Altair International loses mining lease due to missed $25K advance royalty payment

Premier Air Charter Holdings Inc.

Mining lease dated August 3, 2020 with Oliver Geoservices LLC terminated on April 13, 2022.
Termination triggered by Altair's failure to make the December 1, 2021 extension payment.
Lease required advance royalty payments starting at $25,000, increasing $25,000 annually to $100,000.
Altair lost exclusive mining rights and a 3% net smelter royalty obligation on production ceased.
No financial impact disclosed; no other material agreements reported.

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