Altair Resources Inc (C:AVX)
Shares Issued 16,896,379
Last Close 6/8/2016 $0.365
Thursday June 9 2016 – News Release
Mr. John Huguet reports
ALTAIR ACQUIRES KINO LITHIUM PROPERTY IN QUEBEC
Altair Resources Inc., further to the company’s press release dated May 18, 2016, has received the acceptance of the TSX Venture Exchange and has completed its acquisition of 100 per cent of the shares of West Georgia Lithium Exploration Inc. (West Georgia Co.), a private British Columbia corporation, whose sole asset is a mineral claim block, known as the Kino lithium property, which covers an areas of 2,139 hectares (21.39 square kilometres) located in the Abitibi area of the province of Quebec. In consideration for the acquisition of West Georgia Co., the company made a payment of $10,000 in cash and issued an aggregate of 300,000 common shares in the capital of the company to the vendor. The company also paid a finder’s fee of 30,000 common shares to an arm’s-length party to the company. Further details about the property can be found in the company’s news release dated May 18, 2016.