Altair Closes First Tranche of Private Placement

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RESOURCES INC

ALTAIR CLOSES FIRST TRANCHE OF PRIVATE PLACEMENT

VANCOUVER, BRITISH COLUMBIA – April 1 1, 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 the Company has completed a first

tranche closing of its non -brokered private placement financing announced on April 5, 2017, by issuing

a total of 10,550,000 units (the “Units”) of the Company, at a price of $0.20 per Unit, for gross proceeds

of $2,110,000. Each Unit comprised 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 $0.2 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 in cash, warrants and /or

common shares of the Company on this first tranche closing.

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.