UNITED STATES SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 10-Q

     [X]  QUARTERLY  REPORT  PURSUANT  TO SECTION 13 OR 15(d) OF THE  SECURITIES
          EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED SEPTEMBER 30, 1998


     [ ]  TRANSITION  REPORT  PURSUANT TO SECTION 13 OR 15(d) OF THE  SECURITIES
          EXCHANGE  ACT OF 1934  FOR  THE  TRANSITION  PERIOD  FROM  ___________
          TO____________


                            ALTAIR INTERNATIONAL INC.
                            -------------------------
               (Exact name of registrant as specified in its charter)

            Province of
               Ontario,
               Canada                   1-12497                    None
             ----------               -----------                --------
   (State or other jurisdiction    (Commission File No.)      (IRS Employer
         of incorporation)                                   Identification No.)




                         1725 Sheridan Avenue, Suite 140
                               Cody, Wyoming 82414
                         -------------------------------
            (Address of principal executive offices, including zip code)

         Registrant's telephone number, including area code: (307) 587-8245






        Indicate by check mark whether the  registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the  Securities  Exchange  Act of
1934  during  the  preceding  12 months  (or for such  shorter  period  that the
registrant was required to file such reports),  and (2) has been subject to such
filing requirements for the past 90 days. YES [X]     NO [ ].


       As  of  September  30,  1998,   the   registrant   had 15,174,915 Common
       Shares outstanding.

                                       1
<PAGE>

<TABLE>
<CAPTION>
                    PART I - FINANCIAL INFORMATION
Item 1.  Financial Statements.
                      ALTAIR INTERNATIONAL INC.
                     CONSOLIDATED BALANCE SHEETS
                 (Expressed in United States Dollars)
                                                                             September 30,            December 31,
                                                                                 1998                     1997
                                                                             (unaudited)               (audited)
                                                                              ------------           ------------
                                ASSETS
<S>                                                                            <C>                   <C>        
Current
     Cash and short-term investments                                           $ 3,818,742           $ 8,161,770
     Other current assets                                                          134,095                31,193
                                                                              ------------           ------------
                                                                                 3,952,837             8,192,963
Capital
 Office equipment, vehicles, testing and mining
   equipment  (Cost, net of amortization)                                          343,997               397,723
Centrifugal jig patents and related expenditures
     (Cost, net of amortization)                                                 3,578,229             3,918,378
Mineral properties and related deferred 
exploration expenditures                                                         1,138,439               606,551
Goodwill, net                                                                        9,740                10,189
                                                                              ------------           ------------
                             Total Assets                                      $ 9,023,242           $13,125,804
                                                                              ============           ============
                             LIABILITIES
Current
     Accounts payable and accrued liabilities                                    $ 131,693            $ 227,439
     Current portion of notes payable                                               25,000              253,890
     Current portion of convertible debentures - liability element                       -              231,481
                                                                              ------------           ------------
                                                                                   156,693              712,810
Notes payable                                                                            -                5,901
Convertible debentures - liability element                                               -              596,550
                                                                              ------------           ------------
                          Total Liabilities                                        156,693            1,315,261
                                                                              ------------           ------------

                         SHAREHOLDERS' EQUITY
Capital stock issued
     15,174,915 common shares at September 30, 1998; 15,492,745
          shares at December 31, 1997                                           17,117,560            13,942,453
                                                                              ------------           ------------
Convertible debentures - equity element                                                  -             4,171,969
                                                                              ------------           ------------
Deficit
     Balance, beginning of period                                               (6,303,879)           (3,956,564)
     Accretion of equity element of convertible debentures                        (144,801)                    -
     Premium on conversion of convertible debentures                              (244,915)                    -
     Convertible debenture issuance costs                                          (22,702)             (515,844)
     Net loss for the period                                                    (1,534,714)           (1,831,471)
                                                                              ------------           ------------
     Balance, end of period                                                     (8,251,011)           (6,303,879)
                                                                              ------------           ------------
                      Total Shareholders' Equity                                 8,866,549            11,810,543
                                                                              ------------           ------------
              Total Liabilities and Shareholders' Equity                       $ 9,023,242          $ 13,125,804
                                                                              ============          ============
</TABLE>


