BRIEF

on Alta Copper Corp. (NASDAQ:ATCUF)

Alta Copper Corp. Completes Non-Brokered Financing

Alta Copper Corp. has finalized a non-brokered private placement with Nascent Exploration Pty. Ltd., a subsidiary of Fortescue Ltd. A total of 2,941,176 common shares were issued at Cdn$0.51, raising gross proceeds of Cdn$1,500,000. These shares are subject to a mandatory holding period of four months and a day, as per securities law.

The Executive Chair and CEO, Giulio T. Bonifacio, stated that the funds will support the upcoming drilling phase while limiting dilution. Alta Copper is making progress in obtaining necessary approvals for its Cañariaco copper project in Peru. The completion of the placement is pending Toronto Stock Exchange's final approval.

R. E.

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