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Gold/Mining/Energy : Altair Nanotechnologies -- Ignore unavailable to you. Want to Upgrade?

To: Rajiv who wrote (440)	9/4/1998 12:17:00 PM
From: Michael	Read Replies (1) \| Respond to of 603

FWIW FOR IMMEDIATE RELEASE: December 30, 1997 ALTAIR COMPLETES $10 MILLION CONVERTIBLE DEBT FINANCING OFFERED THROUGH PRUDENTIAL SECURITIES CODY, WY -- Altair International Inc. (NASDAQ: ALTIF/ ASE:AIL) today announced the closing of a $10 million convertible debt financing. Under the terms of the financing, funding will be made in two blocks - $5 million at closing with the additional $5 million available between eight and ten months after closing, at Altair's option. Financing was provided by an institutional investor. Prudential Securities Incorporated acted as placement agent and financial advisor to Altair.