                                       2
<PAGE>



<TABLE>
<CAPTION>

          ALTAIR INTERNATIONAL INC.
            CONSOLIDATED STATEMENTS OF OPERATIONS
     (Expressed in United States Dollars)
                 (Unaudited)
                                                     Three Months Ended                    Nine Months Ended
                                                         September 30,                       September 30,
                                                         -------------                       -------------
                                                        1998             1997                1998             1997
                                                        ----             ----                ----             ----
<S>                                                  <C>              <C>                <C>              <C>      
Operating Expenses
     Professional fees                               $ 54,908         $ 66,022           $ 188,052        $ 239,917
     Wages and administration                          83,048           41,582             165,309          149,589
     Testing, research and development                101,526           54,197             235,217          116,331
     General and office                                30,025           20,778              73,202           62,573
     Shareholders' meetings and reports                 6,831            7,098             115,603           88,983
     Shareholder relations                             34,202           27,427              99,044           82,453
     Occupancy costs                                   17,343            9,743              51,895           30,186
     Travel                                            34,342            4,788              68,388           46,340
     Transfer agent's fees                              8,294            2,526              12,999           11,696
     Insurance                                          9,563           26,015              45,138           32,371
     Accounting and corporate services                  2,081            2,233               7,325            5,906
     Government fees and taxes                              -            8,157              23,038           11,249
     Stock exchange fees                              (16,498)           5,700              62,177            7,339
     Bank charges                                         543              558               1,868            1,146
     Loss (Gain) on foreign exchange                    7,510           20,323              15,232           39,687
     Loss (gain) on disposal of fixed assets           (2,472)               -               1,945                -
     Amortization                                     141,976          152,441             461,353          466,940
                                                     ---------        ---------          ---------        ---------
                                                      513,222          449,588           1,627,785        1,392,706
Interest expense                                        5,629            4,330              32,165           12,990
Interest income                                       (99,834)         (17,994)           (318,492)         (66,548)
Premium on redemption of convertible
     debentures                                       193,256                -             193,256                -
                                                     ---------        ---------          ---------        ---------
Net loss for the period                             $ 612,273        $ 435,924         $ 1,534,714      $ 1,339,148
                                                     =========        =========          =========        =========
Basic loss per share                                   $ 0.04           $ 0.03              $ 0.10           $ 0.09
                                                     =========        =========          =========        =========
</TABLE>

                                       3
<PAGE>

<TABLE>
<CAPTION>


                            ALTAIR INTERNATIONAL INC.
                      CONSOLIDATED STATEMENTS OF CASH FLOWS
                      (Expressed in United States Dollars)
                                   (Unaudited)
                                                                                Nine Months Ended
                                                                                   September 30,
                                                                                   -------------
                                                                            1998                1997
                                                                            ----                ----
<S>                                                                    <C>                 <C>    
Cash flows from operating activities
     Net loss for the period                                           $ (1,534,714)       $ (1,339,148)
     Adjustment to reconcile net loss for the period
          to net cash (used):
               Amortization                                                 461,353             466,940
               Loss on disposal of fixed assets                               1,945                   -
                                                                       -------------       -------------
                                                                         (1,071,416)           (872,208)
     Changes in assets and liabilities:
          Other current assets                                             (102,902)            (46,468)
          Accounts payable and accrued liabilities                          (95,746)           (145,992)
                                                                       -------------       -------------
Net cash used in operating activities                                    (1,270,064)         (1,064,668)
                                                                       -------------       -------------
Cash flows from investing activities
     Purchase of mineral properties and related
          deferred exploration expenditures                                (531,889)           (329,902)
     Purchase of capital assets                                             (28,833)           (223,530)
     Purchase of centrifugal jig patents and related
          expenditures                                                      (38,822)            (44,928)
                                                                       -------------       -------------
Net cash used in investing activities                                      (599,544)           (598,360)
                                                                       -------------       -------------
Cash flows from financing activities
     Redemption of convertible debentures                                (2,357,682)                  -
     Issuance of common shares for cash                                     113,664           1,358,249
     Decrease in notes payable                                             (206,700)            (12,141)
     Convertible debenture issuance costs                                   (22,702)                  -
                                                                       -------------       -------------
Net cash provided by (used in) financing activities                      (2,473,420)          1,346,108
                                                                       -------------       -------------

Net decrease in cash and short-term investments                          (4,343,028)           (316,920)
Cash and short-term investments, beginning of period                      8,161,770           3,270,161
                                                                       -------------       -------------
Cash and short-term investments, end of period                          $ 3,818,742         $ 2,953,241
                                                                       =============       =============
</TABLE>



                                       4
<PAGE>



                            ALTAIR INTERNATIONAL INC.
                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                                   (UNAUDITED)

