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BRAU.V ·

Alto Announces Management Changes

Management Changes

ALTO VENTURES LTD.

Suite 615 - 800 W. Pender Street Vancouver, B.C. V6C 2V6 Tel: 604.689.2599 Fax: 604.689.3609 www.altoventures.com [email protected]

NEWS RELEASE

ALTO ANNOUNCES MANAGEMENT CHANGES

Vancouver, B.C., February 20, 2020. Alto Ventures Ltd. (ATV: TSX-V) announces the resignation of Jeannine Webb as CFO and the appointment of Ron Schmitz as CFO of the Company. Mr. Schmitz is the Principal and President of ASI Accounting Services Inc., which has provided administrative, accounting and office services to public and private companies since July, 1995. Mr. Schmitz has served as a Director and/or Chief Financial Officer of various public companies since 1997 and currently holds these positions with several public and private companies.

Alto would like to thank Jeannine for her years of service as CFO of the Company and wishes success in her future endeavours.

About Alto Ventures Ltd

Alto Ventures Ltd. is an exploration and development company with a portfolio of highly prospective Canadian gold properties. The Company is active in the Abitibi greenstone belt in Quebec on the Destiny gold property and is exploring in the Beardmore-Geraldton gold belt in Ontario. In Manitoba, the Company is focused on the gold and base metals potential of the highly prospective but relatively under-explored Oxford Lake property. For more details regarding the Company's projects, please visit our website at www.altoventures.com.

ON BEHALF OF THE BOARD,

Richard J. Mazur, P. Geo., CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information contact:

Mike Koziol, Rick Mazur, President and Director CEO and Director ALTO VENTURES LTD. ALTO VENTURES LTD.

Unit 7 – 1351C Kelly Lake Rd Suite 615-800 W. Pender Street Sudbury, ON., P3E 5P5 Vancouver, BC, V6C 2V6 Tel: 705-522-6372 Tel: 604-689-2599 Email: [email protected] Email: [email protected]