Alt Resources has elected to extend the Closing Date of its current IPO to 31 July 2015 to allow for the undertaking of its maiden drill program at the flagship Paupong Project located near Dalgety in south-east New South Wales.
The Company intends to report the results of the maiden drill program when available.
Pursuant to the terms of a $200,000.00 drill funding grant from the New South Wales Government for the New Frontiers drilling initiative the Company is required to complete the funded drill program by 31 August 2015.
Under the terms of the New Frontiers drilling grant, the Company will match the Governments funding of $200,000.
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