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Altair Gold names new chairman

Altair Gold Inc.said May 2 that it has appointed independent director John Huguet as chairman, effectiveMay 1.

Meanwhile, Zahir Dhanani has resigned from the company board,effective immediately.

In addition, Dhanani has agreed to provide a bridge loan of upto C$300,000 to the company to make the first option payment on the Cerpulje licensein Kosovo, to fund the phase one work program and for working capital.