Altai Notes Publication of Quebec Draft Hydrocarbon Regulations

2017-09-21 / @nasdaq

TORONTO, Sept.21, 2017(GLOBE NEWSWIRE) -- Altai Resources Inc. (TSX-VENTURE:ATI) (US SEC Rule 12g3-2(b) File # 82-2950) ("Altai" or the "Company") notes that the Ministry of Energy and Natural Resources in Quebec has published on September 20, 2017 the draft regulations to govern oil and gas activities in the province and for the implementation of the Petroleum Resources Act enacted in December 2016. The Company understands that the draft regulations may be implemented with or without amendments after forty-five days of public consultation.

Altai will study the draft regulations in detail and will monitor the progress carefully.

ALTAI RESOURCES INC. IS A RESOURCE COMPANY WITH OIL AND GAS AND GOLD PROPERTIES IN CANADA.

For further information, please contact
Maria Au, Secretary-Treasurer
Tel: (416) 383-1328 Fax: (416) 383-1686
Email: info@altairesources.com Internet: http://www.altairesources.com

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.