Alto Receives Approval to Reprice and Extend Warrant Terms
NEWS RELEASE
ALTO RECEIVES APPROVAL TO REPRICE AND EXTEND WARRANT TERMS
Vancouver, B.C., March 3, 2020. Alto Ventures Ltd. (ATV: TSX-V) (“Alto” or the “Company”) announces that has
received approval of the TSX Venture Exchange to reprice and extend the term of all outstanding warrants as
follows:
- 1,775,000 warrants at a price of $0.12 expiring April 19, 2020 have been repriced to $0.06 and will now
expire April 19, 2021;
- 2,002,857 warrants at a price of $0.12 expiring June 4, 2020 have been repriced to $0.06 and will now
expire June 4, 2021. Of these warrants 350,000 are held by Insiders of the Company have also been
repriced and extended; and
- 1,268,750 warrants at a price of $0.12 expiring June 27, 2020 have been repriced to $0.06 and will now
expire June 27, 2021. These warrants will also be subject to accelerated expiry 30 days following notice
in circumstances where the closing price of the Company’s shares for 10 consecutive trading days is
$0.075 or greater.
Any broker and/or finder warrants issued in connection with the se financings will not be extended. All other
warrant terms will remain the same.
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.
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]