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ALT.V ·

At the request of IIROC, Alturas Minerals Corp. wishes to confirm that the Company’s management is unaware of any material change in the Company’s operations that would account for the recent increase in market activity.

Listings & Exchange Regulatory & Compliance

PRESS RELEASE TSXV, BVL: ALT

- Unaware of Any Material Change –

FOR IMMEDIATE RELEASE

Date: April 21, 2017

At the request of IIROC, Alturas Minerals Corp. wishes to confirm that the Company’s management is

unaware of any material change in the Company’s operations that would account for the recent increase in

market activity.

Alturas Minerals Corp. is a Canadian corporation, and is the indirect parent of the Peruvian company, Alturas

Minerals S.A. (“Alturas Peru”) and of the Chilean company, Alturas Chile Limitada (“Alturas Chile”). The

current principal asset of Alturas is its Utupara mineral exploration projects located in Peru. The Company

has in previous years, disposed of its Pampa Colorada and San Antonio project s to arms’ length parties

subject to certain conditions, and not renewed its exploration license for Callejones and Ccaccapaqui. During

fiscal 2014 the Company discontinued all operations in its properties in Chile including La Corina, Marilin and

Quispe. During F2016 Alturas granted an option for its Sombrero property to Auryn Resources Inc. and has

signed a Letter of Intent with Compania Minera Milpo S.A.A.(“”Milpo”) for Milpo to earn up to an 80% interest

on its Huajoto property, with the definitive agreement signed on January 2017.

Neither 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.

This news release may contain assumptions, estimates, and other forward -looking statements regarding

future events. Such forward- looking statements involve inherent risks and uncertainties and are subject to

factors, many of which are beyond the Company's control that may cause actual results or performance to

differ materially from those currently anticipated in such statements.

For further information, please visit the Company's website at www.alturasminerals.com or contact Alturas

at:

Phone: + 51-1- 476-1410 (Lima, Peru)

+ 1-416-363-4900 (Toronto, Canada)

Email: [email protected]