Altiplano Announces Closing of Over-Subscribed Unit Private Placement
APN: TSX.V
220 – 9797 45
th
Avenue
Edmonton, Alberta, T6E5V8
www.altiplanominerals.com
February 27, 2017 APN: TSX ‐V
Altiplano Announces Closing of Over-Subscribed Unit Private Placement
February 27, 2017, Edmonton, Alberta – Altiplano Minerals Ltd. (TSXV: APN) (“ APN ” or the “ Company ”) announces
that it has completed the closing of the non-brokered privat e placement previously announced on January 13, 2017 (the
“Offering ”), which the Company increased by $500,000 to cover over-subscriptions. In result, the Company has closed
the sale of 20,000,000 units (the “ Units ”) at C$0.15 per Unit to raise C$3.0 million in gross proceed s. Each Unit
consisted of one (1) common share and one (1) non-transferable sh are purchase warrant (the “ Warrants ”) of the
Company. Each Warrant is exercisable to acquire one (1) additional common share of the Company at an exercise price
of $0.25 per share until February 27, 2019.
The Company also paid cash finders’ fees of $190,636.38 and issued 1,270,909 Warrants to certain arm’s length finders in
connection with the Offering, representing 8.0% of the proceeds raised and 8.0% of the Units sold by such finders. Fort
Capital Inc. acted as a capital markets advisor to the Company in connection to the private placement.
All of the securities issued pursuant to this Offering will have a hold period expiring on June 28, 2017. The net proceeds
of the Offering will be used for the Company’s general working capital purposes.
About Altiplano
Altiplano Minerals Ltd. (APN: TSX ‐V) is a mineral exploration company focused on evaluating and acquiring projects
with significant potential for advancement from discovery through to production, in Canada and abroad. Management has
a substantial record of success in capitalizing opportun ity, overcoming challenges and building shareholder value.
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 "for ward-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 expectations
expressed in such forward-looking statements are based on reasonable as sumptions, such 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 materi ally 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 business conditions. Investors are cautioned that any such statements are not
guarantees of future performance and actual results or developments ma y differ materially from those projected in the
forward-looking statements. For more information on the Company, inv estors should review the Company's continuous
disclosure filings that are available at www.sedar.com .