Altair Announces Non-Brokered Private Placement To Raise $1.5 Million

Altair Resources

VANCOUVER, BRITISH COLUMBIA – JUNE 15, 2018: ALTAIR RESOURCES INC. (“ALTAIR” or the Company”) (TSX-V: AVX: Germany FRA: 90A; ISIN: CA02137W1014; WKN: WKN A2ALMP) Mr. Harold (Roy) Shipes, Chairman and CEO, is pleased to announce that the Company has arranged a non-brokered private placement of up to 30,000,000 units (the “Units”), at a price of $0.05 per Unit, to raise gross proceeds of up to $1,500,000. Each Unit comprises one common share and one common share purchase warrant (a “Warrant”). Each Warrant entitles the holder to purchase an additional common share of the Company at a price of $0.10 per share for a period of two years from closing. Finders’ fees may be payable on a portion of the private placement and insiders may participate in the financing. Net proceeds will be used to fund expenditures for the Company’s Pioche project in Nevada and for working capital. All securities issued will be subject to a hold period of four months plus a day from the date of closing. The financing is subject to the approval of the TSX Venture Exchange.

ON BEHALF OF THE BOARD,
“Harold Shipes”
Harold Shipes,
Chairman & CEO