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Alto Announces $525,000 Non-Brokered Private Placement

Financings

NEWS RELEASE

ALTO ANNOUNCES $525,000 NON-BROKERED PRIVATE PLACEMENT

Vancouver, B.C., October 2, 2017. Alto Ventures Ltd. ( ATV: TSX-V) is pleased to announce a non -

brokered private placement of up to $525,000 through the issuance of 7,500,000 units (“Units”) at a

price of $0.07 per Unit. Each Unit will be compri sed of one common share and one -half of one share

purchase warrant (a “Warrant”). Each whole Warrant is exercisable to purchase one common share of

the Company at a price of $0.12 per share for a period of thirty months from the date of closing of the

financing.

The private placement is subject to TSX Venture Exchange approval and all secu rities 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 geophysics and drilling at Oxford Lake as well as

working capital.

About Alto Ventures Ltd

Alto Ventures Ltd. is an exploration and development company with a portfolio of highly prospective

Canadian gold properties. The Company is active in the Abitibi greenstone belt in Queb ec 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 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,

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

[email protected]

President and Director

ALTO VENTURES LTD.

Unit 7 – 1351C Kelly Lake Rd

Sudbury, ON., P3E 5P5

Tel: 705-522-6372

Email: [email protected]

CEO and Director

ALTO VENTURES LTD.

Suite 615-800 W. Pender Street

Vancouver, BC, V6C 2V6

Tel: 604-689-2599

Email: [email protected]