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Private Placement Extension

Financings

NEWS RELEASE

PRIVATE PLACEMENT EXTENSION

Vancouver, B.C., October 31, 2017. Alto Ventures Ltd. (ATV: TSX-V) announces that further to its

news releases dated October 2 and October 25, 2017, the TSX Venture Exchange has granted an

extension to the deadline for filing final documentation for this private placement to December 1,

2017.

Proceeds from this financ ing will be used for geophysics and drilling at Oxford Lake as well as

working capital.

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

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]

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]