Alta Copper Corp. announced a non-brokered private placement of approximately 1,533,290 common shares at a price of CAD 0.50 for the gross proceeds of approximately CAD 766,645 on October 11, 2023. The common shares will be subject to a mandatory hold period ending four months and one day after issuance, in accordance with applicable securities law.

There will be no warrants included in this private placement. The transaction is subject to the approval of the Toronto Stock Exchange. Certain directors and officers of the company will subscribe for a portion of the private placement.