TORONTO, ONTARIO--(Marketwire - June 25, 2009) - Altai Resources Inc. (TSX VENTURE:ATI)(US Sec. Rule 12g3-2(b) File # 82-2950) ("Altai") is pleased to announce that at the 2009 Annual Meeting of the Shareholders held on June 22nd in Toronto, the following directors were re-elected: Dr. Niyazi Kacira, as President and Director, along with Dr. K. Sethu Raman, Rejean Paul P.Eng., Dr. Didier Pomerleau as Directors, and Maria Au MBA, CGA as Secretary-Treasurer and Director.
The Earn-in Option Agreement signed with RJK Explorations Ltd. ("RJK") in 2008 re Altai's oil and gas permit in Sept-Iles, Quebec ("Agreement") has been terminated by RJK in May 2009 with RJK not earning any interest in the oil and gas permit and not having fulfilled all its obligations per Agreement at termination. Altai is proceeding on its own with a work program on the Permit in June 2009.
ALTAI RESOURCES INC. IS A RESOURCE COMPANY WITH A PORTFOLIO OF OIL AND GAS (IN THE ST. LAWRENCE LOWLANDS, QUEBEC), GOLD, NICKEL AND SULPHUR PROPERTIES IN CANADA AND THE PHILIPPINES.
We Seek Safe Harbour.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
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