Vancouver, British Columbia – June 24, 2021: ALTAIR RESOURCES INC. (“ALTAIR” or the Company”) (TSX‑V: AVX; Germany FRA: 90A; ISIN: CA02137W2004; WKN: WKN A2ALMP) Mr. George S. Young, Chairman and CEO, is pleased to report that at the Company’s Annual General Meeting of Shareholders held on June 24, 2021, Messrs. George S. Young, Wayne Koshman, Michael Nelson and John G. Booth were elected as directors for the ensuing year. The shareholders also passed all other resolutions including an ordinary resolution to ratify the Company’s stock option plan, pursuant to which the Company may grant stock options up to 10% of its issued and outstanding common shares at the time of the grant.
Following the shareholders meeting, the Board appointed Mr. George S. Young as Board Chair, President and Chief Executive Officer and Mr. Jack Cartmel as Chief Financial Officer of the Company. Messrs. Booth (Chair), Koshman and Nelson were appointed to the audit committee.
About Altair Resources Inc.
Altair is a gold and precious metals exploration company with rights to acquire a 65-per-cent interest in the Simon gold and silver property located in the state of Nevada. A past producer the Simon property presents an excellent opportunity for adding value, employing low-cost exploration activities to identify prime drilling sites in six anomalous zones previously identified with gold, silver and copper mineralization. The Simon property lies within the region that hosts the prolific Tonopah district, the Round Mountain gold mine and numerous other successful mining projects.
Altair is also continuing with its consideration and negotiations on other properties. The company is evaluating the potential to acquire producing precious-metal and non-ferrous metal opportunities in North and South America and Africa, in addition to Kazakhstan and central Asia.
Information of a technical and scientific nature that forms the basis of the disclosure in this press release has been prepared and approved by Dr. Stewart A Jackson, a Qualified Person, under National Instrument 43-101, and independent consultant of Altair Resources Inc.
For further information:
George S. Young
Chairman, CEO, Altair Resources Inc.
+1 (806) 886- 3317
[email protected], www.altairresources.com
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 release.
