Alto Adopts Advance Notice Policy
ALTO VENTURES LTD. Suite 1158 – 409 Granville Street Vancouver, B.C. V6C 1T2 Tel: 604.689.2599 Fax: 604.689.3609 www.altoventures.com [email protected]
NEWS RELEASE
ALTO ADOPTS ADVANCE NOTICE POLICY
Vancouver, B.C., September 24, 2013. Alto Ventures Ltd. (ATV: TSX-V) announced today that the board of directors of the Company (the "Board") has approved an Advance Notice Policy effective September 18, 2013, which will be presented to shareholders of the Company for ratification at its annual general meeting of shareholders to be held on November 14, 2013.
The Advance Notice Policy includes, among other things, a provision that requires advance notice be given to the Company in circumstances where nominations of persons for election to the Board are made by shareholders of the Company other than pursuant to: (i) a requisition of a meeting made pursuant to the provisions of the Business Corporations Act (British Columbia) (the "Act"); or (ii) a shareholder proposal made pursuant to the provisions of the Act.
Additionally, the Advance Notice Policy sets a deadline by which holders of record of common shares in the capital of the Company must submit director nominations to the Company prior to any annual general or special meeting of shareholders, sets forth the information that a shareholder must include in the notice to the Company, and establishes the form in which the shareholder must submit the notice for that notice to be in proper written form.
In the case of an annual general meeting of shareholders, notice to the Company must be made not less than 30 days and not more than 65 days prior to the date of the annual general meeting. However, in the event that the annual general meeting is to be held on a date that is less than 50 days after the date on which the first public announcement of the date of the annual general meeting was made, notice may be made not later than the close of business on the tenth day following such public announcement.
In the case of a special meeting of shareholders (which is not also an annual general meeting) notice to the Company must be made not later than the close of business on the fifteenth day following the day on which the first public announcement of the date of the special meeting was made.
The full text of the Advance Notice Policy is available under the Company's profile on SEDAR at www.sedar.com.
About Alto Ventures Ltd
Alto Ventures Ltd. is an exploration and development company with a portfolio of highly prospective Canadian gold and base metals properties. The Company is active in Quebec in the Abitibi greenstone belt on the Destiny gold property and in Ontario, exploring in the Beardmore-Geraldton gold belt. In Manitoba, the Company is focused on the gold and base metals potential of the highly prospective but relatively under-explored Oxford Lake property
For more details regarding the Company’s projects, please visit our website at www.altoventures.com.
ON BEHALF OF THE BOARD,
Richard J. Mazur, P. Geo., CEO
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.
For further information contact:
Mike Koziol, Rick Mazur, President and Director CEO and Director ALTO VENTURES LTD. ALTO VENTURES LTD.
Unit 8 – 1351D Kelly Lake Rd 910-475 Howe Street Sudbury, ON., P3E 5P5 Vancouver, BC, V6C 2B3 Tel: 705-522-6372 Tel: 604-638-3943 Fax: 705-522-8856 Fax: 604-689-3609 Email: [email protected] Email: [email protected]