| ||Tue Dec 19, 2006|
Alto Ventures Appoints Director And Issues Stock Options
| ||Vancouver, BC. December 19, 2006. Alto Ventures Ltd. (ATV: TSX-V) is pleased to announce the appointment of Mike Koziol ( P. Eng., P. Geo.) to the Board of Directors. Mike has been the Vice President of Exploration of Alto since 2004 and will continue in that position. Through his efforts, Mike has advanced the Despinassy project to a point where the Company is investigating the exploration of the deposit from an underground perspective. Mike has also acquired a strategic land position in the Beardmore gold camp and the Company will embark on a drilling campaign on its Mud Lake and Cote Archie Lake projects in the New Year. |
As per the Company's stock option plan, it has granted to certain of its directors, officers and consultants incentive stock options to purchase up to an aggregate of 550,000 common shares exercisable on or before December 19, 2011 at a price of $0.12 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 the Shebandowan and Beardmore gold districts, Ontario.
ON BEHALF OF THE BOARD
Richard Mazur, P.Geo.
President & CEO
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
Manager of Corporate Communications
ALTO VENTURES LTD.
910-475 Howe Street
Vancouver, BC V6C 2B3
Email: [email protected]
You can view the Next News Releases item: Tue Jan 2, 2007, Alto Announces Closing of First Tranche of Private Placement
You can view the Previous News Releases item: Tue Dec 5, 2006, Alto Announces Private Placement Financing
You can return to the main News Releases page, or press the Back button on your browser.