Altair Resources Inc (C:AVX)
Shares Issued 31,956,501
Last Close 2/6/2017 $0.43
Monday February 6 2017 – News Release
Mr. Harold Shipes reports
ALTAIR APPOINTS HAROLD SHIPES AS CEO
John Huguet, chairman and chief executive officer of Altair Resources Inc., has passed away. Said Harold (Roy) Shipes, president and chief operating officer, “With Mr. Huguet’s passing, the Company lost one of the finest mining executives and a genuine leader and consummate gentleman. John will be missed as his passing is a loss and again I want to pass on my condolences to John’s family.”
The Board has now appointed Mr. Shipes as Chief Executive Officer of the Company and will work to continue the acquisition, exploration and development programs initiated by Mr. Huguet without interruption and with the assistance of the Company’s Board, Advisory Board and extremely capable staff. Mr. Shipes is a metallurgical and mining engineer who brings a wealth of experience, global perspective and keen sense of shareholder value to the board of Altair Resources. Mr. Shipes has 44 years mining experience in senior positions in base and precious metals production, engineering, and project development management around the world. Mr. Shipes has extensive experience in acquisition and development of projects in the United States, Canada, Peru, Papua New Guinea, Australia, Honduras, Bolivia, Ireland, Mexico and Venezuela. He has served as vice-president and general manager of operations of Southern Peru Copper Corp., one of the largest copper producers in the world, and as chief executive officer and general manager of Ok Tedi Mining Ltd., where he developed one of the largest copper mines in the world.
Mr. Shipes added: “I would like to express my thanks to the Board for this appointment and will work to continue with John’s vision for the Company and I look forward to the challenge.”
