Altair Nanotechnologies to raise $14 million through Private Placement

Altair Nanotechnologies, Inc., a US-based manufacturer of nonmaterial and titanium dioxide pigment technologies, has agreed to raise approximately $14 million in a private placement of 11,994,469 common shares at a price of $1.17 per share as disclosed in the private placement offering memorandum.

Investors will also receive warrants to purchase 0.55 of a common share for each common share purchased. The warrants will be exercisable at any time on or after the date of issuance for a period of seven years at an exercise price of $1 per common share. The transaction is expected to complete on May 28, 2009.

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Since 1999, the founders of PPM have provided professional business writing services, such as a PPM or business plan, to more than 2,000 businesses worldwide. Our company is considered to be the most cost effective, efficient consultants for private placement memorandum development in the United States. We are Wall Street’s, and by extension, the New York private placement (PPM) leaders.’s main service is the creation of private placement memorandum regulation d (Reg. d) documents. However, we offer much more. In case the entrepreneur needs additional services, such as a business plan, website, or additional legal work, PPM can create one pricing package for all required documentation or service. Because we simultaneously work with many companies both in and out of the U.S., the ability to adapt to the individual needs – as well as to regional and global demands – helps our clients save needed capital and time.

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