Altamira Announces Completion of December 2018 Salary Settlement
www.altamiragold.com | TSXV: ALTA
1500 - 409 Granville Street, Vancouver, BC V6C 1T2
TEL +1 604 676 5660
Altamira Announces Completion of December 2018 Salary Settlement
January 11th, 2019 – Altamira Gold Corp. (TSXV: ALTA) (FSE: T6UP) (USA: EQTRF),
(“Altamira” or the “ Company”) Further to the Company’s announcement on December 18,
2018, the TSX Venture Exchange has accepted fo r filing the Company's proposal to issue
368,748 common shares ("Shares") at a deemed pr ice of $0.06 per Share to settle salary
payments totaling $22,125 in respect of the month of December 2018.
The Company has issued the common shares whic h 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, Michael Bennett and Michael O’ Brien are directors and/or officers of the
Company, their participation in the issuan ce of 248,046 common shares pursuant to this
arrangement in the month of December will cons titute a related party transaction within the
meaning of Multilateral Instrument 61-101 - Protection of Minor ity Security Holders in Special
Transactions (“MI 61-101”). The transaction is exempt from the formal valuation and minority
shareholder approval requirements of MI 61-101 pursu ant 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 gold deposits within western
central Brazil. The Company holds 12 projects comprising approximately 200,000 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 compliant 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 categor y 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
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 hi storical are forward-looking statements, including
any statements regarding beliefs, plans , expectations or intentions regardi ng the future. It is important to
note that actual outcomes and the Company’s actual resu lts 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.