(TheNewswire)
Toronto – TheNewswire - August 1 1 ,2022 – Alturas Minerals Corp. (Alturas or the “Company”) (TSXV: ALT) ( BVL:ALT) (OTC:ALTSF) whish to inform that itcontinues progressing on the due diligence process on the Resguardoconcession, the Optionor and applicable technical studies.
As per the Letter of Intent (“LOI”) signed withSociedad Minera Contractual Resguardo (the “Optionor”), Alturashas a period of three months from the signing of the LOI, as describedin Alturas Press Release dated June 29, 2022, to conduct itsevaluation.
No material changes have been implemented to the termsof the LOI. Further updates will be issued in due course.
For details of the terms of the transaction, please seeAlturas Press Release issued on June 29, 2022, at www.SEDAR.com
The transaction remains subject to satisfaction of theExchange's filing requirements.
About Alturas Minerals
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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