Note 1.  Basis of Preparation of Financial Statements

        These unaudited  interim  financial  statements of Altair  International
Inc. and its  subsidiaries  (collectively,  the "Company") have been prepared in
accordance  with the rules and  regulations of the United States  Securities and
Exchange  Commission (the  "Commission").  Such rules and regulations  allow the
omission of certain  information and footnote  disclosures  normally included in
financial  statements  prepared in accordance with generally accepted accounting
principles,  so long as the  statements  are not  misleading.  In the opinion of
Company  management,  these financial  statements and accompanying notes contain
all adjustments  (consisting of only normal recurring  adjustments) necessary to
present fairly the financial  position and results of operations for the periods
shown. These interim financial statements should be read in conjunction with the
audited financial statements and notes thereto contained in the Company's Annual
Report  filed on Form 10-K for the year ended  December  31, 1997 filed with the
Commission  on March 31, 1998,  as amended by Amendment  No. 1 to the  Company's
Annual Report on Form 10-K/A filed with the Commission on May 18, 1998.

        The Company is an Ontario corporation and, in the past, has prepared its
interim and year-end financial  statements in accordance with generally accepted
accounting  principles  in  Canada  ("Canadian  GAAP").  Because  the  Company's
operations  are now  centered  in the  United  States,  the  Company  determined
effective  January 1, 1997 that its functional  currency is the U.S.  Dollar and
determined effective January 1, 1998 to prepare its interim financial statements
in accordance with accounting principles generally accepted in the United States
("U.S. GAAP"). Accordingly, the foregoing unaudited interim financial statements
are denominated in U.S. Dollars and presented in accordance with U.S. GAAP.

        The results of operations for the  three-month  and  nine-month  periods
ended  September  30, 1998 are not  necessarily  indicative of the results to be
expected for the full year.


Note 2.  Convertible Debentures

        During the period  July 1, 1998  through  August  27,  1998,  holders of
certain of the $5,000,000 in 5% convertible  subordinated  debentures  placed by
the  Company on  December  29, 1997 (the  "Convertible  Debentures")  elected to
convert $1,000,000 principal amount of the Convertible Debentures and $26,736 of
accrued interest. The conversions were made at a conversion rate equal to 92% of
the  average  price of the common  shares,  no par value,  of the  Company  (the
"Common Shares") for the five trading days prior to the submission of the notice
of  conversion  by the holders.  These  conversions  resulted in the issuance of
135,152 Common Shares. At the completion of these  conversions,  the outstanding
principal amount of the Convertible Debentures was $2,250,000.

        On  August  28,  1998,  the  Company  elected  to redeem  the  remaining
$2,250,000  of  Convertible   Debentures  using  cash  previously   invested  in
short-term  instruments.  The total  cash  required  to redeem  the  Convertible
Debentures,  including  the 10%  redemption  premium and accrued  interest,  was
$2,550,938.

Note 3.  Capital Stock

        During the three months ended  September  30, 1998,  options to purchase
380,000  Common Shares were issued to employees and directors at prices equal to
the  market  price on the  Nasdaq  Stock  Market on the day prior to the date of
issuance. During the same period, no options were exercised. As of September 30,
1998, options to purchase 1,910,000 Common Shares were outstanding.



                                      5
<PAGE>

Note 4.  Non-Cash Investing and Financing Activities

        As discussed in Note 2, during the  three-month  period ended  September
30, 1998,  Convertible  Debentures  having a principal  amount of $1,000,000 and
accrued  interest of $26,736 were converted  into 135,152  Common Shares.  These
transactions   had  the  effect  of  increasing  the  number  of  Common  Shares
outstanding,   causing  an  accretion  of  the  equity  element  of  convertible
debentures and premium on conversion of convertible  debentures,  and decreasing
the  current  portion  of  convertible   debentures  -  liability   element  and
convertible debentures - equity element.


