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Gold/Mining/Energy : Altair Nanotechnologies
ALTI 4.700-1.7%Dec 26 9:30 AM EST

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To: Rajiv who wrote (552)2/2/1999 9:57:00 PM
From: Rajiv  Read Replies (1) of 603
 
Altair Retains Prudential

CODY, Wyo., Feb. 2 /PRNewswire/ -- Altair International Inc. (Nasdaq: ALTIF - news) today announced that it has retained Prudential Securities Incorporated to assist in exploring financing and strategic alternatives which will enable the Company to realize the full value of its mineral deposits in Tennessee. As reported earlier, the discovery of the Little Benton Deposit adjacent to the Camden Deposit effectively doubles the Company's estimated titanium resource. The increased size of the Camden/Little Benton titanium orebody to ''World Class'' status makes it a strategically more valuable feedstock resource for the growing Ti02 pigment industry. Prudential Securities will assist the Company in identifying strategic partners and sources of capital to fully develop these mineral deposits.
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