Altima Announces Change of Officer

VANCOUVER, BC / ACCESSWIRE / October 31, 2016 / Altima Resources Ltd. (TSXV: ARH) (FSE: AKC) (OTC Pink: ARSLF) announces that Joe DeVries has been appointed as Interim Chief Executive Officer and President of the Company, replacing Richard Switzer, who has notified the Company of his desire to retire from active involvement. The Company wishes to thank Mr. Switzer for his ten years of service as CEO, President and director.

For clarification, the Company’s Officers and Directors are currently comprised of the following:

Joe DeVries, Interim President and Chief Executive Officer, and Director
Richard Barnett, Secretary and Chief Financial Officer
Jim O’Byrne, Chairman and Director
Stephen Watts, Director
Jurgen Wolf, Director

ON BEHALF OF THE BOARD

SIGNED: “Richard Barnett”

Richard Barnett, CFO
Contact: (604) 336-8610

Neither the 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.

This news release includes certain forward-looking statements or information. All statements other than statements of historical fact included in this release are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s plans or expectations include risks relating to: availability of capital and financing required to continue the Company’s exploration and development plans; general economic, market or business conditions; the actual results of current and planned exploration activities; fluctuating commodity prices; risks associated with property option agreements, leases, joint ventures and the ability to conclude joint venture agreements on favorable terms; possibility of accidents, equipment breakdowns and delays during exploration; exploration cost overruns or unanticipated costs and expenses; regulatory changes and restrictions including in relation to environmental liability; timeliness of government or regulatory approvals and other risks detailed herein and from time to time in the filings made by the Company with securities regulators. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise except as otherwise required by applicable securities legislation.

SOURCE: Altima Resources Ltd.

ReleaseID: 448015