Alto Appoints CFO and Grants Stock Options
Vancouver, British Columbia--(Newsfile Corp. - September 1, 2020) - Alto Ventures Ltd. (TSXV: ATV) ("Alto" or the "Company") is pleased to announce that Jim Kirke has been appointed as Chief Financial Officer of the Company, effective immediately. Mr. Kirke is a seasoned professional with significant experience in the mining sector. "Jim's appointment comes at an integral time for Alto Ventures", said Mike Bandrowski, Chief Executive Officer. "His financial experience in the mining sector...
2020-09-01 9:00 AM EDT
Alto Announces Changes in Management and Conversion of Subscription Receipts
Vancouver, British Columbia--(Newsfile Corp. - July 15, 2020) - Alto Ventures Ltd. (TSXV: ATV) ("Alto" or the "Company"), announces that, in conjunction with the closing of its merger (the "Merger") with Empress Resources Corp. ("Empress") as detailed in its news release of July 7, 2020, the following changes to its director and officers effective July 7, 2020: Mike Koziol, David Cowan, Gary Zak and Michael Steeves have resigned as directors. David Cowan will continue as Corporate Secretary;...
2020-07-15 9:00 AM EDT
Empress and Alto Announce Closing of Merger
Vancouver, British Columbia--(Newsfile Corp. - July 7, 2020) - Empress Resources Corp. (TSXV: EMPX) ("Empress") and Alto Ventures Ltd. (TSXV: ATV) ("Alto") are pleased to announce that their previously announced merger (the "Arrangement") has closed. Effective at the close of business on July 7, 2020 Empress will be delisted from the TSX Venture Exchange as a result of the Arrangement. Under the Arrangement, Alto acquired all of the issued and outstanding common shares of Empress (each, an...
2020-07-07 9:41 PM EDT
Alto Announces Closing of Agreement with Empress Royalty Corp., Results of Empress Resources Corp. Special Meeting and Shares for Debt
Vancouver, British Columbia--(Newsfile Corp. - July 2, 2020) - Alto Ventures Ltd. (TSXV: ATV) ("Alto" or the "Company"). Further to its earlier news release of March 6, 2020 (the "March 6 Release"), Alto announces that it closed the sale of a collection of royalties and a portfolio of marketable securities, as detailed in Alto's March 31, 2020 financial statements, to Empress Royalty Corp. ("Empress Royalty") in exchange for 4,615,384 shares of Empress Royalty. As set out in Alto's news...
2020-07-02 9:00 AM EDT
Alto Advised of Special Meeting of Empress Shareholders
Vancouver, British Columbia--(Newsfile Corp. - June 1, 2020) - Alto Ventures Ltd. (TSXV: ATV) ("Alto" or the "Company") is pleased to provide an update on the status and timing of the arrangement to be effected pursuant to the Business Corporations Act (British Columbia) (the "Arrangement") involving Empress Resources Corp. ("Empress") and Empress's wholly-owned subsidiary, Empress Royalty Corp. ("Empress Royalty"). Special Meeting of Empress Shareholders and Warrantholders & Interim Order...
2020-06-01 9:00 AM EDT
Alto Increases Subscription Receipts Offering to $2,250,000
Vancouver, British Columbia--(Newsfile Corp. - May 13, 2020) - Alto Ventures Ltd. (TSXV: ATV) ("Alto" or the "Company") announces that, further to its news releases of March 6, 2020 (the "March 6 Release"), March 19, 2020 and April 29, 2020, it has further increased the offering (the "Offering") of subscription receipts from $2,000,000 to $2,250,000 (22,500,000 subscription receipts). The terms and conditions of the subscription receipts are as detailed in the March 6 Release. Proceeds from...
2020-05-13 1:21 PM EDT
Empress Resources and Alto Ventures Announce Definitive Agreement
Vancouver, British Columbia--(Newsfile Corp. - March 6, 2020) - Empress Resources Corp. (TSXV: EMPX) ("Empress") and Alto Ventures Ltd (TSXV: ATV) ("Alto") are pleased to announce they have executed a definitive agreement for a business combination which is to be effected pursuant to an arrangement under the Business Corporation Act (British Columbia) (the "Transaction"). Pursuant to the Transaction: Empress will be acquired by Alto, and former Empress shareholders will hold 52% of the issued...
