Vancouver, BC – June 5, 2007, Altair Ventures Incorporated (“Altair”) (TSX-V: AVX). Altair is pleased to announce the appointment of Kareen McKinnon to the position of Vice President, Corporate Development.
Ms. McKinnon has a background in investment banking (with Nesbitt Burns) and has worked for a number of junior resource companies, including North American Gold and Robert Friedland’s Diamond Fields Resources. Ms. McKinnon was most recently the Vice President, Corporate Development of White Knight Resources and Mansfield Minerals where she was responsible for raising the profile of the companies in the investment community, and was part of the team that facilitated the takeover of White Knight by Robert McEwen’s US Gold.
Altair’s President and CEO, Fayyaz Alimohamed, stated, “We are extremely pleased to have Kareen join us as Altair enters a new phase in its development following its Qualifying Transaction. Kareen’s contacts and track record in the investment community will ensure that the Company achieves a high degree of visibility.”
Pursuant to Altair’s Stock Option Plan, Ms. McKinnon has been granted incentive stock options to purchase up to 125,000 common shares of Altair for a period of 2 years at an exercise price of $0.65 per share.
For further information please visit the Altair’s website at www.altairventures.ca or contact Kareen McKinnon, at telephone (604) 638-8967, fax (604) 608-1768 or e-mail [email protected]
ON BEHALF OF THE BOARD
Fayyaz Alimohamed, President & CEO
This release includes certain statements that may be deemed to be “forward-looking statements” . All statements in this release, other than statements of historical facts, that address events or developments that management of Altair expects, are forward-looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements.
Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploration and development successes, continued availability of capital and financing, and general economic, market or business conditions. Please see the public filings of Altair at www.sedar.com for further information.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this News Release.