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Altan Nevada Announces Appointment of Peter Stern and Resignation of Aidan Nania

Management Changes

TSX.V: ANE | PRESS RELEASE – May 11, 2017

Altan Nevada Announces Appointment of Peter Stern and Resignation of Aidan

Nania

May 1 2, 2017 – Vancouver, British Columbia – Altan Nevada Minerals Limited, TSX.V: ANE (“Altan

Nevada” or the “Company”) announces the appointment of Peter Stern to the board of directors (“the

Board”) and the resignation of Aidan Nania from the Board of Directors (“the Board”).

Peter Stern graduated from Melbourne’s Monash University with a Bachelor of Science (geology)

achieving first class honours. After working for a period as a geologist, he commenced a corporate

advisory career, spending 6 years in corporate advisory with Macquarie Bank, then three years with UBS

and finally three years with Deutsche Bank, all the while with a resources, M&A, capital raising focus. In

2000, Peter established Metropolis Corporate Advisory Services, a boutique corporate advisory fi rm

specializing in undertaking the same type of work for the junior resources sector. He is today Australia’s

leading corporate advisor in proxy fight transactions. Mr . Stern is a Fellow of the Australian Institute of

Company Directors. He is currently a Director of ASX-listed Anglo Australian Resources NL.

The Company wishes to thank Mr. Nania for his contribution to the Company over the past years and

wishes him well with future endeavors.

About Altan Nevada

Altan Nevada is a leading exploration innovator focused on the discovery of large -scale ore systems in

under-explored districts of Nevada, USA. The Company’s holdings in Nevada currently total

approximately 8,350 hectares. Projects include two potential district-scale extensions to the north Carlin

Gold Trend, three Yerington District copper -gold targets and three large -scale gold alteration systems

along the Walker Lane lineament in central Nevada.

On behalf of Altan Nevada Minerals Limited,

“Evan Jones”

Evan Jones, President & CEO

For more information please contact:

Altan Nevada Minerals Limited

Tel: +1 604 495 8374

Email: [email protected]

Web: www.altnev.com

This press r elease may contain forward looking statements including those describing Altan Nevada’s future plans and the expectations of

management that a stated result or condition will occur. Any statement addressing future events or conditions necessarily inv olves inherent

risk and uncertainty. Actual results can differ materially from those antici pated by management at the time of writing due to many factors,

the majority of which are beyond the control of Altan Nevada and its management.

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.