Note 5.  Development Stage Company

        As of  September  30,  1998,  the Company  would be  characterized  as a
development stage enterprise under Statement of Financial  Accounting  Standards
No. 7 ("SFAS 7"). The following is a summary of the deficit  accumulated  during
the development stage prepared in accordance with SFAS 7:


                                                             Accumulated deficit
                                                                   during the
                                                               development stage
                                                               -----------------
Professional fees                                                   $ 1,303,715
Salaries and wages                                                    1,785,741
Shareholders' expenses                                                  967,625
Office and general                                                    1,454,800
Loss on sale of mining claims                                           101,047
Amortization                                                          1,443,279
Interest on long-term debt                                               95,035
Write off of mineral properties and related
     deferred exploration expenditures                                1,292,354
Write off of organization costs                                           8,563
                                                               -----------------
                                                                      8,452,159
 Less:
     Interest income                                                   (430,064)
     Gain on sale of marketable securities                              (35,773)
     Lease payments                                                    (143,754)
     Gain on forgiveness of debt                                       (702,726)
     Option payments                                                    (70,906)
                                                               -----------------
Total accumulated loss                                                7,068,936
Convertible debenture costs                                             538,546
Share issue costs                                                        60,557
Accretion of equity element of convertible debentures                   144,801
Premium on conversion of convertible debentures                         244,915
Premium on redemption of convertible debentures                         193,256
                                                               -----------------
Accumulated deficit, September 30, 1998                             $ 8,251,011
                                                               =================
                                       6
<PAGE>


ITEM 2.        MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION
                       AND RESULTS OF OPERATIONS

        The  following  discussion  summarizes  the results of operations of the
Company and changes in its  financial  condition  for the three- and  nine-month
periods ended September 30, 1998 and September 30, 1997. This discussion  should
be read in conjunction  with  Management's  Discussion and Analysis of Financial
Condition and Results of Operations  included in the Company's  Annual Report on
Form 10-K for the year ended December 31, 1997, as amended by Amendment No. 1 to
the Company's  Annual Report on Form 10-K/A filed with the Commission on May 18,
1998.

Results of Operations

            The Company  has earned no  operating  revenues  to date.  Basic net
losses totaled  $1,534,714 ($.10 per share) during the first nine months of 1998
and  $1,339,148  ($.09 per share) during the same period of 1997.  For the three
months ended  September 30, 1998 and 1997,  net losses were  $612,273  ($.04 per
share)  and  $435,924  ($.03  per  share),   respectively.   Principal   factors
contributing  to the losses  during  these  periods  were the absence of revenue
together with the incurrence of operating expenses.

            Nine Month  Periods  Ended  September  30, 1998 and 1997.  Operating
expenses for the nine months ended September 30, 1998 increased by $235,079 over
the comparable period of 1997.  Testing,  research and development  increased by
$118,886  for the nine months ended  September  30, 1998 over the same period in
1997. This increase was principally due to internal labor costs  associated with
the testing of a high-capacity version of the Altair Centrifugal Jig (the "Jig")
and costs  incurred in evaluating the Jig for coal washing  applications.  Wages
and  administration  expense  increased  by $15,720  for the nine  months  ended
September 30, 1998 over the same period of 1997 due primarily to staff increases
in business development,  engineering and administration which occurred in April
and July 1998.

         In January 1998, the Common Shares began trading on the Nasdaq National
Market System.  As a result of the expanded  market for the Common  Shares,  the
expenses  associated  with  stock  exchange  fees,  shareholders'  meetings  and
reports, and shareholder relations increased from $178,775 during the first nine
months of 1997 to $276,824 during the first nine months of 1998.  Travel expense
increased by $22,048 in the nine months ended  September  30, 1998 over the same
period  of 1997  due  principally  to staff  increases  and  increased  business
development activity.

         Other  increases in expenses during the nine months ended September 30,
1998 were  incurred for  insurance as a result of  increased  coverages  and for
occupancy costs due to additional  office space that was leased in Reno,  Nevada
beginning  in January  1998.  Interest  income for the  nine-month  period ended
September 30, 1998  increased  over the same period in 1997  primarily due to an
increase in the amount of cash invested in temporary  investments  following the
issuance of the Convertible  Debentures.  Interest expense increased during this
same period as a result of interest expense on the Convertible Debentures.


         Three Month  Periods Ended  September  30, 1998 and 1997.  With certain
exceptions that are noted below, changes in operating expenses between the third
quarter  of 1997 and the third  quarter of 1998 do not  differ  materially  from
changes  in the  year to  date  operating  expenses  outlined  in the  preceding
discussion.  Stock  exchange fees for the three months ended  September 30, 1998
were a credit of $16,498 due to the receipt of a fee refund  from  Nasdaq.  This
refund  resulted  from  the  adjustment  of the  initial  listing  fees  for the
Company's  Common Shares from an estimated  amount to actual.  In addition,  the
increases in wages and administration expenses and travel expenses are reflected
more  prominently  in the  quarterly  data  because the  Company's  increases in

                                       7
<PAGE>

business  development and engineering staffing occurred during the third quarter
of 1998, and the Company has  significantly  increased its business  development
activities during the third quarter of 1998.