2020-03-06 7:00 AM EST
Empress Resources and Alto Ventures Announce Potential Business Combination
Vancouver, British Columbia--(Newsfile Corp. - February 4, 2020) - Empress Resources Corp. ("Empress") (TSXV: EMPX) and Alto Ventures Ltd ("Alto") (TSXV: ATV) are pleased to announce they have entered into a non-binding letter agreement (the "LOI") for a proposed business combination (the "Transaction"). Pursuant to the Transaction, Alto will acquire all the issued and outstanding common shares of Empress from their holders on the basis of one common share of Alto being exchanged for each...
2020-02-04 7:00 AM EST
Alto Recovers High Gold Grain Counts from Glacial Till Samples at Mud Lake, Beardmore-Geraldton Gold Belt, Ontario
Vancouver, British Columbia--(Newsfile Corp. - October 29, 2019) - Alto Ventures Ltd. (TSXV: ATV) is pleased to announce results from 40 surface glacial till samples collected on its 100% owned Mud Lake gold property during the 2018 and follow up 2019 field seasons. The Mud Lake property is located in the Beardmore-Geraldton gold belt in Ontario and adjacent to the Ishkoday property which is being actively explored by Laurion Mineral Exploration Inc. Gold grains were recovered from 38 of the...
2019-10-29 9:00 AM EDT
Alto Drills 11 Sonic Holes at Destiny
Vancouver, British Columbia--(Newsfile Corp. - July 24, 2019) - Alto Ventures Ltd. (TSXV: ATV) is pleased to announce completion of the 11 sonic drill hole orientation program on its Destiny project in Quebec. The program is in part a follow-up to the compilation work done by Alto this past winter (see Alto news release dated February 27, 2019) and tests a number of analytical methods to determine if gold mineralization can be discovered using glacial dispersion overburden sampling...
2019-07-24 9:00 AM EDT
Alto Commences Sonic Drilling at Destiny
Vancouver, British Columbia--(Newsfile Corp. - June 27, 2019) - Alto Ventures Ltd. (TSXV: ATV) is pleased to announce the commencement of a 10 sonic drill hole orientation study on its Destiny project in Quebec. The study is in part a follow-up to the compilation work completed by Alto this past winter (see Alto news release dated February 27, 2019) and tests a number of analytical methods to determine if gold mineralization can be discovered using glacial dispersion overburden sampling...
2019-06-27 12:09 PM EDT
Alto Provides Update on Gold Projects
Vancouver, British Columbia--(Newsfile Corp. - February 27, 2019) - Alto Ventures Ltd. (TSXV: ATV) is pleased to provide an update on its Destiny project in Quebec, Miner Lake project in Ontario and Oxford Lake project in Manitoba. The Company will feature a booth, number 2622A in the Investors Exchange at the 2019 PDAC Convention in Toronto on Sunday March 3 and Monday March 4, 2019 to provide additional information on these projects. Destiny, Quebec The Destiny project hosts the DAC Gold...
2019-02-27 9:00 AM EST
Alto Receives Work Permit for Oxford Lake Project, Manitoba
Vancouver, British Columbia--(Newsfile Corp. - December 6, 2018) - Further to its news release of November 6, 2017, Alto Ventures Ltd. (TSXV: ATV) (the "Company") has now received a work permit to carry out exploration programs consisting of line cutting, ground geophysics and 3,000 m of diamond drilling on its Oxford Lake project in Manitoba. The work permit was issued with certain conditions including a requirement that a heritage resource impact assessment (satisfactory to the Historic...
2018-12-06 9:00 AM EST
Alto Reports Drilling Results from Miner Lake, Ontario
Vancouver, British Columbia--(Newsfile Corp. - November 14, 2018) - Alto Ventures Ltd. (TSXV: ATV) has received results from the 1,010 m diamond drill program completed on the Miner Lake project in the Beardmore-Geraldton gold camp in Ontario. A total of five holes were drilled to further test the main East-West mineralized corridor as well as other targets on the property (see Figure 1). The current program continues to build on Alto's previous work that identified persistent anomalous gold...
