HHH.V · 2019-03-15 12:00:00

Altan Nevada Minerals Limited announces Share Consolidation

Corporate Actions

March 15, 2019 - VANCOUVER, BRITISH COLUMBIA: Altan Nevada Minerals Limited (the

"Company") (TSX-V:ANE) announces that , following the approval of the Company 's shareholders

obtained October 5, 2 018, the Co mpany has consolidated its issued and outstanding shares (the

"Shares") at a ratio of t wo (2) pre -consolidation common shares to one (1) post -consolidation share

effective as of March 18, 2019 (the “Consolidation”). No fractional common shares w ill be issued as a

result of the Consolidation. The holdings of any shareholder who would otherwise be entitled to receive a

fractional share as a result of the Consolidation shall be rounded up to the next higher whole number if

the fraction is 0.5 or greater, and rounded down to the next lower whole number if the fraction is less than

0.5.

The Company 's common shares will commence trading on the TSX Venture Exchange on a post -

Consolidation basis at the start of trading on March 18, 2019.

Holders of comm on shares of the Company who hold uncertificated common shares (including shares

held through a brokerage account and/or not represented by a physical share certificate), have had their

holdings electronically adjusted by the Company's transfer agent or by their brokerage firms, banks, trust

or other nominees. Such holders do not need to take any additional actions to exchange their pre-

Consolidation common shares for post -Consolidation common shares. Letters of transmittal have been

mailed to all registere d shareholders holding share certificates with instructions on how to exchange

existing share certificate(s) or DRS advice for new share certificate(s) or DRS advice. A letter of

transmittal is also available on SEDAR and on the Company's website at www.colombiacrestgold.com.

Prior to implementing the Consolidation, the Company had 83,099,226 common shares issued and

outstanding and immediately after implementing the Consolidation, the Company will have 41,549,634

common shares issued and outstanding.

The Company's new CUSIP number is 02144U205 and its new ISIN number is CA02144U2056.

For additional information regarding the Consolidation, please refer to the C ompany's Notice of Special

Meeting of Shareholders and Information Circular dated August 18, 2018.

On behalf of Altan Nevada Minerals Limited

John Jones

Chairman

For more information contact:

Paul Stephen

+61 9322 1788

Neither the TSX Venture Exchange Inc. nor its Regulation Service Provider (as that term is defined in the policies of the

TSX Venture Exchange Inc.) accepts responsibility for the adequacy or accuracy of this press release.

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