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ALTA.V ·

Altamira Issues Options

Corporate Updates

www.altamiragold.com | TSXV: ALTA

1500 - 409 Granville Street, Vancouver, BC V6C 1T2

TEL +1 604 676 5660

Altamira Issues Options

July 2 4, 2019 – Altamira Gold Corp. (TSXV: ALTA) (FSE: T6UP) (USA: EQTRF),

(“Altamira” or the “ Company”) announces that it has granted 1, 300,000 stock options to

directors, officers, employees, and consultants of the Company. The stock options are exercisable

for a term of five years at an exercise price of $0.10 per common share under the terms of the

Company’s Stock Option Plan.

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 adv anced 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 oxid es

(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

[email protected]

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.