2018-11-14 9:00 AM EST
Alto Commences Drilling at Miner Lake, Ontario and Grants Stock Options
Vancouver, British Columbia--(Newsfile Corp. - September 19, 2018) - Alto Ventures Ltd. (TSXV: ATV) is pleased to announce the commencement of a 1,000 metre drill program on the Miner Lake project in the Beardmore-Geraldton gold camp in Ontario. A total of five to six holes will further test the main East-West mineralized corridor as well as two holes at other targets on the property. Drilling by Alto in 2011 intersected significant gold mineralization in eight of nine holes drilled including...
2018-09-19 9:00 AM EDT
Alto Ventures Ltd.'s Summer Exploration Results, Beardmore Gold Camp, Ontario
Vancouver, British Columbia--(Newsfile Corp. - September 10, 2018) - Alto Ventures Ltd. (TSXV: ATV) is pleased to announce that summer exploration work was completed on the Miner Lake, Mud Lake and Brookbank East properties in the Beardmore-Geraldton gold camp in Ontario (Figure 1). Surface exploration work, including geological and detailed structural mapping, prospecting, ground VLF surveying, bedrock and glacial till sampling, have given the Company a greater understanding of the controls...
2018-09-10 9:00 AM EDT
Alto Commences Summer Exploration on the Miner Lake and Brookbank East Projects, Beardmore, Ontario
Vancouver, British Columbia--(Newsfile Corp. - July 11, 2018) - Alto Ventures Ltd. (TSXV: ATV) is pleased to announce that summer exploration worked has started on the Miner Lake and Brookbank East properties in the Beardmore-Geraldton gold camp in Ontario. Surface exploration at Miner Lake includes geological mapping, detailed structural mapping, prospecting, sampling, and ground VLF surveying in preparation for diamond drilling. A diamond drilling program is anticipated to start in...
2018-07-11 9:00 AM EDT
Alto Enters into Option Agreement on the Destiny Gold Property, Quebec
Vancouver, British Columbia--(Newsfile Corp. - May 15, 2018) - Alto Ventures Ltd. (TSXV: ATV) is pleased to announce that it has executed an Earn-in Agreement (the "Agreement") with Hinterland Metals Inc. (TSXV: HMI) ("Hinterland"), whereby Hinterland may earn an interest in Alto's 101-claim (4,010-hectare) Destiny property (the "Property") located approximately 75 kilometres ("km") north of Val-d'Or in the Abitibi Region of Quebec. An all-season paved road provides direct access to the...
2018-05-15 9:15 AM EDT
Alto Stakes Claims on Trend from Centerra/Premier Gold JV Brookbank Gold Deposit, Beardmore, Ontario
Vancouver, British Columbia--(Newsfile Corp. - May 2, 2018) - Alto Ventures Ltd. (TSXV: ATV) is pleased to announce the acquisition through staking of 63 claim units totaling 1,300 hectares located in the Beardmore-Geraldton gold belt, approximately 25 km east from Beardmore and 55 km west from Geraldton (the "Brookbank East Project"). The Brookbank East property lies along an easterly trend of numerous gold occurrences, including the Brookbank Gold Deposit held in a 50/50 joint venture...
2018-05-02 9:00 AM EDT
Alto Project Update and 2018 Exploration Plan
Vancouver, British Columbia--(Newsfile Corp. - January 17, 2018) - Alto Ventures Ltd. (TSXV: ATV) is pleased to announce that planning has started for the 2018 exploration program on its Miner Lake Gold Property in the Beardmore-Geraldton gold camp in Ontario. Surface exploration this spring will be followed up with a summer diamond drill program. Miner Lake is located approximately 45 km northeast of the Town of Beardmore, Ontario and 10 km northwest of Greenstone Gold Mines Brookbank Gold...
2018-01-17 9:00 AM EST