(TheNewswire)
Toronto – TheNewswire - January 30, 2023 –Alturas Minerals Corp. (Alturas or the“Company”) (TSXV: ALT) , ( BVL:ALT) wish to informthat it has concluded its due diligence process on the Resguardoconcession, the Optionor and applicable technical studies.
Alturas and the Sociedad Minera Contractual Resguardo(the “Optionor”) are now finalizing the review of the finalcontract as well as the property title opinion.
During the Due diligence process, no material changeshave been implemented to the terms of the LOI. Further updates will beissued in due course.
For details of the terms of the transaction, please seeour Press Release issued on June 29, 2022, at www.SEDAR.com
The transaction remains subject to satisfaction of theExchange's filing requirements. and approval and that further updateswould be provided in due course.
About AlturasMinerals
Alturas is a Canadian corporation,and is the indirect parent of the Peruvian company, Alturas MineralsS.A. (“Alturas Peru”) and of the Chilean company, Alturas ChileLimitada (“Alturas Chile”). Alturas had been exploring variousmineral projects in Peru between January 2004 and 2020 and between2012 and 2014 in Chile through its subsidiaries. After interruptingits exploration activities in Chile and Peru due to financialconstraints, Alturas is now focusing in new business opportunities,among the Resguardo project in Chile.
ALTURAS MINERALS CORP.
“Miguel Cardozo” Chief Executive Officer
Contact: Mario Miranda
Phone: (416) 363-4900
Alturas Minerals Corp. (TSX-V: ALT)
372 Bay Street, Suite 301 Toronto, Ontario M5H 2W9
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