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Altiplano Announces Award of Options APN: TSX ‐V ALTPF: OTCQB 9AJ1: FWB

Share Capital & Compensation

Altiplano Announces Award of Options

APN: TSX ‐V

ALTPF: OTCQB

9AJ1: FWB

EDMONTON, Oct. 12, 2017 /CNW/ - Altiplano Minerals Ltd. (TSXV: APN) (" APN " or the " Company "):

(APN: TSX ‐V) announces that its Board of Directors has resolv ed to grant an aggregate of 1,500,000

incentive stock options (" Options ") to acquire common shares of the Company pursuant to the

Company's Stock Option Plan (the " Plan ") to directors, officers and consultants of the Company, subject

to the applicable policies of the TSX Venture Exchange.

The Options were awarded as follows: 1,250,000 are exercisable at $0.14 per share, and 250,000 are

exercisable at $0.15 per share. All of the Options vest upon grant, and will expire in accordance with the

Plan and not later than October 12, 2022.

About Altiplano

Altiplano Minerals Ltd. (APN: TSX ‐‐ ‐‐V) is a mineral exploration company focused on evalua ting and

acquiring projects with significant potential for advancement from discovery through to production, in

Canada and abroad. Management has a substantial rec ord of success in capitalizing opportunity,

overcoming challenges and building shareholder valu e. Additional information concerning Altiplano can

be found on its website at www.altiplanominerals.com .

ON BEHALF OF THE BOARD

/s/ "John Williamson"

President and CEO

Tel: (780) 437-6624

Neither the 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 release includes certain statements that may be deemed "forward-looking statements". All

statements in this release, other than statements of historical facts, that address exploration drilling,

exploitation activities and events or developments that the Company expects are forward-looking

statements. Although the Company believes the expec tations expressed in such forward-looking

statements are based on reasonable assumptions, suc h statements are not guarantees of future

performance and actual results or developments may differ materially from those in the forward-looking

statements. Factors that could cause actual results to differ materially from those in forward-looking

statements include market prices, exploitation and exploration successes, continuity of mineralization,

uncertainties related to the ability to obtain necessary permits, licenses and title and delays due to third

party opposition, changes in government policies regarding mining and natural resource exploration and

exploitation, and continued availability of capital and financing, and general economic, market or bus iness

conditions. Investors are cautioned that any such statements are not guarantees of future performance

and actual results or developments may differ materially from those projected in the forward-looking

statements. For more information on the Company, in vestors should review the Company's continuous

disclosure filings that are available at www.sedar.com .

SOURCE Altiplano Minerals

View original content: http://www.newswire.ca/en/releases/archive/October2017/12/c2243.html

%SEDAR: 00030745E

For further information: Jeremy Yaseniuk, Director, jeremyy@altiplanominera ls.com, Tel: (604) 773-

1467; Renmark Financial Communications Inc., Laura Welsh: [email protected], Tel.:

(416) 644-2020 or (514) 939-3989, www.renmarkfinanc ial.com

CO: Altiplano Minerals

CNW 09:30e 12-OCT-17