Alta Copper Announces Closing of Non-Brokered Financing

Vancouver, BC – Alta Copper Corp. (TSX: ATCU, OTCQX: ATCUF, BVL: ATCU) has announced the successful closing of a non-brokered private placement with Nascent Exploration Pty. Ltd. The financing raised Cdn$2,500,000 through the issuance of 4,629,630 common shares at a price of Cdn$0.54 per share.

The proceeds will provide Alta Copper with the necessary working capital to advance their drill permit application and continue community engagement efforts. Giulio T. Bonifacio, Executive Chair and CEO, stated that this financing was preferable to other options as it minimized dilution and was priced above market close.

The financing is subject to final approval by the Toronto Stock Exchange. Alta Copper is focused on the development of its Cañariaco copper project in Peru.