Alto Metals announced the appointment of Mr. Matthew Bowles as a Non-Executive Director of the Company. Bowles is a senior corporate finance executive with extensive public corporate advisory, private equity and capital markets experience in the resources sector. Bowles was previously Chief Development Officer for a West African focused ASX200 company.

The company advised that Mr. Dermot Ryan has resigned as Executive Director of the company, effective immediately. Ryan has agreed to assist the company on a consultancy basis as requested by the company. The company advised that Mr. Patrick Holywell has been removed from the position of Chief Financial Officer and Company Secretary effective immediately, and that the company has terminated the Consultancy Agreement between the company and PWT Corporate Pty Ltd. (a company controlled by Mr. Holywell) with immediate effect.

The company advised that Graeme Smith has been appointed as the company's new Company Secretary effective immediately. The Company wishes to clarify its announcement dated 18 February 2019 announcing the appointment of Mr. Patrick Holywell as a director ("Announcement"). Mr. Holywell has not been appointed as a Director of the Company and due to an administrative error, the Announcement was incorrectly released to ASX.

The Company hereby confirms that the Board of the Company is comprised of Mr. Terry Wheeler, Dr. Jingbin Wang and Mr. Matthew Bowles.