Liquidity and Capital Resources

        The Company has financed its operations since inception primarily by the
issuance of equity  securities and convertible debt (Common Shares,  Convertible
Debentures,  and options and warrants to purchase  Common Shares) with aggregate
net proceeds of $19,056,117 as of September 30, 1998. The Company  received cash
proceeds  of $113,664  from the  exercise  of options to acquire  Common  Shares
during the first nine months of 1998.

        The Company has earned no revenues and has incurred recurring losses. At
December 31, 1997 the Company's accumulated deficit was $6,303,879.  The deficit
increased by $1,947,132 to $8,251,011  during the first nine months of 1998, due
primarily  to the net loss for the period of  $1,534,714  and  $412,418 in costs
associated with the issuance and conversion of the Convertible Debentures.

         Between  May and  July  1998,  holders  of the  Convertible  Debentures
elected to convert $2,750,000 principal amount of the Convertible Debentures and
accrued  interest.  On August 28,  1998,  the  Company  used  $2,550,938  of the
proceeds from the initial  issuance of the Convertible  Debentures to redeem the
remaining  $2,250,000  principal  amount  (plus  interest)  of  the  Convertible
Debentures.  Although this redemption resulted in a substantial  decrease in the
Company's  working capital,  the Company believes that,  because of the apparent
downward pressure the existence of the Convertible Debentures was placing on the
price of the Common Shares,  the Company's  long-term ability to raise money for
working and expansion  capital was enhanced by the redemption of the Convertible
Debentures.

         The  Company  currently  maintains  working  capital  which  management
believes will be sufficient for the Company's  needs through the end of the 1999
fiscal  year  at  the  current  level  of  operations.  However,  the  Company's
exploration and development  program may result in business  opportunities  that
require  additional  capital resources for development of mineral properties and
construction  of Jigs.  When and if such capital  resources  are  required,  the
Company  intends to assess equity and/or debt financing  sources.  Nevertheless,
there can be no  assurance  that the  Company  will be able to continue to raise
capital to fund its long-term capital requirements.   At September 30, 1998, the
Company had $3,818,742 in cash and short-term  investments available to meet its
near-term development and operating needs.

        The  Company  continues  to use its  working  capital  to  invest in the
testing and development of the Jig and to invest in mineral properties  suitable
for  development  and processing  with the Jig.  During the first nine months of
1998,  the Company  invested  $198,620 in development of the Jig and $531,889 in
the exploration of its Camden, Tennessee mineral property and additional mineral
properties and patents.

Forward-Looking Statements

        This Quarterly Report on Form 10-Q contains  forward-looking  statements
within the meaning of Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the  Securities  Exchange Act of 1934, as amended.  Statements in
this report  regarding the expansion of the Company's  operations and any future
acquisition activities are forward-looking statements.  Words such as "expects",
"intends", "believes",  "anticipates" and "likely" also identify forward-looking
statements.  Actual results could differ materially from those anticipated for a
number of  reasons,  including,  among  others,  the failure of the Jig to prove
economically  attractive to end users,  the  development of a substitute for the
Jig by a competitor,  the unforeseen need for and/or  inability to raise capital
to complete testing and development of the Tennessee Property, the Jig, or other
ongoing  or  new  projects.  Risk  factors,   cautionary  statements  and  other
conditions  that could  cause  actual  results to differ  are  contained  in the

                                       8
<PAGE>

Company's  filings with the  Securities and Exchange  Commission,  including the
Company's  Annual  Report on Form 10-K for the year ended  December 31, 1997, as
amended by Amendment No. 1 to the  Company's  Annual Report on Form 10-K/A filed
on May 18, 1998.

                           PART II - OTHER INFORMATION

Item 2.  Changes in Securities and Use of Proceeds.

         On December 29, 1997,  pursuant to a Securities  Purchase Agreement and
related  transaction  documents  (the  "Securities   Agreement"),   the  Company
completed a private placement to certain  institutional  investors of $5,000,000
principal amount of the Convertible  Debentures and warrants to purchase 180,000
Common  Shares on or before  December  29, 1999 at a price of $16.7188 per share
(the "Warrants").  As required by the Securities Agreement,  the Company filed a
Registration  Statement on Form S-3 (the "Registration  Statement") with respect
to the Common Shares issuable upon conversion of the Convertible Debentures, the
Common Shares issuable upon exercise of the Warrants,  and 100,000 Common Shares
held by an existing  shareholder  (the  "Registered  Shares").  The Registration
Statement  was declared  effective on May 18, 1998.  The  Registered  Shares are
being offered by their respective holders on a continuous basis pursuant to Rule
415 under the Securities Act of 1933, as amended. The Company is not selling any
of the Registered  Shares,  has not engaged any  underwriters in connection with
the offering of the  Registered  Shares,  and is not receiving any proceeds from
the sale of the Registered Shares.

