Altair Resources Inc. (TSXV:AVX) announced a private placement of 3,430,000 units at a price of CAD 0.035 per unit for gross proceeds of CAD 120,050 on January 11, 2021. Each unit will consist of one common share and one common share purchase warrant exercisable at a price of CAD 0.05 for a period of five years. The company will not pay any finder's fee with respect to the transaction. The transaction is subject to approval from TSX Venture Exchange. The shares issued will be subject to hold period of four months.