Altair Extends Private Placement Timeline

Vancouver, BC – March 7, 2008: Altair Ventures Incorporated (“Altair”) (TSXV:AVX). Altair announces that the TSX Venture Exchange has extended the time for filing final closing materials in connection with the private placement financing first announced on January 23, 2008 to provide Altair with extra time to complete its closing documentation. Altair expects to file its final documentation with the Exchange by March 31, 2008. The private placement remains subject to compliance with applicable securities laws and the acceptance of the TSX Venture Exchange.

For further information please contact Kareen McKinnon at (604) 764-2385, fax at (604) 688-8309 or e-mail [email protected]



(signed) “Fayyaz Alimohamed”

Fayyaz Alimohamed, President & CEO


The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this News Release.