Altair Resources to Rely on Temporary Relief Granted By Regulators in Filing Annual Financial Documents

Altair Resources to Rely on Temporary Relief Granted By

Regulators in Filing Annual Financial Documents

VANCOUVER, BRITISH COLUMBIA - July 28th, 2020: ALTAIR RESOURCES INC. (“Altair” or the “Company”)

(TSXV: AVX; Germany FRA: 90A; ISIN: CA02137W1014; WKN: WKN A2ALMP ) announces that the Canadian

Securities Administrators (“CSA”) issued a notice stating that securities regulators will be providing co -

ordinated relief consisting of a 45-day extension for certain periodic filings required to be made on or prior to

September 1, 2020, as a result of the COVID-19 pandemic. As such, the B.C. Securities Commission (“BCSC”)

has enacted B.C. Instrument 51 -515, Temporary Exemption from Certain Corporate Finance Requirements

(“BCI 51-515”).

The Company intends to rely on the extension provided by BCI 51 -515 in respect to the filing of its audited

Annual Financial Statements and Management’s Discussion and Analysis (“MD&A”) for the year ending March

31, 2020, which allows the Company to file its annual documents no later than September 12, 2020.

Furthermore, the Company’s directors, officers and other insiders will be subject to a trading blackout until

such time as the annual documents are filed. The Company confirms that there have been no material

business developments that have occurred subsequent to the filing of the Company’s December 31, 2019,

interim financial statements on February 19, 2020, that have not al ready been disclosed by the Company

through news releases filed on SEDAR.

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.