Altai Appoints a New Executive and Commissions a Qualifying Report.TORONTO--(BUSINESS WIRE)--June 10, 1996--ALTAI RESOURCES INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic. Antonym: dec. . (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). : ATI (ATI Technologies Inc., Markham Ontario, http://ati.amd.com) A leading manufacturer of graphics chips and display adapters. Founded in 1985 by K. Y. Ho, Benny Lau and Lee Lau, ATI chips and boards are widely used by OEMs. ) Dr. N. Kacira, president of Altai Resources Inc. is pleased to announce that Dr. Arpad Farkas has joined Altai as Vice President, Exploration. Dr. Farkas earned his Ph.D. from the University of Toronto Research at the University of Toronto has been responsible for the world's first electronic heart pacemaker, artificial larynx, single-lung transplant, nerve transplant, artificial pancreas, chemical laser, G-suit, the first practical electron microscope, the first cloning of T-cells, in 1980 and has been involved in exploration ever since, first with multinationals and in the last ten years as a consultant for various companies. He will, at this position, be responsible for technical management of the Company's projects worldwide. His addition to Altai's management reflects growing activities of the Company and is part of the current efforts of Altai to significantly broaden the depth of its management. Altai has engaged the services of Southampton Associates Inc. of Toronto, consulting geologists and engineers, headed by David G. Wahl, to evaluate all of its mineral properties in the Philippines. Their report, expected to be ready in early July, will among other aspects, serve as a qualifying report for a major financing to strengthen the balance sheet of the Company. Altai Resources Inc. is an international resource explorer with interest in 27 resource projects in Canada, South America South America, fourth largest continent (1991 est. pop. 299,150,000), c.6,880,000 sq mi (17,819,000 sq km), the southern of the two continents of the Western Hemisphere. , Africa and in Asia. CONTACT: Altai Resources Inc. Niyazi Kacira, Ph. D., 416/869-1338 or 416/869-1238(Fax) |
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