Mr. George Young reports

ALTAIR PROVIDES PRIVATE PLACEMENT UPDATE

Altair Resources Inc., further to its news release dated Aug. 30, 2021, has completed further closings to its non-brokered private placement financing announced on July 12, as amended July 13, 2021. Altair has issued, in aggregate, an additional 3,533,180 units of the company, at a price of 11 cents per unit, with each unit comprising one common share and one share purchase warrant. Each warrant entitles the holder to purchase an additional common share at a price of 18 cents for a period of one year from the closing.

In aggregate, the company has now issued 20,664,251 units for gross proceeds of $2,273,067, the proceeds are being used to finance costs related to the acquisition of two gold properties in Kazakhstan including the exclusivity payment of $1-million (U.S.), transaction costs including due diligence, filing fees, legal fees, and technical report fees and for general working capital. All securities issued are subject to a hold period expiring four months plus a day from the date of closing. No finder's fees were paid.

The company continues to work on this placement and anticipates additional closings for this financing such that all 25 million units will be issued.

About Altair Resources Inc.

Altair Resources' primary focus is developing the Marbera project, Burkina Faso's newest gold mine development opportunity. Marbera has a historical resource of 1.388 million ounces of gold at a grade of 0.95 gram per tonne (0.5-gram cut-off). An updated 43-101-compliant resource estimate is under way and will be completed in the second quarter of 2022. A PEA and feasibility study will commence immediately after. A preliminary economic assessment and feasibility study will commence immediately after. Burkina Faso is second in gold production in West Africa with four major mining companies operating and 15 gold mines that have reached production. In addition, Altair shareholders own an option to acquire two producing gold mines in Kazakhstan.

We seek Safe Harbor.