TORONTO, ONTARIO -- (Marketwire) -- 07/06/10 -- Altai Resources Inc. (TSX VENTURE: ATI) (US SEC Rule 12g3-2(b) File # 82-2950) ('Altai' and the 'Company') is pleased to announce that at the 2010 Annual Meeting of the Shareholders held on June 21, 2010 in Toronto, the following directors were re-elected/elected: Dr. Niyazi Kacira, as President, CEO and Director, along with Dr. K. Sethu Raman, Rejean Paul, P. Eng., Dr. Didier Pomerleau and Marc-Andre Lavoie as Directors, and Maria Au, MBA, CGA as Secretary-Treasurer.
The following stock options have been granted by the Company in 2010 to date:
1. On February 22, 2010, each of the five directors of the Company (Niyazi Kacira, K. Sethu Raman, Rejean Paul, Maria Au and Didier Pomerleau) was granted a stock option of 100,000 shares exercisable at the price of $0.46 per share and expiring on February 21, 2015; and 2. On June 29, 2010, Marc-Andre Lavoie, a new director of the Company, was granted a stock option of 200,000 shares exercisable at the price of $0.42 per share and expiring on June 28, 2015.
ALTAI RESOURCES INC. IS A RESOURCE COMPANY WITH A PORTFOLIO OF OIL AND GAS (IN THE ST. LAWRENCE LOWLANDS, QUEBEC), GOLD, NICKEL AND SULPHUR PROPERTIES IN CANADA AND THE PHILIPPINES.
We Seek Safe Harbour.
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