Altan Nevada Announces Change of Auditor

Altan Nevada Minerals Limited I www.altnev.com

Level 2, 2 Richardson Street, West Perth 6005, Western Australia

ALTAN NEVADA ANNOUNCES CHANGE OF AUDITOR

VANCOUVER, BC (October 27, 2021) - Altan Nevada Minerals Limited (TSXV: ANE) ("Altan

Nevada" or the " Company") announces that it has changed its auditor from Davidson & Company

LLP (the "Former Auditor") to HLB Mann Judd (WA Partnership) (the "Successor Auditor") effective

October 20, 2021 (the "Effective Date").

At the request of the Company, the Former Auditor resigned as the auditor of the Company and the

Board of Directors of the Com pany appointed the Successor Audito r as the new auditor of the

Company as of the Effective Date until the close of the Co mpany's next annual meeting of

shareholders schedule to take place on December 9, 2021.

There were no modifications of opinion contained in the Former A uditor's reports on the Company's

annual financial statements for the period commenc ing at the beginning of the two most recently

completed financial years and ending on the Effectiv e Date. In addition, there were no "reportable

events" (as defined in Na tional Instrument 51-102 Continuous Disclosure Obligations ("NI 51-102"))

between the Company and the Former Auditor.

In accordance with NI 51-102, the Notice of Change of Auditor, together with the required letters from

the Former Auditor and the Successor Audito r, have been reviewed by the Company's Audit

Committee and Board of Directors and filed on SEDAR.

On behalf of Altan Nevada Minerals Limited

For more information contact:

Paul Stephen

Chief Executive Officer

Email: [email protected]

+61 9322 1788

Cautionary Statement on Forward-Looking Information

This release may contain forward-looking statements. Forward-looking statements involve known and

unknown risks, uncertainties, and other factors which may cause the ac tual results, performance, or

achievements of the Company to be materially diffe rent from any future results, performance, or

achievements expressed or implie d by the forward-looking stat ements. These forward-looking

statements are based on management's current expectations and beliefs but given the uncertainties,

assumptions and risks, readers are cautioned not to place undue reliance on such forward-looking

statements or information. Actual results may differ materially from those currently anticipated in such

statements, and the Company undertakes no obligation to update such statements, except as required

by law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in

policies of the TSX Venture Exchange) accepts re sponsibility for the adequacy or accuracy of this

release.