Altair Appoints Harold Shipes as CEO

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ALTAIR APPOINTS HAROLD SHIPES AS CEO

VANCOUVER, BRITISH COLUMBIA – FEBRUARY 7TH 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 Chief Operating Officer of Altair Resources Inc., yesterday announced the

sudden and tragic passing of Mr. John Huguet, Chairman and Chief Executive Officer of Altair Resources.

Said Mr. Shipes “With Mr. Huguet’s passing, the Company lost one of the finest mining executives and a

genuine leader and consummate gentleman. John will be missed as his passing is a loss and again I want

to pass on my condolences to John’s family.”

The Board has now appointed Mr. Shipes as Chief Executive Officer of the Company and will work to

continue the acquisition, exploration and development programs initiated by Mr. Huguet without

interruption and with the assistance of the Company’s Board, Ad visory Board and extremely capable

staff. Mr. Shipes is a metallurgical and mining engineer who brings a wealth of experience, global

perspective and keen sense of shareholder value to the board of Altair Resources. Mr. Shipes has 44

years mining experienc e in senior positions in base and precious metals production, engineering, and

project development management around the world. Mr. Shipes has extensive experience in acquisition

and development of projects in the United States, Canada, Peru, Papua New Gui nea, Australia,

Honduras, Bolivia, Ireland, Mexico and Venezuela. He has served as vice -president and general manager

of operations of Southern Peru Copper Corp., one of the largest copper producers in the world, and as

chief executive officer and general manager of Ok Tedi Mining Ltd., where he developed one of the

largest copper mines in the world.

Mr. Shipes added: “I would like to express my thanks to the Board for this appointment and will work to

continue with John’s vision for the Company and I look forward to the challenge.”

ON BEHALF OF THE BOARD,

“Harold Shipes”

Harold Shipes, President & CEO

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Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.