ATAO Altair International Corporation (QB)

Item 1.01 Entry into a Material Definitive Agreement.

On August 10, 2022, the registrant ("Altair International") entered into a Second Amended Definitive Earn-In Agreement (the “Amended Agreement”) with American Lithium Minerals, Inc. under which Altair International, following its initial payment of $75,000 in 2021 to obtain a 10% undivided interest in 63 unpatented placer mining claims comprised of approximately 1,260 acres in Nevada (the “Properties”), obtained a revised earn in option schedule to obtain up to a 60% undivided interest in the Properties upon payment of exploration and development costs totaling $1,300,648 as follows: a first payment in the amount of $39,966 in 2021 which the Agreement states was made by Altair International, a second payment in calendar year 2022 of $50,000 for an additional 5% interest in the Properties, a third payment in calendar year 2023 of $350,000 for an additional 15% interest in the Properties and a fourth calendar year payment in 2024 of $900,648 for an additional 30% interest in the Properties. The foregoing description of the Amended Agreement does not purport to be complete and is qualified in its entirety by reference to the Amended Agreement which is filed as Exhibit 10.1 to this Current Report on Form 8-K.

Altair International also has satisfied its obligation under the terms of the Earn-In Agreement dated November 23, 2020 with American Lithium Minerals, Inc. to pay the yearly claim maintenance fees owed to the Nevada Bureau of Land Management that was received on August 17, 2022.