Alto Announces $150,000 Non-Brokered Private Placement
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NEWS RELEASE
ALTO ANNOUNCES $150,000 NON-BROKERED PRIVATE PLACEMENT
Vancouver, B.C., February 2, 2017 . Alto Ventures Ltd. (ATV: TSX -V) is pleased to announce a
non-brokered private placement of up to $150,000 through the issuance of 2,142,857 units (“Units”) at
a price of $0.07 per Unit. Each Unit will be comprised of one common share and one share purchase
warrant (a “Warrant”). Each Warrant is exercisable to purchase one common share of the Company at
a price of $0.12 per share for a period of eighteen months from the date of closing of the financing.
The private placement is subject to TSX Venture Exchange approval and all securities are subject to a
four month hold period. Finder’s fees may be payable in connection with the private placement, all in
accordance with the policies of the TSX Venture Exchange.
Proceeds from this financ ing will be used for drilling kimberlite targets on its Pikoo area diamond
property in Saskatchewan , exploration of its Oxford Lake iron formation hosted gold project in
Manitoba and upgrading the resource estimate at its Destiny gold project in Val D’Or, Quebec.
About Alto Ventures Ltd
Alto Ventures Ltd. is an exploration and development company with a portfolio of highly prospective
Canadian gold and diamond properties. The Company is active in the Abitibi greenstone belt in
Quebec on the Destiny gold property and is exploring in the Beardmore-Geraldton gold belt in Ontario.
In Manitoba, the Company is focused on the gold and base metals potential of the highly prospecti ve
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.
ALTO VENTURES LTD.
Suite 615 - 800 W. Pender Street
Vancouver, B.C. V6C 2V6
Tel: 604.689.2599
Fax: 604.689.3609
www.altoventures.com
For further information contact:
Mike Koziol,
President and Director
ALTO VENTURES LTD.
Unit 7 – 1351C Kelly Lake Rd
Sudbury, ON., P3E 5P5
Tel: 705-522-6372
Fax: 705-522-8856
Email: [email protected]
Rick Mazur,
CEO and Director
ALTO VENTURES LTD.
Suite 615-800 W. Pender Street
Vancouver, BC, V6C 2V6
Tel: 604-689-2599
Fax: 604-689-3609
Email: [email protected]