Altan Nevada Minerals Limited Announces Strategic Shift and Name Change to Helius Minerals Limited
FOR IMMEDIATE RELEASE
Altan Nevada Minerals Limited Announces Strategic Shift and Name Change to
Helius Minerals Limited
Vancouver, British Columbia – October 17, 2023 – Altan Nevada Minerals Limited
(TSX.V: ANE) (“Altan Nevada” or the “Company”) is pleased to announce its
application to the TSX Venture Exchange ( the “TSX-V”) for a change in the Company ’s
name to “Helius Minerals Limited” (the “Name Change”). Following the Name Change, the
Company’s securities will trade on the TSX -V under the new ticker symbol “HHH,” with
updated CUSIP and ISIN numbers: 42329R106 and CA42329R1064, respectively.
Helius Minerals embodies a rejuvenated strategy, with a sharp focus on the identification
and exploration of high-quality mineral assets across t he Americas, with an emphasis on
South American jurisdictions. Guided by a newly assembled management team, our
mission is to efficiently identify, acquire, and explore precious and base- metal projects
throughout South America. Our team boasts extensive ex perience spanning over two
decades, encompassing numerous operations, and a track record of identifying and
discovering mineral deposits. Th e wealth of expertise of our new management positions
Helius Minerals to operate efficiently and execute on strategic acquisitions within a
dynamic landscape.
The Name Change, authorized by a directors’ resolution dated August 14, 2023, is subject
to regulatory approvals. Common shares owned by shareholders will be automatically
adjusted as a result of the Name Change and no action is required to be taken by the
Company’s shareholders. The TSX-V will publish a bulletin announcing the effective date
of the Name Change.
The Name Change remains subject to final TSX -V approval, with common shares
expected to commenc e trading under the name Helius Minerals Limited on or about
October 20, 2023.
Following a technical review of the Company’s Nevada assets, Helius Minerals Limited will
maintain its existing business and assets in Nevada, USA, which exhibit potential for
precious metals (gold and silver) and base metal (copper) discoveries.
About Altan Nevada
Altan Nevada is a leading exploration innovator focused on discovering large- scale ore
systems in under -explored regions of Nevada, USA, holding approximately 8,350
hectares. Projects include copper -gold targets in the Yerington District, and large-scale
gold alteration systems along the Walker Lane lineament in central Nevada.
ON BEHALF OF THE BOARD
“Evan Jones”
Evan Jones, Chairman
For further information, please contact:
Altan Nevada Minerals Limited
Tel: +1 604 495 8374
Email: [email protected]
Web: www.altnev.com
Cautionary Statement Regarding Forward-Looking Information
This press release contains forward- looking information within the meaning of applicable
Canadian securities legislation (“forward-looking information”). Generally, forward-looking
information can be identified by the use of forward- looking terminology such as “plans”,
“expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”,
“forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of
such words and phrases or state that certain acts, events or results “may”, “could”, “would”,
“might” or “will be taken”, “occur” or “be achieved”. All information contained in this press
release, other than statements of current and historical fact, is forward-looking information.
Forward-looking information contained in this press release may include, without limitation,
statements regarding the expected date the Company’s securities are expected to
commence trading on the TSX-V; the trading of the Company’s shares under a new ticker
symbol; regulatory an d TSX -V approval of the Name Change; the maintenance of the
existing business and assets; the maintenance of its existing business and assets, and the
potential for precious metals (gold and silver) and base metal (copper) discoveries ; and
the TSX-V publishing a bulletin in respect of the Name Change. By their nature, forward-
looking information involves known and unknown risks, uncertainties and other factors
which may cause actual results, performance or achievements, or other future events, to
be materially different from any future results, performance or achievements expressed or
implied by such forward- looking information. Factors that could cause actual results to
differ materially from such forward-looking information include, but are not limited to, failure
to receive TSXV approval of the Name Change, timing of the Name Change, ability of
relevant third parties to transition to the Company’s new corporate name, failing to
establish estimated resources and reserves, the grade and recovery of precious metals
and base metals which is mined varying from estimates, delays in obtaining or failures to
obtain required financing, capital and operating costs varying significantly from estimates,
delays in obtaining or failures to obtain required governmental, environmental or other
project approvals, delays in the development of projects, changes in exchange rates,
fluctuations in commodity prices, inflation and other factors, and those risks set out in the
Company’s public documents filed on SEDAR. Forward- looking statements are made
based on management’s beliefs, estimates and opinions on the date that statements are
made and the Company undertakes no obligation to update any for ward-looking
information if these beliefs, estimates and opinions or other circumstances should change,
except as required by applicable securities laws. There can be no assurance that such
information will prove to be accurate, and future events and actual results could differ
materially from those anticipated in such statements. Important factors that could cause
actual results to differ materially from our expectations are disclosed in the Company’s
public documents filed from time to time via SEDAR at www.sedar.com with the Canadian
securities regulatory authorities to whose policies the Company is bound. Investors are
cautioned against attributing undue certainty to forward-looking information. The Company
undertakes no obligation to update publicly or otherwise revise any forward- looking
information whether as a result of new information, future events or other such factors
which affect this information, except in accordance with applicable securities laws.
Neither TSX Venture Exchange nor its Regulati on Services Provider (as that term is
defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy
or accuracy of this release.