Altai Resources Inc. Announces Private Placement Closings From: CCNMatthews Newswire | Date: November 9, 2006 | Copyright 2006 CCNMatthews Newswire. Provided by ProQuest LLC.Copyright information

TORONTO, ONTARIO--(CCNMatthews - Nov. 9, 2006) - Altai Resources Inc. (TSX VENTURE:ATI)(US Sec. Rule 12g3-2(b) File # 82-2950) ("Altai" and the "Company") is pleased to announce that it has closed two non-brokered private placements.

A private placement of 1,800,000 common share units at a price of $0.25 per unit has been closed for gross proceeds of $450,000. Each unit consists of one common share and one common share purchase warrant. Each warrant entitles the holder to acquire one a...

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