Vancouver, British Columbia, Canada. May 16, 2007. Alto Ventures LTD. (ATV: TSX-V), ("the Company" or "Alto Ventures") is pleased to announce that it has engaged the professional (consulting) investor relations services of Mr. Mark Prosser. The consulting agreement is for an initial term of 6 months at a rate of CDN $4,500 per month and, pursuant to the Company's stock option plan, 100,000 incentive stock options.
Mr. Prosser will provide full-time investor relations services to Alto Ventures with the primary focus of increasing investor awareness and exposure of the Company to the investment community at large through the dissemination of corporate information to a network of North American and European institutions, retail brokerage firms and private investors.
Mr. Prosser brings 6 years of investment industry experience to the Company and also has 12 years of sales and marketing experience. Mr. Prosser has worked in an investor relations capacity for Minera Andes Incorporated and most recently with Solex Resources Corporation.
The Company also announces, in accordance to the Company's Stock Option Plan, a grant to certain consultants, incentive stock options to purchase 150,000 common shares of the Company exercisable on or before May 16, 2012 at a price of $0.10 per share.
About Alto Ventures Ltd
Alto Ventures Ltd. is a gold exploration and development company with a portfolio of eleven properties in the Canadian Shield. The Company is focused on the Despinassy project in the Abitibi Greenstone Belt, Quebec and projects in the Shebandowan and Beardmore gold districts, Ontario.
ON BEHALF OF THE BOARD,
Mike Koziol, P. Geo., P. Eng. President
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
For further information contact:
Mark Prosser
Investor Relations Manager
ALTO VENTURES LTD.
910-475 Howe Street
Vancouver, BC, V6C 2B3
Tel: 604-638-3947
Fax: 604-689-3609
Email: mark@altoventures.com
Website: www.altoventures.com
