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BRAU.V ·

Dividend Record Date

Corporate Actions

NEWS RELEASE

DIVIDEND RECORD DATE

Vancouver, B.C., June 29, 2020. Alto Ventures Ltd. (ATV: TSX-V) (“Alto” or the “Company”) announces that ,

further to its earlier news release announcing the record date for the dividend of shares of Empress Royalty

Corp. (the “Dividend”), the Company wishes to confirm that the Dividend is a special dividend in the amount of

0.082 shares of Empress Royalty Corp. per pre-consolidation common share of the Company, or 0.41 shares of

Empress Royalty Corp. per common share of the Company following the 5 old for 1 new consolidation of the

Company’s shares to take effect July 2, 2020.

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]