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Altima Vitality Inc. (TSXV: ARH,OTC:ARSLF) (OTC Pink: ARSLF) (“Altima” or the “Firm”) The Firm and its auditors proceed to work on finishing its audited annual monetary statements, administration’s dialogue and evaluation, along with its NI 51-101 disclosure for the yr ended February 28, 2025, the primary quarter ended Might 31, 2025 and the second quarter ended August 31, 2025 (the “Monetary Statements”). Whereas there have been delays on account of technical points referring to the brand new integration of an business system software program used for reporting manufacturing and monetary info, the Firm feels it has made important progress in finalizing the combination of all paperwork and knowledge mandatory to finish the audit; the technical consultants imagine that these points can be resolved quickly. Nonetheless, on account of these continued delays, the stop commerce order (Information Launch, September 7, 2025) stays in impact and the Firm’s securities stay suspended by the TSX Enterprise Change till the Monetary Statements have been filed.
October Oil and Gasoline Manufacturing Outcomes
The Firm additionally studies that within the month of October it produced from its new and current belongings, collectively, Crimson Earth, Richdale, and Chambers Ferrier subject, a complete manufacturing of 6359.19 BOE (1,012.79 m3) of which 82.9% was oil. The Firm continues to construct on the progress made with additional efforts deliberate for a winter workover program is underway to extend manufacturing in each, its Crimson Earth Belongings and its Richdale fields.
About Altima Vitality Inc.
Altima Vitality is a Vancouver-headquartered oil and gasoline exploration and manufacturing firm with a strategic deal with unlocking the potential of hydrocarbon belongings throughout North America. Dedicated to environment friendly useful resource growth, Altima combines cutting-edge know-how and business experience to drive operational excellence and ship sustainable progress. With a deal with long-term worth creation, Altima is devoted to enhancing returns for its shareholders whereas sustaining a disciplined strategy to asset administration.
ON BEHALF OF THE BOARD
SIGNED: “Richard Barnett“
Neither the TSX Enterprise Change nor its Regulation Providers Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Change) accepts duty for the adequacy or accuracy of this launch.
Ahead Statements:
Sure info set out on this information launch constitutes forward-looking info. Ahead-looking statements are sometimes, however not all the time, recognized by way of phrases similar to “search”, “anticipate”, “plan”, “proceed”, “estimate”, “count on”, “might”, “will”, “intend”, “might”, “may”, “ought to”, “imagine” and related expressions. Specifically, this information launch accommodates forward-looking statements in respect of amongst different issues, the timing of submitting of the Firm’s Required Filings, and Firm’s compliance with the MCTO and NP 12-203, the anticipated closing of the personal placement and the anticipated acquisition of a Crimson Earth property. Specifically, this information launch accommodates forward-looking info referring to the anticipated date for submitting the annual monetary statements for the yr ended February 28, 2025, associated administration’s dialogue and evaluation, and associated certifications for the monetary yr ended February 28, 2025, along with its NI 51-101 Disclosure for Oil & Gasoline Actions for the monetary yr ended February 28, 2025. Ahead-looking statements are primarily based upon the opinions and expectations of administration of the Firm as on the efficient date of such statements and, in sure circumstances, info supplied or disseminated by third events. Though the Firm believes that the expectations mirrored in such forward-looking statements are primarily based upon cheap assumptions, and that info obtained from third celebration sources is dependable, they can provide no assurance that these expectations will show to have been right. Readers are cautioned to not place undue reliance on forward-looking statements included on this doc, as there might be no assurance that the plans, intentions or expectations upon which the forward-looking statements are primarily based will happen. By their nature, forward-looking statements contain quite a few assumptions, recognized and unknown dangers and uncertainties that contribute to the likelihood that the predictions, forecasts, projections and different forward-looking statements won’t happen, which can trigger precise ends in future intervals to vary materially from any estimates or projections of future efficiency or outcomes expressed or implied by such forward-looking statements. These dangers and uncertainties embody, amongst different issues, danger components set forth within the Firm’s most up-to-date administration’s dialogue and evaluation underneath the heading “Threat and Uncertainties”, a duplicate of which is filed on SEDAR Plus, at www.SEDARplus.ca, and readers are cautioned that the danger components disclosed therein shouldn’t be construed as exhaustive. These statements are made as on the date hereof and until in any other case required by legislation, the Firm doesn’t intend, or assume any obligation, to replace these forward-looking statements.
To view the supply model of this press launch, please go to https://www.newsfilecorp.com/launch/275420
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