Altair Announces Closing of $3.5 Million Financing

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RESOURCES INC

ALTAIR ANNOUNCES CLOSING OF $3.5 MILLION FINANCING

VANCOUVER, BRITISH COLUMBIA – MAY 26 , 2017: ALTAIR RESOURCES INC. (“Altair” or the

“Company”) (TSX-V: AVX; Germany FRA: 90A; ISIN: CA02137W1014; WKN: WKN A2ALMP) Mr. Harold

(Roy) Shipes, President and CEO, is pleased to announce that further to the Company’s news releases

dated April 5, 2017 and April 11, 2017, the Company has completed the final tranche of its non -

brokered private placement financing by issuing 6,950,000 units (the “Units”) of the Company, at a price

of $0.20 per Unit, for gross proceeds of $1,390,000. In aggregate, the Company issued 17,500,000 Units

for gross proceeds of $3,500,000. Each Unit comprised one c ommon share and one common share

purchase warrant (a “Warrant”). Each Warrant entitles the holder to purchase an additional common

share of the Company at a price of $0.2 6 per share for a period of three years from closing. The

Company has paid to a number of finders, including Industrial Alliance Securities , finders’ fees totaling

$180,180 in cash, 900,900 finder’s fee warrants and 280,000 common shares of the Company . The

finder’s fee warrants are non-transferable and have the same terms as the private placement warrants.

All securities issued have a hold period of four months plus a day from the date of issuance. Proceeds

will be used for working capital, exploration and development activities and asset acquisitions.

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

ON BEHALF OF THE BOARD,

“Harold Shipes”

Harold Shipes, 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 release.