- OTC: ATAO
PITTSBURGH, Dec. 15, 2020 (GLOBE NEWSWIRE) — Altair International Corp. (OTCMARKETS: ATAO) is proud to introduce Mr. Paul Pelosi Jr., a dynamic entrepreneur with a wealth of experience and a powerful combination of skills in corporate governance, investment banking and business development, has joined its newly-formed Advisory Board.
“We are pleased to announce that Mr. Paul Pelosi Jr. is joining Altair as a member of our Advisory Board,” remarked Mr. Leonard Lovallo, Altair’s President. “As we move forward with our strategy of growth through acquisition, Mr. Pelosi’s broad expertise and his knack in identifying and analysing potential takeover targets will be highly beneficial to Altair.”
As Altair expands the breadth of its operations, from mining to lithium refinement and battery technologies, Mr. Paul Pelosi Jr. will be working directly with our management to further our expansion efforts.
About Paul Pelosi Jr.
Mr. Paul Pelosi Jr. is a seasoned executive with years of experience in emerging companies in infrastructure, finance, sustainability, public policy, and corporate ethics. He has had investment banking experience in Bank of America securities, WR Hambrecht and Chase Manhattan as well. Mr. Paul Pelosi Jr. has brought creative leadership to Corporate Governance Initiative’s programs, committed to their goals and overall mission.
Paul Pelosi Jr. with Altair
Mr. Paul Pelosi Jr. brings much value to Altair with his corporate governance experience, and will assist Altair in establishing optimizing its corporate governance system and supporting all stakeholders. His focus will be on Altair’s corporate mission developing strategic partnerships with other companies in the lithium mining and related sectors.
This is an unprecedented time in the growth of the electric vehicle global market and the lithium portable power space. Mr. Paul Pelosi Jr. will provide Altair invaluable insight into the regulatory and environmental landscape for the industry and growing the lithium market.
The lithium marketspace was valued at over 30 billion USD in 2019 and is expected to explode over the coming decade as the oil industry withers and governments advocate for the Electric Vehicle (EV) revolution. The demand for lithium is expected to triple within just the next few years, providing a great opportunity for the marketspace.
Mr. Paul Pelosi Jr. commented, “The growth of lithium production in America should be one of our top priorities. I welcome the opportunity to work with Mr. Leonard Lovallo and the Altair team to efficiently develop and deliver the much-needed domestically produced lithium carbonate for the growing lithium ion battery and electric vehicle industry.” Increasing production of domestic lithium has the potential to reduce overall pollution, lower the cost of electric cars for everyone, cut the dependence on foreign oil, and provide thousands of new jobs.
Mr. Paul Pelosi Jr. will play an integral role in promoting Altair International Corp. as a potential supplier of environmentally friendly and economically viable lithium. Altair International Corp. will work towards proving the latest mining technology can be economically beneficial as a market for the stakeholders along with being just great for the environment. With the shift being made for better, more environmentally-friendly products and processing methods, Altair International Corp. is all set to capitalize on these opportunities within and beyond the mining industry.
Condition of the agreement
Mr. Paul Pelosi Jr. has executed an agreement with Altair International Corp. specifically for the purposes of assisting Altair in the development of its dynamic growth and long-term business strategy for making explicit introductions between Altair and potential strategic partners in the various industries of interest for expansion.
Altair is looking forward to working closely with Mr. Paul Pelosi Jr. to capitalize the market, develop strategic partnership with potential customers and making sure that Altair delivers on its corporate mission. Altair is working towards bringing better quality lithium batteries in the global market space and believes Mr. Paul Pelosi Jr. will be of great value in our overall business development.
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.
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