2020 News

Vancouver, B.C., June 29, 2020.  Alto Ventures Ltd. (ATV: TSX-V) ("Alto" or the "Company") announces that, further to its earlier news release announcing the record date for the dividend of shares of Empress Royalty Corp. (the "Dividend"), the Company wishes to confirm that the Dividend is a special dividend in the amount of 0.082 shares of Empress Royalty Corp. per pre-consolidation common share of the Company, or 0.41 shares of Empress Royalty Corp. per common share of the Company following the 5 old for 1 new consolidation of the Company's shares to take effect July 2, 2020.

About Alto Ventures Ltd.

Alto Ventures Ltd. is an exploration and development company with a portfolio of highly prospective Canadian gold properties. The Company is active in the Abitibi greenstone belt in Quebec on the Destiny gold property and is exploring in the Beardmore-Geraldton gold belt in Ontario. In Manitoba, the Company is focused on the gold and base metals potential of the highly prospective but relatively under-explored Oxford Lake property. 

For more details regarding the Company's projects, please visit our website at www.altoventures.com

ON BEHALF OF THE BOARD,

Richard J. Mazur, P. Geo.,
CEO 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information contact:

Mike Koziol,
President and Director
ALTO VENTURES LTD.
Unit 7 -- 1351C Kelly Lake Rd
Sudbury, ON., P3E 5P5
Tel: 705-522-6372
Fax: 705-522-8856
Email: koziol@altoventures.com
Rick Mazur,
CEO and Director
ALTO VENTURES LTD.
Suite 615-800 W. Pender Street
Vancouver, BC, V6C 2V6
Tel: 604-689-2599
Fax: 604-689-3609
Email: mazur@altoventures.com

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