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alto ventures ltd (ATV) Details

Alto Ventures Ltd. engages in the acquisition, exploration, and evaluation of gold projects in Canada. The company holds interests in the Destiny project located in the Despinassy Township, Quebec; the Miner Lake project located to the northeast of the Town of Beardmore, Ontario; the Oxford Lake property located to the southeast of Thompson, central Manitoba; the Empress gold property located in Syine Township, Ontario; and the Windfall East property located in the Urban Township, Quebec. The company was incorporated in 1987 and is headquartered in Vancouver, Canada.

Founded in 1987

alto ventures ltd (ATV) Top Compensated Officers

CEO & Director
Total Annual Compensation: C$42.0K
President & Director
Total Annual Compensation: C$156.0K
Chief Financial Officer
Total Annual Compensation: C$42.0K
Legal Counsel & Director
Total Annual Compensation: --
VP of Corporate Development & Director
Total Annual Compensation: --
Compensation as of Fiscal Year 2018.
alto ventures ltd
Alto Ventures Ltd. Reports Earnings Results for the Third Quarter Ended March 31, 2019

Alto Ventures Ltd. announced earnings results for the third quarter ended March 31, 2019. For the third quarter, the company announced net loss was CAD 290,348 compared to CAD 141,050 a year ago. Basic earnings per share from continuing operations was CAD 0.01 compared to CAD 0 a year ago. For the nine months, net loss was CAD 484,729 compared to CAD 787,250 a year ago. Basic earnings per share from continuing operations was CAD 0.01 compared to CAD 0.01 a year ago.

Alto Ventures Ltd. Receives Work Permit to Carry Out Exploration Programs

Alto Ventures Ltd. has now received a work permit to carry out exploration programs consisting of line cutting, ground geophysics and 3,000 m of diamond drilling on its Oxford Lake project in Manitoba. The work permit was issued with certain conditions including a requirement that a heritage resource impact assessment (satisfactory to the Historic Resource Branch of Manitoba Sport, Culture and Heritage) be completed before work begins. Given the conditions of the permit, and given that the planned work can best be carried out during the winter, Alto does not plan to undertake the work this winter season. The Company will however proceed with the heritage resource impact assessment and continue to engage the Bunibonibee Cree Nation (BCN) on opportunities associated with the project. Alto has in the past retained a number of BCN members and companies for a range of services including line cutting, ground geophysics, ice road maintenance, camp personnel and fuel purchases from the community for the geophysical survey and drill program.

Alto Ventures Ltd. Reports Earnings Results for the Second Quarter Ended December 31, 2018

Alto Ventures Ltd. announced earnings results for the second quarter ended December 31, 2018. For the second quarter, the company announced net loss was CAD 130,957 compared to CAD 327,586 a year ago. Basic eps was CAD 0 compared to basic loss per share of CAD 0.01 a year ago. For the half year, net loss was CAD 194,381 compared to CAD 646,202 a year ago. Basic eps was CAD 0 compared to basic loss per share of CAD 0.01 a year ago.

 

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