Altair Announces Non-Brokered Private Placement To Raise $1.5 Million
Altair Announces Non-Brokered Private Placement To Raise $1.5 Million
VANCOUVER, BRITISH COLUMBIA – JUNE 15, 2018: ALTAIR RESOURCES INC. (“ALTAIR” or the
Company”) (TSX-V: AVX: Germany FRA: 90A; ISIN: CA02137W1014; WKN: WKN A2ALMP) Mr. Harold
(Roy) Shipes, Chairman and CEO , is pleased to announce that the Company has arranged a non- brokered
private placement of up to 30,000,000 units (the “Units”), at a price of $0.05 per Unit, to raise gross proceeds
of up to $1,500,000. Each Unit comprises one common 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 $0.10 per share for a period of two years from closing. F inders’ fees may be payable on a portion of
the private placement and i nsiders may participate in the financing. Net proceeds will be used to fund
expenditures for the Company’s Pioche project in Nevada and for working capital. All securities issued will be
subject to a hold period of four months plus a day from the date of closing. The financing is subject to the
approval of the TSX Venture Exchange.
ON BEHALF OF THE BOARD,
"Harold Shipes"
Harold Shipes,
Chairman & 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.