January 4, 2016
Vancouver, British Columbia
Altair Gold Inc. (“Altair”) -AVX: TSX-V.
An anonymous director of Altair reports
ACQUISITION OF SECURITIES OF ALTAIR GOLD INC.
Further to disclosure requirements of applicable securities laws, a director and insider, Zahir Dhanani., on December 31st 2015, bought 10,000 Altair Gold Inc. shares at a price of $0.155 per share.
The 2,432,500s hares acquired by Zahir Dhanani represents approximately 14.40 per cent of the issued and outstanding common shares of the company which is 16,896,379.
In addition, Mr. Dhanani beneficially holds 3,029,333 warrants. Assuming the exercise of the warrants, Mr. Dhanani would hold 5,461,833 common shares, which would represent approximately 32.33 per cent of the issued and outstanding common shares of the company.
The units were acquired for investment purposes. Mr. Dhanani may acquire additional securities or dispose of existing securities on the basis of the Mr. Dhanani’s assessment of market conditions and in compliance with applicable securities regulatory requirements.
ON BEHALF OF THE BOARD OF DIRECTORS
Zahir Dhanani, CEO
For further information, contact Zahir Dhanani at 604.248.5175 or via email at [email protected].
Neither the 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.
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES
