Vancouver, BC – August 14, 2014: Altair Gold Inc. (“Altair” or the “Company”) (TSX-V: AVX) is pleased to announce that it reached an agreement (the “Third Amending Agreement”) with Sultan Minerals Inc. (“Sultan”) to further amend the option agreement dated December 30, 2011 (as amended), between the Company and Sultan granting the Company an option to earn up to a 75% interest in the Kena gold project near the town of Nelson in southeastern British Columbia (the “Option Agreement”).
Pursuant to the Third Amending Agreement, the due date for the June 30, 2014 cash payment of $300,000 has been deferred to September 30, 2014, and the deadline for the 2014 work commitment of $650,000 has been extended to December 31, 2015. All other terms of the Option Agreement remain unchanged.
For further information please contact Fayyaz Alimohamed at 604 641 1305, or e-mail [email protected].
Altair Gold Inc.
Fayyaz Alimohamed, President & CEO
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