TORONTO, Sept. 05, 2025 (GLOBE NEWSWIRE) — Altai Resources Inc. (TSXV: ATI) (“Altai” or the “Company”) announced today that in connection with the Company’s claim filed in the Superior Court of Quebec (the “Court”) in 2022 (the “Claim”) against the Ministry of Energy and Natural Resources (Quebec), the Government of Quebec, as represented by the Attorney General of Quebec, and the Attorney General of Quebec (collectively, the “Defendants”), seeking compensatory damages from the Defendants for the expropriation in 2022 of the Company’s oil and gas exploration assets in Quebec (the “Expropriation”), the Company’s legal counsel has voluntarily ceased to represent the Company in regard to the Claim and the Company has declined to appoint a new legal counsel, in view of the crippling financial burden of this litigation. Although the Company believes that it has suffered from the oppressive actions of the Defendants, the Company also believes that seeking justice in Quebec against the Defendants is futile. Notwithstanding that the Company no longer has legal representation, the Company has not received any notifications from the Court, or from the Defendants, regarding any changes to the status of the Claim.
