Altovida Inc. (fka ATOA)

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$ ATAO. Altair International Corp. Announces License and Royalty Agreement with St-Georges Eco-Mining Corp.
9:00 am ET February 16, 2021

Altair International Corp. ("Altair" or the "Company") (OTC: ATAO) announced today the signing of a License and Royalty Agreement with St-Georges Eco-Mining Corp. and St-Georges Metallurgy Corp. ("St-Georges" or "SX"), entities which are developing new technologies to solve some of the most common environmental problems in the mining industry.

The agreement, dated February 11, 2021, calls for Altair to license St-Georges Metallurgy's patent-pending extraction methods and technology in separation, recovery, and purification of lithium and to act as an agent of St-Georges' developing technology in battery recycling.

Pursuant to the License and Royalty Agreement, St-Georges Metallurgy Corp. will grant Altair a non-exclusive license to use the Lithium Extraction Technology for any of Altair's lithium-bearing prospects in the United States. In exchange for the license, Altair has agreed to grant SX a 5% net revenue royalty on all metals and minerals extracted and processed using any of St-Georges methods or technologies. This royalty will apply to all current and future properties in the United States in which Altair has claimed.

In addition, SX will provide Altair with full access to its EV Battery Recycling Technology for the purpose of Altair acting as an exclusive master agent to promote the licensing and deployment of the EV Battery Recycling Technology. Altair has the right to appoint sub-agents, each of which will enter into an agency agreement with SX and Altair. In exchange for acting as the master agent, SX has agreed to grant Altair a 1% trailer fee on any royalty received by SX from the licensing of the EV Battery Recycling Technology to licensees brought by Altair or its sub-agents. The License and Royalty Agreement may be terminated by mutual written consent of the parties.

Mr. Leonard Lovallo, President, and CEO of Altair stated: "We are excited to announce this License and Royalty Agreement with St-Georges, as Altair continues its expansion into the mineral resource and energy sectors, and acquires technologies directly related to these industries. We expect the lithium extraction technology to have a significant positive impact on the mining operations of our properties in the United States. Furthermore, with the continued growth of the electric vehicle industry in the United States and elsewhere, we predict significant opportunity to license the EV Battery Recycling Technology to numerous end-users," concluded Mr. Lovallo.

About Altair International Corp.

Altair International Corp (OTC Markets: ATAO) is a diversified holding company whose strategy is to acquire interests in a range of profitable ventures within the Energy and Minerals sector.

FOR FURTHER INFORMATION, please visit the company's website at altairinternationalcorp.com or contact:
https://altairinternationalcorp.com/

Investor Relations Contact:
Skyline Corporate Communications Group, LLC
Lisa Gray, Senior Account Manager
One Rockefeller Plaza, 11th Floor
New York, NY 10020
Office: [phone]
Email: [e-mail]
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