Altair Resources Inc. — Capital/Financing Update 2020

Nov 26, 2020

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Altair Updates Stock Option Grants

VANCOUVER, BRITISH COLUMBIA – November 25, 2020: ALTAIR RESOURCES INC. (“ALTAIR” or the Company”) (TSX-V: AVX; Germany FRA: 90A; ISIN: CA02137W1014; WKN: WKN A2ALMP) Mr. Jeffrey Steiner, on behalf of the Board, provides this update.

On November 16[th] the Company announced the granting of certain options, however at request of TSX Venture Exchange the Company was asked to postpone the option granting until trading was reinstated post completion of all outstanding filings. All filings have been made and trading resumed on Monday November 23[rd] .

The Board wishes to again announce the granting of options to directors and advisors under its stock option plan to purchase 570,000 shares at a price of $0.05 for a term of five years and to vest immediately. These options are subject to acceptance of filings with regulatory authorities.

ON BEHALF OF THE BOARD,

" Jeffrey Steiner "

Jeffrey Steiner, Board Chair and Interim 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.

Forward-Looking Statements :

This press release contains forward-looking statements with respect to the Company. By their nature, forwardlooking statements are subject to a variety of factors that could cause actual results to differ materially from the results 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.

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 this press release. All forward-looking statements contained in this press release are expressly qualified by this cautionary statement.