Altair Provides Update on Financing

Altair Resources

Vancouver, BC – November 27, 2009: Altair Ventures Incorporated (TSX-V: AVX) announces that the second tranche of its $750,000 non-brokered private placement financing first announced on October 9, 2009 is expected to close by no later than December 15, 2009.

For further information please contact Fayyaz Alimohamed at (604) 641-1305, fax at (604) 688-8309 or e-mail fayyaz@altairventuresinc.com.

ON BEHALF OF THE BOARD
Fayyaz Alimohamed, President & CEO

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 News Release.