Alto Mourns the Loss of its Chairman

Alto Ventures Ltd. ("Alto") (TSX VENTURE:ATV) It is with great sadness that the
Company reports the passing of its Chairman, Jerry Bulman, age 69. Jerry was
diagnosed with a malignant brain tumor in November last year and succumbed to
the disease with an exceptionally positive attitude and sense of humor that
Jerry was known for during his successful years as a businessman in the resource
sector.


Jerry Bulman was a founder of Alto in 1995 when he invested in mineral
exploration properties in eastern Canada. As a board member of Alto Ventures,
Jerry's contributions to the company were appreciated by both management and
shareholders alike through his enthusiastic love for mineral exploration.


Rick Mazur, CEO stated, "It was a true pleasure to have known Jerry for so many
years. His counsel and guidance through the ups and downs of the junior mineral
exploration sector always focused on providing shareholders with an opportunity
for success from their investment."


A funeral service is planned for the week of August 26th in Calgary. Details
once formulated can be found by calling the Alto office. 


ON BEHALF OF THE BOARD,

Rick Mazur, P. Geo., CEO & Director