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Pittsburgh, PA – January 26, 2020 – Altair International Corp. (OTCPK: ATAO) (the “Company” or “Altair”) is pleased to provide an update on its previously announced partnership with St-Georges Eco-Mining Corp. (CSE: SX) (OTC: SXOOF) (FSE: 85G1) (“St-Georges”) a Canadian public company engaged in the development of new Lithium extraction technologies.
On December 1, 2020 the two companies entered into a Binding agreement that would allow Altair access to St-Georges’ patent-pending Lithium processing technology for Altair’s Nevada based Stonewall project and most importantly bring together the two companies to jointly develop a patentable industrial scale process for Electric Vehicle Lithium-ion battery (LIB) recycling.
As the global Electric Vehicle (EV) market heats up over the coming decade, the demand for battery metals is expected to outpace current production. Even with increased energy density and charge cycles, Lithium based batteries for EVs, laptops, phones and other mobile devices will create cumulative waste challenges both in the environmental footprint of production and end-of-life LIB disposal.
Altair and St-Georges recognize that new optimized recycling technologies will offer valuable solutions to both a waste-management and battery metal supply. Selective, economic and responsible metal extraction of spent LIBs will be an integral part of the multi-billion dollar green economy and play a crucial part in the future of EV dominance.
At present our two companies are working diligently to complete a long-form partnership agreement before the end of the month. As well, St-Georges has named Paul Pelosi, Jr, a member of Altair’s Advisory Board, to the position of President of EVSX Corp, the subsidiary that St-Georges has dedicated to the development of our recycling technology program.
Mr, Pelosi has many years of experience contributing to the sustainability of the environment through his service as President of the Environment Commission in San Francisco and contributions at various green technology companies. Paul Mr. Pelosi’s strong affinity and familiarity with sustainable investments, which incorporate environmental, social and governance criteria will play a critical role in assisting the role out of our Lithium mineral processing and its deployment.
Altair has the exclusive option to acquire 49.99% of the common shares of EVSX Corp by issuing shares to St-Georges and making certain milestones payments to co-fund development.
About Altair: Altair International Corp (OTC Markets: ATAO) is a diversified holding company whose strategy is to acquire interests in a range of profitable ventures within the Energy and Minerals sector.
Forward-Looking Statements:
This press release may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, such as statements relating to financial results and plans for future development activities and are thus prospective. Forward-looking statements include all statements that are not statements of historical fact regarding intent, belief or current expectations of the Company, its directors or its officers. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company’s ability to control. Actual results may differ materially from those projected in the forward-looking statements. Among the factors that could cause actual results to differ materially from those indicated in the forward-looking statements are risks and uncertainties associated with the Company’s business and finances in general, including the ability to continue and manage its growth, competition, global economic conditions and other factors discussed in detail in the Company’s periodic filings with the Security and Exchange Commission.
SOURCE: Altair International Corp.
Pittsburgh, PA – January 14, 2021 – Altair International Corp. (OTCPK: ATAO) (the “ Company ” or “ Altair ”) is pleased to announce that it has completed its Initial Earn-in Option as defined in the definitive agreement (the “ Agreement ”) with American Lithium Minerals, Inc. (“ American Lithium ”), a Nevada-based corporation.
In seeking to purposefully position itself into the growing Lithium battery market, the Company signed the Agreement on November 24 th 2020 with American Lithium that allows Altair the exclusive right to earn in up to a Sixty Percent (60%) interest in two projects, the Stonewall Lithium Project in southwestern Nevada and the Kingman Rare Earth Project in northwestern Arizona. The Earn-in agreement is granted to Lithium Now, a Nevada based subsidiary of Altair for a primary term of three (3) years in consideration of cash and stepped annual exploration expenditure commitments.
The Stonewall Project covers highly anomalous Lithium found within the Nevada lithium supply hub just 191 miles southeast of Tesla’s Gigafactory1 and is a near neighbor to the Clayton Valley, the site of Albemarle’s’ Silver Peak Lithium production. The Kingman Rare Earth Project located in Mohave County, Arizona and encompasses past producing mine sited by the Arizona Bureau of Mines as having high grade Rare Earths Elements (REEs).
New green-energy legislation, mobile electronics and Electric Vehicles are regarded as major driving factors that will propel the Lithium marketspace to outpace other sectors in this decade. Altair’s strategy is one of vertical integration into several key aspects of this multi-billion dollar marketspace and is seeking be involved in end use products, exploration and extraction, and recycling technologies.
Altair has conducted a preliminary site visit to the Stonewall Lithium project and is currently reviewing relevant data, its exploration approach and prioritising targets. Additionally, the Company is presently reviewing new top-tier Lithium rich resource areas to add to its portfolio.
Technical data pertaining to this news release was reviewed and approved by Craig Alford, MSc, a Professional Geoscientist, acting as Altair’s Qualified Person.
About Altair : Altair International Corp (OTC Markets: ATAO) is a diversified holding company whose strategy is to acquire interests in a range of profitable ventures within the Energy and Minerals sector.
FOR FURTHER INFORMATION, please visit the company’s website at: altairinternationalcorp.com, or contact:
Investor Relations Contact:
Skyline Corporate Communications Group, LLC
Lisa Gray, Senior Account Manager
One Rockefeller Plaza, 11th Floor
New York, NY 10020
Office: (646) 893-5835
Email: lisa@skylineccg.com
Forward-Looking Statements:
This press release may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, such as statements relating to financial results and plans for future development activities and are thus prospective. Forward-looking statements include all statements that are not statements of historical fact regarding intent, belief or current expectations of the Company, its directors or its officers. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company’s ability to control. Actual results may differ materially from those projected in the forward-looking statements. Among the factors that could cause actual results to differ materially from those indicated in the forward-looking statements are risks and uncertainties associated with the Company’s business and finances in general, including the ability to continue and manage its growth, competition, global economic conditions and other factors discussed in detail in the Company’s periodic filings with the Security and Exchange Commission.
