Altair Resources Disclosure Review
Altair Resources Inc.
#1305 – 1090 W. Georgia Street, Vancouver, BC V6E 3V7 Canada
Altair Resources Disclosure Review
Vancouver, British Columbia – August 18th 2022 : ALTAIR RESOURCES INC. (“ALTAIR” or the
Company”) (TSX-V: AVX; Germany FRA: 90A; ISIN: CA02137W 2004; WKN: WKN A2ALMP) As a result
of a revew by the British Columbia Securities Commission (“BCSC”) we are issuing the following news release.
The Company has amended and refiled its March 31st 2022 year end MD&A in order to deal with certain
disclosure deficiencies identified by the BCSC. The technical dislcosure in the initial MD&A was not
reviewed and approved by former Vice President of Exploration Mr. Dorian Nicol. The amended MD&A
was reviewed and approved by former Vice President of Exploration Mr. Dorian Nicol.
The Company has amended the initial MD&A to remove references to historical drill intercepts as the
Company is unable to comply with the requirements of written disclosure of exploration information
under 3.2 and 3.3(2) of NI 43-101.The Company has also amended the subject MD&A to remove all
references to historical resource estimates. The Company has been unable to ensure the estimates can
be relied upon and as a result the company retracts all such disclosure. At this time the Marbera project
does not have any resources at this time.
The technical disclosure in this news release and the amended MD&A has been reviewed and approved
by Mr. Dorian Nicol the former Vice President of Exploration of the Company.
The Company continues to work to advance the acquisition of the Marbera Project, there remain
additional contractual issues to be finalized and the Company needs to raise the necessary funds in order
to proceed with this acquisition.
"George S. Young"
George S. Young, Board Chair and 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.
2
Altair Resources Inc.
#1305 – 1090 W. Georgia Street, Vancouver, BC V6E 3V7 Canada
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 r esults
suggested by the forward -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.
Generally forward -looking statements can be identified by the use of terminology such as “anticipate”, “will”,
“expect”, “may”, “continue”, “could”, “estimate”, “forecast”, “plan”, “potential” and similar expressions. Forward -
looking statements contained in th is 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 pro ve 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
referenced in this press release, where applicable. Except as required by law, the Company does not undertake any
obligation to update publicly or to revise any forward -looking statements that are contained or incorporated in t his
press release. All forward-looking statements contained in this press release are expressly qualified by this cautionary
statement.