properties, both in Quebec, are in the exploration stage. The Company has approximately a 45% net working interest in an oil-producing property in southern... see more

TSXV:ATI - Post Discussion

Altai Resources Inc > waiting, waiting
View:
Post by rarihokwats on Jun 10, 2023 6:24am

waiting, waiting

Patience indeed needed. We wait for this:
In March 2022, the Company filed a claim in the Superior Court of Quebec against the Minister of Energy and Natural Resources of Quebec and the Quebec Government, as represented by the Attorney-General for Quebec (collectively the “Defendants”) to defend the Company’s rights and to seek compensation from the Defendants for the illegal expropriation of its Quebec oil and gas licences by the Defendants by the enactment of the Petroleum Resources Act and its Regulations, the Defendants’ subsequent unlawful application of same, and their intended completion of this illegal expropriation with Bill 21. To date, the said claim is ongoing.
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