Altai Extends Warrants Term

Altai Resources Inc. has extended the term of warrants for 1 million of its shares by one year, to May 4, 2010. The exercise price of $1.25 remains the same. As disclosed in the news release, a director owns 100,000 of the warrants and a company controlled by him owns another 100,000.

Altai is currently up three cents at 23 cents. At market's open, about the same time at which the news was webbed, it reached 24 cents.

Its Google Finance web page is here.

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