Altamira Announces Completion of March 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 March 2019 Salary Settlement
April 5 th, 201 9 – Further to Altamira Gold Corp. ’s (TSXV: ALTA) (FSE: T6UP) (USA:
EQTRF), (“Altamira” or the “ Company”) announcement on December 18, 2018 , the TSX
Venture Exchange has accepted for filing the Company's proposal to issue 345,702 common
shares ("Shares") at a deemed price of $0.064 per Share to settle salary payments
totaling $22,125 in respect of the month of March 2019. This represents the final tranche of
shares to be issued under the terms of the arrangement described fully in the December 18, 2018
announcement.
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, Michael Bennett and Michael O’Brien are directors and/or officers of the
Company, their participation in the issuance of 248,046 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 approval 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 gold projects within western
central Brazil. The Company holds 1 1 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 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 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 historica l 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.