Alto Ventures Ltd.
Alto Ventures Ltd.
News News Releases

 Thu Sep 30, 2004
Establishment of Share Option Plan

 Alto Ventures Limited (TSX.V: ATV) announces the establishment of a Share Option Plan as an incentive to directors, officers, employees and consultants to the Company. Pursuant to this plan, the Board of Directors are allocating share options to purchase 1,500,000 shares in its capital, exercisable on or before September 30, 2009 at the price of $0.15 per share.

Alto is an exploration and development company with a portfolio of gold properties in the Canadian Shield. The Company is focused on exploration and acquisition of mineral properties in the Abitibi greenstone belt in Ontario and Quebec as well as properties in the western Superior Province of Ontario and Manitoba.

ON BEHALF OF THE BOARD:

Rick Mazur
President & CEO

The TSX Venture Exchange has neither approved nor disapproved of the contents of this press release.

For further information, contact:

Rick Mazur
President & CEO
Alto Ventures Ltd.
Suite 910-475 Howe Street
Vancouver, B.C. V6C 2B3
Phone: 604-681-2409
Fax: 604-689-3609
Email: [email protected]
 
 

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