Altiplano Metals Inc. announced a private placemen to issue 10,000,000 units at an issue price of CAD 0.10 per Unit for the gross proceeds of CAD 1,000,000 on August 29, 2023. Each Unit consists of one common share and one non-transferable share purchase warrant Each Warrant will be exercisable to acquire one additional common share for two years from the closing date of the Offering at a price of CAD 0.12 per share. All the securities issued will be subject to resale restrictions until December 31, 2023.

On the same date, the company announced that it has issued 2,000,000 units at an issue price of CAD 0.10 per unit for the gross proceeds of CAD 200,000 in the first tranche. Certain arm's length finders received cash fees of CAD 11,000 and 110,000 finders warrants, issued on the same terms as the Warrants in the Offering.

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement. The transaction included participation from 7 placees including pro group involvement of one pro group for 150,000 and existing insider involvement of one insider for 195,000.