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10% holder buying at Altaley Mining (:ATLY)

Updated Tuesday May 31, 2022 03:42 AM EDT

Roberto Guzman Garcia, a 10% Holder, acquired 971,430 Common Shares at a price of $0.35 and 485,715 Warrants exercisable at $0.55 on a control or direction basis for registered holder Parador Turistico Tecoh through a private transaction on May 30th, 2022. This represents a $340,000 investment into the company's shares and an account share holdings change of greater than 100%.

Altaley Mining Corporation is a Canada-based mining company. The Company is focused on the operation and development of mineral resource properties in North America. The Company's segments include Campo Morado, Real de la Bufa, Altaley Mining and Other. It owns and operates Campo Morado Mine (Campo Morado) in Guerrero state, Mexico, and is also advancing its Tahuehueto mining project (Tahuehueto) towards production, which is in Durango state, Mexico. The Campo Morado includes an underground multi-metal mine with infrastructure, installations, and equipment capable of processing about 2,500 tons of ore per day, as well as six mining concessions occupying approximately 12,045 hectares (ha) located in the state of Guerrero, Mexico. Tahuehueto includes about 28 mining concessions that total approximately 7,492 ha located in the northwest portion of the state of Durango Mexico, about 250 kilometers (km) northwest of Durango city, and 160 km northeast of the city of Culiacan, Sinaloa.

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