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Alto Announces Management Changes

Management Changes

NEWS RELEASE

ALTO ANNOUNCES MANAGEMENT CHANGES

Vancouver, B.C., February 20, 2020. Alto Ventures Ltd. (ATV: TSX-V) announces the resignation of

Jeannine Webb as CFO and the appointment of Ron Schmitz as CFO of the Company. Mr. Schmitz is

the Principal and President of ASI Accounting Services Inc., which has provided administrative,

accounting and office services to public and private companies since July, 1995. Mr. Schmitz has

served as a Director and/or Chief Financial Officer of various public companies since 1997 and

currently holds these positions with several public and private companies.

Alto would like to thank Jeannine for her years of service as CFO of the Company and wishes success

in her future endeavours.

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 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 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:

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]

Mike Koziol,

President and Director

ALTO VENTURES LTD.

Unit 7 – 1351C Kelly Lake Rd

Sudbury, ON., P3E 5P5

Tel: 705-522-6372

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

Email: [email protected]