Altair Resources Inc. (TSXV:AVX) entered into a binding agreement to acquire 90% stake in Marbera 2 Permit on June 21, 2021. Upon completion, Burkina Faso Government will own 10% of the property. At the closing of definitive agreement, Altair will make a cash payment of $2.3 million and upon the completion of technical report, Altair will issue 3 million shares and make a further cash payment of $2 million to the sellers. The transaction is subject to completion of due diligence to Altair's satisfaction and to the obtaining of financing. As of January 24, 2022, Altair Resources Inc. has completed its technical due diligence for the acquisition of the Marbera 2 Permit. As on March 17, 2022, Altair has entered into an extension agreement with the sellers to extend the time for closing of the acquisition. Altair will allow for sufficient time for the reinstatement of the necessary governmental agencies, and for the completion of financing by the company, to enable the completion and closing of the acquisition. It will also allow time for the completion of a technical report as recently announced and any required exchange approvals prior to closing. As on April 7, 2022, Altair has entered into an amendment to the purchase agreement with the Sellers to reduce the purchase price of the acquisition. The Agreement reduces the total cash consideration by $6 million and the total share consideration by 6 million shares. Amounts to be paid following the commencement of production will include a payment of 9 million shares of the Company plus six payments of cash or cash and stock, at the Company’s option, through the 5th anniversary of the commencement of production. The consideration includes $2.3 million cash payment: Within three (3) weeks of the later to occur of the transfer of the Marbera 2 permit and mining property (the Property) to ALTAIR’s subsidiary in Burkina Faso or Exchange approval, $1.5 million cash payment: on completion of a NI 43-101 MRE report to the satisfaction of Buyer. With a minimum indicated and inferred resource of at least 1.3 million ounces of gold. $1.5 million cash payment: on completion of a PEA to the satisfaction of Buyer. $1.5 million cash payment: on completion of a FS to the satisfaction of Buyer. With a minimum mineable resource of at least 1.3 million ounces of gold. 9 million ALTAIR shares and $3 million cash payment on reaching commercial production of at least 90% of the level contemplated in the FS, for a period of 6 months of stable operation, as further defined in the SPA. $3 million cash payment one year after start of commercial production. 4 million ALTAIR shares + $3 million in cash, or at Altair’s option a total of $9 million in cash payment rather than cash and shares: two years after start of commercial production. 4 million ALTAIR shares + $3 million in cash, or at Altair’s option a total of $9 million in cash rather than cash and shares: three years after start of commercial production. 4 million ALTAIR shares + $4 million in cash, or at Altair’s option $10 million in cash rather than in cash and shares: four years after start of commercial production. 4 million ALTAIR shares + $4.5 million in cash, or at Altair’s option $10 million in cash rather than in cash and shares: five years after start of commercial production.