Altair Resources Announces Marc Maglione Joins Its Board of Directors
ALTAIR Resources Inc.
#1305 – 1090 W. Georgia Street, Vancouver, BC V6E 3V7 Canada
ALTAIR RESOURCES ANNOUNCES MARC MAGLIONE JOINS
ITS BOARD OF DIRECTORS
Vancouver, British Columbia – August 11, 2026: ALTAIR RESOURCES INC. (“ALTAIR” or the
Company”) (TSX-V: AVX; Germany FRA: 90A; ISIN: CA02137W2004; WKN: WKN A2ALMP)
Mr. George S. Young, Chairman & CEO is pleased to provide the following changes to its Board of
Directors:
Mr. Marc Maglione has agreed to join the Board of Directors
Marc Maglione, currently Chief Financial Officer for US based Wolverine Fuels, is a senior mining
executive with 20 years of international experience across the resources sector. His career spans
exploration, mine development and construction, large -scale operating assets, business transformations,
and complex acquisitions and divestitures. He has held leadership roles with ASX- and TSX-listed mining
companies across Australia, the United States, Canada and Africa.
Mr. Maglione spent approximately a decade with Rio Tinto, where his senior leadership roles included
Acting Global Head of Financial Services and Chief Financial Officer of Richards Bay Minerals in South
Africa. He subsequently served as Portfolio Chief Fi nancial Officer within Trafigura’s mining group. He
currently serves as Chief Financial Officer and a Director of Wolverine Fuels, a leading U.S. coal producer
with more than 1,000 employees.
Mr. Maglione is a former Chairman and current Director of the Utah Mining Association and serves as an
Independent Director of several privately held mining and mining-services companies. He brings extensive
experience in business leadership, financial markets, corporate strategy, operational improvement, capital
allocation, transactions and board governance across the mining lifecycle.
Mr. Maglione holds a Bachelor of Commerce from the University of Western Australia and a Master of
Finance. He also holds postgraduate qualifications from the Institute of Chartered Accountants Australia
and the Governance Institute of Australia.
Dr. Michael G. Nelson resigns from the Board
Dr. Michael G. Nelson has resigned from the Board of Directors. The Company would like to thank Dr.
Nelson for his services and wish him well in his future endeavors and acknowledge his long and
distinguished career in the mining industry.
George S. Young said “We are pleased to add the diverse talents, knowledge of the mineral industry and
experience of Marc Maglione to our Board. As we develop projects in new commodity sectors, including
the potential critical mineral, rare earth element transaction recently announced, Marc’s experience and
contacts in the industry will be invaluable. We are excited now to press forward to the closing of the
acquisition and to commencing work on a Technical Report and PEA while we also look to progress with
other potential transactions. We believe we are well positioned to deliver exemplary value to our
shareholders. We also would like to express our appreciation to Dr. Nelson for his guidance and
contributions to the Company during his tenure as a Director.”
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ALTAIR Resources Inc.
#1305 – 1090 W. Georgia Street, Vancouver, BC V6E 3V7 Canada
About Altair Resources Inc.
Altair Resources (TSX.V: AVX) is a junior resource exploration company focusing on the recently
announced potential acquisition of rare earth element projects in Labradorand continues to evaluate new
potential projects in rare earth, precious metals and base metals.
For further information:
George S. Young
Chairman, CEO, Altair Resources Inc.
+1 (806) 886- 3317
[email protected] , www.altair-resources.com
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of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements:
This press release contains forward-looking statements with respect to the Company. By their nature, forward-looking
statements are subject to a variety of factors that could cause actual results to differ materially from the results
suggested by the forwa rd-looking statements. In addition, the forward -looking statements require management to
make assumptions and are subject to inherent risks and uncertainties. There is significant risk that the forward-looking
statements will not prove to be accurate, that the management’s assumptions may not be correct and that actual results
may differ materially from such forward -looking statements. Accordingly, readers should not place undue reliance
on the forward-looking statements.
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“expect”, “may”, “continue”, “could”, “estimate”, “forecast”, “plan”, “potential” and similar expressions. Forward -
looking statements contained i n this press release may include, but are not limited to, the completion of the private
placement and the Company receiving regulatory approval to the partial revocation order. These forward- looking
statements are based on a number of assumptions which may prove to be incorrect including, but not limited to, the
Company receiving regulatory approval to the private placement and the partial revocation order application.
The forward-looking statements contained in this press release are made as of the date hereof or the dates specifically
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obligation to update publicly or to revise any forward- looking statements that are contained or incorporated in this
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statement.