Altima Energy Updates on MCTO Status and Secures $5.5M Financing.
ByAinvest
Saturday, Aug 2, 2025 1:06 am ET1min read
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Altima Energy has provided an update on its MCTO status and secured $5.5M financing from a private placement. The MCTO was issued due to a delay in filing required financial documents, but the company expects to complete the filings by August 29, 2025. The financing will repay a $2.3M loan and enhance the company's financial stability and operational continuity, impacting its market positioning and stakeholder confidence.
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