Altaley Mining Announces $5 Million Private Placement, Engagement of Investor Relations Services Provider, and Amendment to Advertising Agreement

Vancouver, British Columbia–(Newsfile Corp. – March 17, 2022) – Altaley Mining Corporation (TSXV: ATLY) (OTCQX: ATLYF) (FSE: TSGA) (“Altaley” or the “Company“) announces that it intends to conduct a non-brokered private placement financing (the “Private Placement“) to raise gross proceeds of up to Cdn$5 million for working capital purposes related to the start-up of preproduction mining and milling operations at its 100% owned Tahuehueto Mine. The Company is also pleased to announce that it has retained Arrowhead Business and Investment Decisions, LLC. (“Arrowhead“) to provide investor relations services to the Company and develop its international market awareness.

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