Altima Resources Ltd. has successfully closed a Purchase and Sale Agreement with Uriel Gas Holdings Corp. to acquire substantial natural gas and oil assets in Alberta, Canada. This strategic acquisition solidifies Altima's expansion into the conventional light oil fairways within Alberta, enhancing the company's position as a key player in the energy sector. The acquisition includes extensive acreage, key infrastructure, proven reserves, and significant growth potential, providing Altima with the ability to streamline production and increase profitability in Alberta’s energy sector.