GlobeNewsWire
03 Jun 2026, 20:52 UTC · 1h ago
Early Warning News Release of Kursat Kacira, Chairman and CEO/President of Altai Resources Inc.
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GlobeNewsWire
03 Jun 2026, 20:52 UTC · 1h ago
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Story key points
2 claims · impact-rated
Kursat Kacira, Chairman and CEO/President of Altai Resources Inc., has disposed of all 11,100,000 common shares he owned in the company. — A CEO selling their entire equity stake is a strong negative signal suggesting a lack of confidence in the company's future prospects.
-0.80Mr. Kacira's disposal represents a divestment of approximately 19.8% of the total issued and outstanding shares of Altai Resources. — The scale of the sale creates significant downward pressure on the stock price and removes a major supporting stakeholder.
-0.50Ticker attribution
Model heads
The Chairman and CEO has disposed of his entire stake in the company, which is typically viewed as a lack of confidence by the market.
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