Altair Resources property agreement for Cerepulja
Altair Resources Inc (C:AVX)
Shares Issued 32,081,501
Last Close 2/27/2017 $0.325
Monday February 27 2017 – Property Agreement
The TSX Venture Exchange has accepted for filing documentation in connection with an option agreement between Altair Resources Inc. and Mustafe Havolli, under which Altair agreed to acquire 90 per cent of the shares of AGJA SHPK, a privately owned company registered in Kosovo from Mr. Havolli. AGJA owns a zinc-lead-silver project in Kosovo named Cerepulja. Under the terms of the agreement, Altair may earn its 90-per-cent ownership interest by paying a total of $300,000 in staged payments. The exchange has been advised that all required payments have been made and the option has been exercised.
Altair paid a finder’s fee of $15,000 to Aylin Aksu Cecen.