Altair Announces Results of Special Meeting of Shareholders
Altair Announces Results of Special Meeting of Shareholders
VANCOUVER, BRITISH COLUMBIA – April 15th 2019: 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 at the special meeting of the shareholders
of Altair held April 12, 2019, the following resolutions were passed by disinterested shareholders of the
Company:
(i) an ordinary resolution approving the creation of a new “Control Person” of the Company (as
that term is defined in the TSX Venture Exchange Corporate Finance Manual), resulting from
the acquisition of securities by Maleksultan Dhanani and Zahir Dhanani through a private
placement financing being conducted by the Company , the terms of which are described in
the Company’s news release dated February 25, 2019; and
(ii) a special resolution approving the sale of the Company’s U.S. subsidiary, Altair Mining Inc. , to
International Silver Inc., the terms of which are described in the Company’s news release
dated February 22, 2019.
The above financing and sale of the Company’s U.S. subsidiary remain 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.
Forward Looking Statement Caution
Certain information contained in this news release constitutes “forward -looking information” or “forward -looking
statements” (collectively, “forward -looking information”). Without limiting the foregoing, such forward -looking
information includes statements regarding the TSX Venture Exchange’s approval of the sale of Altair Mining Inc.
There can be no assurance that the Company will proceed to satisfy the conditions necessary to complete the
acquisition of the Plant, including obtaining legal title to the Plant and completing the cash payment and the
issuance of the Consideration Shares. In this news release, words such as “may”, “would”, “could”, “will”, “likely”,
“believe”, “expect”, “anticipate”, “intend”, “plan”, “estimate” and similar words and the negative form thereof are
used to identify forward looking information. Forward looking information should not be read as guarantees of
future performance or results, and will not necessarily be accurate indications of whether, or the times at or by
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which, such future performance will be achieved. Forward -looking information is based on information available at
the time and/or the Company management’s good faith belief with respect to future events and is subject to
known or unknown risks, uncertainties, assumptions and other unpredictable factors, many of which are beyond
the Company’s control. For additional information with respect to these and other factors and assumptions
underlying the forward- looking information made in this news releas e, see the Company’s most recent
Management’s Discussion and Analysis and financial statements and other documents filed by the Company with
the Canadian securities commissions and the discussion of risk factors set out therein. Such documents are
available at www.sedar.com under the Company’s profile and on the Company’s website,
http://www.altairresources.com/. The forward -looking information set forth herein reflects the Company’s
expectations as at the date of this news release and is subject to change after such date. The Company disclaims
any intention or obligation to update or revise any forward- looking information, whether as a result of new
information, future events or otherwise, other than as required by law.