SOURCE: Altair International Corp.
About ATAO
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About Altair International
Altair International Corp, (OTC: ATAO), Is An American-Owned Holding Company Engaged In Identifying And Assessing New Business Opportunities. Our Primary Focus, Lithium-Ion Battery Recycling Technology And Advanced Exploration Of Mineral Resource Opportunities, Have Led Our Team To The Great State Of Nevada. The Initial Lithium Property, Stonewall, Is Located In Lida Valley, Nevada. ADDITIONALLY, OUR ANCHOR GOLD PROJECT, WALKER RIDGE, IS LOCATED JUST 60 MILES NORTH OF ELKO. THE Property Has 40 Claim Stakes And With The Recent Additions Of 187 Additional Claims, The Company Controls Over 4,540 Acres Of Highly Prospective Property Near McAfee Peak In The Independence Range, NV.
PROJECTS:
About Lithium-Now – View Project Details Here
The Stonewall project is located within the Lida Valley where high values for Lithium have been recorded on surface and within drill cuttings as well as brine within the Lida Valley by a number of exploration efforts that date back to the mid 1970s.
More recent geochemical surveys have have revealed anomalous to high levels of Lithium over an 9km (5.6 mile) expanse with two main concentrations in a portion of the valley A new round of geophysics and sampling is highly warranted.
About Gold-Now – View Project Details Here
The Walker Ridge project is located in gold capital of the U.S, Nevada, just 60 miles (100km) north of the mining hub, Elko, and is easily accessed via roads off of Highway 225. The project is sandwiched in-between gold producers and is located just north of the producing Jerritt Canyon gold mines.
Cumulative production from the Jerritt Canyon deposits has now totaled over 8.7 million ounces. The proximity to the Jerritt Canyon Mill and infrastructure is a critical advantage for the Walker Ridge Project.
About Recycling-Now – View Project Details Here
Advanced Recycling Solutions – NICKEL, COBALT, RARE EARTH CIRCUIT
The second circuit aims to recover metals like nickel, cobalt, rare earths, and critical elements. This portion subjects the recovered components to a two-stage leach. The first recovers rare earths and critical elements. The second puts nickel, cobalt, and other metals into solution. The first solution goes through resins for the selective recovery and purification stages and will have a fertilizer by-product. The second solution recovers cobalt removed from the circuit with a solvent extraction step. This step collects cobalt for high purity cobalt with electrowinning. The second solvent extraction circuit collects nickel for high purity nickel production and goes to electrowinning.
Management
Leonard Lovallo – President, CEO And Board Member
Leonard Lovallo, is a Managing Member of Millennial Investments, LLC, a consulting firm that he controls, through which he has, since 2014, assisted public and private companies in the areas of mergers, acquisitions, debt restructuring, equity investments and corporate governance.
Doug Oliver- M.Sc., P. Geo, Vice President Of Exploration, Advisor
Douglas H. Oliver is a career geologist with over 40 years’ experience in mineral exploration, research and teaching at university level. He received his Bachelor’s degree in Geology from Rutgers University and has an MBA from the University of Texas at Austin and a PhD in Tectonics from Southern Methodist University. His career in mineral exploration has focused on precious metals in the western United States as well as Alaska, Canada, Mexico, Latin America and Africa.
Adam Fishman – Advisor – Israel
Adam Fishman is an attorney by profession and practiced law for 10 years in both private practice and as in-house counsel at United Airlines. Until 2005, Adam served as the first Chicago area Director for the American Israel Public Affairs Committee (AIPAC) tripling its reach in the region. Adam’s Israel business development and consulting career began after moving to Israel in 2005 where he was the VP of Legal and Director of Corporate Development for SLK Development & Consulting Group Ltd. and serving as the Executive Director of American Friends of Likud. In these capacities, Adam has developed relationships with Israel’s hi-tech business, innovation, security and political leaders including CEOs, Ministers, and Ambassadors, as well as Middle East political and security experts and journalists.
Syed Rahman – Advisor – India
Syed Rahman is a Technical Architect by profession and delivered Hi-Tech solutions for 17 years in Finance, Retail, Telecom and Public sector. Until 2015, Syed headed architecture teams in Asia Pacific and Middle east for various Telecom, Government and Banking projects. Syed has worked with NPCI (Reserve Bank of India’s entity) on designing and deployment of India’s National switch and Core mobile payment Platform of Indian banking system. Drove Mobile payment adaptation post demonetisation playing a key role in defining the technical directions for Payment systems. He served as Head of Customer relations – Technologies for Asia Pacific for Pactera Edge, Head of Cloud technologies India for Apps Associates and NetEnrich and Director for Black Cactus Global. In these capacities he has worked in building relation with customers in Retail, Banking, Logistics, telecom Government sectors, working closely with Policy makers/Advisors, Ministers, CXO’s and State Secretaries. He has advised Startups, helping with GTM as well as product execution strategy. Actively working with a Start-up (Colakin Inc) in Retail sector, heading it in India and Middle east.
Source: https://altairinternationalcorp.com/
Disclaimer
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