Altamira Announces Completion of April 2019 Salary Settlement
www.altamiragold.com | TSXV: ALTA
1500 - 409 Granville Street, Vancouver, BC V6C 1T2
TEL +1 604 676 5660
Altamira Announces Completion of April 2019 Salary Settlement
May 3 rd, 2019 Altamira Gold Corp.’s (TSXV: ALTA) (FSE: T6UP) (USA: EQT RF),
(“Altamira” or the “ Company”) announces that the TSX Venture Exchange has accepted for
filing the Company's proposal to issue 223,591 common shares (" Shares") at a deemed price
of $0.071 per Share to settle sa lary payments totaling $15,875 in respect of the month of April
2019. Management had agreed to extend, by a further month, the arrangement described fully in
the Company’s news release dated December 18, 2018.
The shares are subject to a four month plus one day hold period in accordance with the policies of
the TSX Venture Exchange and applicable securities law.
As Alan Carter, and Michael Benne tt are directors of the Compan y, their participation in the
issuance of 135,087 common shares pursuant to this arrangement for the month of March 2019
will constitute a related party transaction within the meaning of Multilateral Instrument 61-101 -
Protection of Minority Security Holders in Special Transactions (“MI 61-101”). The transaction is
exempt from the formal valuation and minority shareholder appro val requirements of MI 61-101
pursuant to section 5.5(a) and section 5.7(a) of that instrument.
About Altamira Gold Corp.
The Company is focused on the exploration and development of go ld projects within western
central Brazil. The Company holds 11 projects comprising approximately 300,000 hectares, within
the prolific Juruena gold belt which historically produced an estimated 7 to 10Moz of placer gold.
The Company’s advanced Cajueiro project has an NI 43-101 compli ant resources of 8.64Mt @
0.78 g/t Au (for 214,000oz) in the Indicated Resource category and 9.53Mt @ 0.66 g/t Au (for
204,000oz) in the Inferred Resource category and an additional 1.37Mt @ 1.61 g/t Au in oxides
(for 79,000oz in saprolite) in the Inferred Resource category.
On Behalf of the Board of Directors,
ALTAMIRA GOLD CORP.
“Michael Bennett”
Michael Bennett
President & CEO
Tel: 604.676.5660
Toll-Free: 1-833-606-6271
www.altamiragold.com
Neither TSX Venture Exchange nor it 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.
Forward-Looking Statements
Statements in this document which are not purely historical are forward-looking statements, including any
statements regarding beliefs, plans, expectations or intentions regarding the future. It is important to note
that actual outcomes and the Company’s actual results could differ materially from those in such forward-
looking statements. Except as required by law, we do not undertake to update these forward-looking
statements.