Altair Amends Terms of Non-Brokered Private Placement

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ALTAIR AMENDS TERMS OF NON-BROKERED PRIVATE PLACEMENT

VANCOUVER, BRITISH COLUMBIA – JULY 7, 2016: ALTAIR RESOURCES INC. (“Altair” or the “Company”) (TSX-V: AVX; Germany FRA: 90A; ISIN: CA02137W1014; WKN: WKN A2ALMP) Mr. John Huguet, Chairman of the Board, announces that the terms of the non-brokered privated placement previously announced on June 20, 2016 have been amended such that the purchase price of each unit is now $0.20 and the exercise price of the warrants is now $0.25. All other terms of the private placement remain the same. The financing remains subject to the approval of the TSX Venture Exchange.

To learn more about Altair, please visit http://altairresources.com.

ON BEHALF OF THE BOARD,

“John Huguet”

John Huguet, FCPA, FCMA Chairman and Independent Director

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 release.