         Between  May 20,  1998 and July 31,  1998,  holders  of  certain of the
Convertible  Debentures elected to convert $2,750,000 in principal amount of the
Convertible Debentures and $66,528 in accrued interest. As required by the terms
of the Convertible Debentures,  the Convertible Debentures were converted into a
number of Common  Shares equal to the  quotient of (a) the sum of the  principal
amount of such  Convertible  Debentures and all accrued but unpaid  interest and
charges,  divided by (b) an amount  equal to 92% of the average  market price of
the  Common  Shares  for  the  five  preceding  trading  days.  In  total,  such
conversions  resulted in the issuance of 387,735 Common Shares to the holders of
the  Convertible  Debentures  at prices  (i.e.  the amount of debt and  interest
converted per Commons Share) ranging from $6.75 to $8.15 per Common Share.

         On August 28, 1998, the Company  elected to redeem all of the remaining
$2,250,000  of  Convertible   Debentures  using  cash  previously   invested  in
short-term  instruments.  The total cash  required  to redeem  such  Convertible
Debentures,  including  the 10%  redemption  premium and accrued  interest,  was
$2,550,938. As of September 30, 1998, none of the Warrants had been exercised.

         The original  issuance of $5,000,000  principal  amount of  Convertible
Debentures less the redemption of $2,250,000 resulted in total gross proceeds of
$2,750,000.  Issuance  expenses and other costs incurred in connection  with the
Convertible  Debentures  and  Warrants  consisted  of  invcstement  banking fees
($500,000),  legal  fees and  expenses  ($33,598),  SEC/NASD  registration  fees
($4,300) and other miscellaneous expenses ($17,040).  Total interest paid on the
Convertible  Debentures  was $75,938 and the  redemption  premium was  $225,000.
After  deducting  the  aforementioned   expenses,  the  net  proceeds  from  the
Convertible Debentures was $1,894,124.

         The net proceeds from the Convertible Debentures have been incorporated
into the Company's  working  capital.  During the three and  nine-month  periods
ended September 30, 1998, the Company's  working capital was invested  primarily
in the testing and development of the Jig and mineral properties,  including the
Tennessee  minerals  property,  suitable for development and processing with the
Jig.

                                       9
<PAGE>

Item 6.  Exhibits and Reports on Form 8-K

         (a) See Exhibit Index attached hereto.

         (b) No reports on Form 8-K have been filed during the third  quarter of
             1998.

                                       10
<PAGE>



                                   SIGNATURES

        Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned thereunto duly authorized.


                            Altair International Inc.



 November 13, 1998                 By: /s/ William P. Long
 -----------------                 -------------------
         Date                      William P. Long, President



 November 13, 1998                 By: /s/ C. Patrick Costin
 -----------------                 ---------------------
         Date                      C. Patrick Costin, Vice-President (Principal
                                   Financial or Accounting Officer)


                                       11
<PAGE>
<TABLE>
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                                  EXHIBIT INDEX



                  Exhibit                                                                   Incorporated  Filed
                     No.                                Exhibit                             by Reference  Herewith
                  ----------   -----------------------------------------------------------  ------------- ----------
                  <C>          <S>                                                              <C>          <C>
                  3.1.1        Articles of Incorporation of the Registrant                      (1)
                  3.1.2        Amendment to Articles of Incorporation of the Registrant         (2)
                               dated November 6, 1996
                  3.2          Bylaws of the Registrant                                         (1)
                  4.1          Form of Common Stock Certificate                                 (1)
                  10           Employment Agreement dated July 6, 1998 between the                           (3)
                               Company and John W. Parsons
                   27          Financial Data Schedule                                                       (3)
-----------------------
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(1) Incorporated by reference to Registration Statement on Form 10?SB filed with
the Commission on November 25, 1996.

(2) Incorporated  by  reference to  Amendment  No. 1 to  Registration  Statement
    on Form 10 filed with the  Commission  on December 23, 1996.

(3) Filed herewith.

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