International Silver Inc. (OTCPK:ISLV) (‘ISI') agreed to acquire Altair Mining Inc. from Altair Resources Inc. (TSXV:AVX) for CAD 0.32 million on February 21, 2019. The purchase consideration comprises 5 million common shares of ISI and assumption of approximately CAD 0.24 million in debt. The transaction is subject to shareholder and regulatory approvals. Shareholders of Altair Resources approved the deal at the special meeting held on April 12, 2019. The TSX Venture Exchange accepted for filing documentation in connection with the transaction on May 7, 2019.

International Silver Inc. (OTCPK:ISLV) (‘ISI') completed the acquisition of Altair Mining Inc. from Altair Resources Inc. (TSXV:AVX) for a revised consideration of CAD 0.3 million on June 21, 2019. As consideration, ISI issued 5 million shares of its common stock, assumed CAD 0.22 million in debt, granted a 2% net smelter royalty on the future production of the Prince Mine and Pan American Project.