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Alto Confirms Dividend Distribution

Corporate Actions

NEWS RELEASE

ALTO CONFIRMS DIVIDEND DISTRIBUTION

Vancouver, B.C., July 6, 2020. Alto Ventures Ltd. (ATV: TSX-V) (“Alto” or the “Company”). Further to its news

release of June 29, 2020, Alto confirms that the dividend of Empress Royalty shares, to be distributed to

shareholders of record on July 2, 2020, is an ‘eligible’ dividend within the meaning of the Income Tax Act

(Canada).

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,

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]

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]