Altai Resources Inc. (TSX VENTURE:ATI) (US SEC Rule 12g3-2(b) File # 82-2950)
("Altai" or the "Company") announces the approval by its board of directors of
an advance notice by-law (the "By-law"). The purpose of the By-law is to provide
shareholders, directors and management of the Company with a clear framework for
nominating directors.


Altai is committed to: (1) facilitating an orderly and efficient annual general
or, where the need arises, special meeting, process; (2) ensuring that all
shareholders receive adequate notice of the director nominations and sufficient
information regarding all director nominees; and (3) allowing shareholders to
register an informed vote after having been afforded reasonable time for
appropriate deliberation. The By-law is intended to further these objectives.


The By-law, among other things, includes a provision that requires advance
notice to the Company in certain circumstances where shareholders of Altai
nominate persons for election to the board of directors. The By-law establishes
deadlines by which director nominations must be submitted to Altai prior to any
annual or special meeting of shareholders and sets forth the information that
must be included in the notice to Altai for an effective nomination to occur. 


In the case of an annual meeting of shareholders, notice to the Company must be
made not less than 30 days nor more than 65 days prior to the date of the annual
meeting; provided, however, that in the event that the annual meeting is to be
held on a date that is less than 50 days after the date on which the first
public announcement of the date of the annual meeting was made, notice may be
made not later than the close of business on the 10th day following such public
announcement.


In the case of a special meeting (which is not also an annual meeting) of
shareholders called for the purpose of electing directors (whether or not called
for other purposes), notice to the Company must be made not later than the close
of business on the 10th day following the day on which the first public
announcement of the date of the special meeting was made. 


The By-law is effective as of April 9, 2013, subject to TSX Venture Exchange
approval and ratification by Altai shareholders at the next annual meeting of
the Company. The full text of the By-law is available at www.sedar.com and on
the Company's website at www.altairesources.com.


The Company also announces that today the Altai board of directors has approved
two non-brokered private placements to be made concurrently. One private
placement is to be subscribed by Dr. Niyazi Kacira, Chairman and President of
the Company, for up to 5 million common shares at $0.06 per share. The second
private placement is to be subscribed by an arm's length investor for up to 4
million common shares at $0.06 per share. The two transactions are subject to
TSX Venture Exchange approval. 


ALTAI RESOURCES INC. IS A RESOURCE COMPANY WITH OIL AND GAS AND GOLD PROPERTIES
IN CANADA. 


We seek Safe Harbour.

FOR FURTHER INFORMATION PLEASE CONTACT: 
Altai Resources Inc.
Maria Au
Secretary-Treasurer
(416) 383-1328
(416) 383-1686 (FAX)
info@altairesources.com
www.altairesources.com
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