Alto Ventures Ltd. is pleased to announce a corporate rebranding and name change to Big Ridge Gold Corp. . The new name, Big Ridge, comes with an energetic team led by Mike Bandrowski, President & CEO and Jim Kirke, CFO with a focused approach to unlock the under-explored potential of the Company's Canadian gold assets. At the opening of trading on Monday, September 21, 2020, Big Ridge will commence trading under its new [...]
Alto Ventures is pleased to announce that Jim Kirke has been appointed as Chief Financial Officer of the Company, effective immediately. Mr. Kirke is a seasoned professional with significant experience in the mining sector. "Jim's appointment comes at an integral time for Alto Ventures", said Mike Bandrowski, Chief Executive Officer. "His financial experience in the mining sector strengthens the company's management team [...]
Alto Ventures announces that, in conjunction with the closing of its merger with Empress Resources Corp. as detailed in its news release of July 7, 2020, the following changes to its director and officers effective July 7, 2020: Mike Koziol, David Cowan, Gary Zak and Michael Steeves have resigned as directors. David Cowan will continue as Corporate Secretary; Mike Koziol has resigned as President of Alto and Richard Mazur [...]
Empress Resources and Alto Ventures are pleased to announce that their previously announced merger has closed. Effective at the close of business on July 7, 2020 Empress will be delisted from the TSX-V as a result of the Arrangement. Under the Arrangement, Alto acquired all of the issued and outstanding common shares of Empress in exchange for approximately one common share of Alto, in respect of each Empress Share , such [...]
Empress Resources and Alto Ventures are pleased to announce that their previously announced merger has closed. Effective at the close of business on July 7, 2020 Empress will be delisted from the TSX-V as a result of the Arrangement. Under the Arrangement, Alto acquired all of the issued and outstanding common shares of Empress in exchange for approximately one common share of Alto, in respect of each Empress Share, such [...]
Alto Ventures Ltd. Further to its earlier news release of March 6, 2020, Alto announces that it closed the sale of a collection of royalties and a portfolio of marketable securities, as detailed in Alto's March 31, 2020 financial statements, to Empress Royalty Corp. in exchange for 4,615,384 shares of Empress Royalty. As set out in Alto's news release of June 29, 2020, the shares of Empress Royalty received by Alto are to [...]
Empress Resources is pleased to announce that securityholders have approved the Company's previously announced plan of arrangement with Alto Ventures Ltd. at the Special Meeting of shareholders and warrantholders held today. Under the Arrangement, Alto will acquire all of the issued and outstanding common shares of Empress in exchange for approximately one common share of Alto, on a pre-consolidation basis, in respect of [...]
Alto Ventures is pleased to provide an update on the status and timing of the arrangement to be effected pursuant to the Business Corporations Act involving Empress Resources Corp. and Empress's wholly-owned subsidiary, Empress Royalty Corp. Special Meeting of Empress Shareholders and Warrantholders & Interim Order Alto is advised that Empress has set the date for the special meeting of its shareholders and warrantholders [...]
Alto Ventures announces that, further to its news releases of March 6, 2020, March 19, 2020 and April 29, 2020, it has further increased the offering of subscription receipts from $2,000,000 to $2,250,000. The terms and conditions of the subscription receipts are as detailed in the March 6 Release. Proceeds from the Offering are to be held in escrow by an escrow agent to be appointed by Alto and released to Alto upon the [...]
Empress Resources and Alto Ventures are pleased to announce they have executed a definitive agreement for a business combination which is to be effected pursuant to an arrangement under the Business Corporation Act. Pursuant to the Transaction: Empress will be acquired by Alto, and former Empress shareholders will hold 52% of the issued and outstanding shares of the combined entity. Shares of Empress Royalty Corp., a [...]
Empress Resources and Alto Ventures are pleased to announce they have entered into a non-binding letter agreement for a proposed business combination. Pursuant to the Transaction, Alto will acquire all the issued and outstanding common shares of Empress from their holders on the basis of one common share of Alto being exchanged for each common share of Empress. The combination of Alto and Empress will create a well-funded [...]
Alto Ventures is pleased to announce results from 40 surface glacial till samples collected on its 100% owned Mud Lake gold property during the 2018 and follow up 2019 field seasons. The Mud Lake property is located in the Beardmore-Geraldton gold belt in Ontario and adjacent to the Ishkoday property which is being actively explored by Laurion Mineral Exploration Inc. Gold grains were recovered from 38 of the 40 samples [...]