Vancouver, BC – August 13, 2010: Altair Ventures Incorporated (“Altair” or the “Company”) (TSX-V: AVX) is pleased to announce the appointment of Mr. Justin Schroenn as an Investor Relations Consultant, subject to TSX Venture Exchange approval. Mr. Schroenn is an investor relations professional with over 18 years of experience providing investor relations and marketing services. He has been retained for a period of one year, and will be responsible for the dissemination of corporate data packages, broker presentations, broker communications, mining analyst communications, attending trade shows and handling all shareholder enquiries regarding the Company. He will receive $4,000.00 (plus HST) per month in remuneration and the Company has granted to him, under its Stock Option Plan, an incentive stock option to purchase up to 150,000 common shares in the capital of the Company exercisable for a period of five years at a price of $0.10 per share. The option will vest as to 25% every three months until fully vested.
For further information please contact Fayyaz Alimohamed at (604) 641-1305, fax at (604) 688-8309 or e-mail [email protected].
ON BEHALF OF THE BOARD
“Fayyaz Alimohamed”
Fayyaz Alimohamed, President & CEO
Neither 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 News Release.