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BRAU.V ·

Alto Closes Non-Brokered Private Placement

Financings

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR

DISSEMINATION IN THE UNITED STATES

NEWS RELEASE

ALTO CLOSES NON-BROKERED PRIVATE PLACEMENT

Vancouver, B.C., July 31, 2017. Alto Ventures Ltd. (ATV: TSX-V) (the “Company”) is pleased to

announce that, further to its news release of July 18, 2017, it has increased and raised a total of

$200,000 through the issuance of 2,500,000 flow through common shares at a price of $0.08 per flow

through share. All securities are subject to a four month hold period expiring November 28, 2017 (as to

1,875,000 flow through common shares) and expiring December 1, 2017 (as to 625,000 flow through

shares). The Company paid cash commissions of $13,300 and issued 166,250 finder warrants

exercisable for one year from closing at a price of $0.08 per non-flow through common share.

Alto announced an extension of its exploration program on the Oxford Lake gold project in a news

release dated July 11, 2017. Proceeds from this financing will be used to further fund this exploration.

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:

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]