Altai Resources Inc. is a Canada-based natural resource exploration and development company focused on oil, natural gas, and gold properties. It holds 100% interest in the Sorel-Trois Rivieres natural gas property in the heart of the St. Lawrence Lowlands Utica Shale gas play in Quebec, comprising five permits totaling 68,483 hectares with potential for hydrocarbon production and storage, and retains a 15% gross royalty in an adjoining 12,334-hectare permit. The company also maintains a 45% working interest in the Cessford oil producing property covering 240 acres of Alberta Crown leases in central Alberta, and a 50% interest in the Malartic gold property consisting of six claims spanning 127.6 hectares in the Val d’Or area of Quebec. Complementing its resource assets, Altai Resources Inc. holds a Canadian investment portfolio of cash, cash equivalents, and marketable securities. Headquartered in Toronto, Ontario, and incorporated in 1955, it operates within the energy and mining sectors, targeting opportunities in conventional and unconventional hydrocarbon plays as well as precious metals exploration.
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