Last C$0.06 CAD
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Volume 104.0K
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alto ventures ltd (ATV) Snapshot

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04/4/14 - C$0.09
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alto ventures ltd (ATV) Details

Alto Ventures Ltd. operates as a gold and base metal exploration company in Canada. It has various projects primarily in Ontario, Quebec, and Manitoba. The company was incorporated in 1987 and is headquartered in Vancouver, Canada.

Founded in 1987

alto ventures ltd (ATV) Top Compensated Officers

President and Director
Total Annual Compensation: C$156.0K
Chief Executive Officer, Director and Member ...
Total Annual Compensation: C$42.0K
Chief Financial Officer
Total Annual Compensation: C$36.0K
Compensation as of Fiscal Year 2014.

alto ventures ltd (ATV) Key Developments

Alto Ventures Ltd. Auditor Raises 'Going Concern' Doubt

Alto Ventures Ltd. filed its Annual on Oct 28, 2014 for the period ending Jun 30, 2014. In this report its auditor, Davidson & Company, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Alto Ventures Ltd., Annual General Meeting, Dec 12, 2014

Alto Ventures Ltd., Annual General Meeting, Dec 12, 2014., at 10:00 Pacific Standard Time. Location: Suite 1158, 409 Granville St.. Agenda: To receive and consider the financial statements for its fiscal period ended June 30, 2014 and the report of the auditor of the company thereon; to fix the number of directors of the board of the company at five; to elect directors of the company for the ensuing year; to appoint an auditor of the company for the ensuing year and to authorize the directors to approve the auditor's remuneration; to re-approve the 10% rolling stock option plan; and to consider any permitted amendment to or variation of any matter identified in this notice and to transact such other business as may properly come before the meeting or any adjournment thereof.

Alto Ventures Ltd. Completes Till Sampling on its Pikoo Area Diamond Claims, Saskatchewan

Alto Ventures Ltd. announced the completion of a till sampling program on the GEFA and Fisher diamond claims totaling 16,650 hectares adjacent to the North Arrow Minerals Pikoo diamond discovery in northern Saskatchewan. A total of 325 samples of glacial till were collected to define kimberlite indicator mineral trains in the down-ice direction of potential kimberlite targets identified on the property. All of the samples collected in 2014 have been delivered to Saskatchewan Research Council in Saskatoon for processing and identification of minerals that are indicative of diamond bearing kimberlites. Processing is expected to continue through October and November and results from the program will be used to evaluate potential kimberlite targets for follow-up exploration. Kimberlite indicator minerals from glacial tills have been used successfully in locating diamond-bearing kimberlites across Canada. In the Pikoo area, the KIMs have been particularly useful in defining drill targets that resulted in North Arrow's discovery of kimberlites in 9 of 10 holes drilled in 2013 including five holes that contain diamonds. The Company has also completed a short prospecting program for gold and base metals on several of the Fisher claims. Results from the prospecting samples are pending. Alto Ventures is earning a 60% interest in the GEFA claims by making staged payments to the vendors totaling $60,000 over two years and completing $750,000 in exploration work on the property over 30 months. Alto is earning a 100% interest in the Fisher claims by issuing to the vendor 25,000 shares of Alto and making cash payments totaling $18,000 over two years.


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