Altan Nevada Enters Into Debt Settlement Agreements

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VANCOUVER, September 14, 2018. Altan Nevada Minerals Ltd. (TSX.V ANE) (“Altan Nevada” or the
Company“) is pleased to announce that it has entered into agreements for the settlement of a significant
portion of the Company’s outstanding debts and liabilities.

The Company has agreed to settle CAD$1,032,167 in loans and accounts payable (the “Settled Debts”)
through the issuance of securities of the Company (the “Debt Settlement”). Following completion of the
Debt Settlement, the Company will have remaining outstanding accounts in the amount of approximately
$100,000 owed to creditors all of whom have agreed not to require repayment of these debts prior to
December 2019.

Terms

Pursuant to the Debt Settlement, 19,059,130 common shares of the Company (each a “Settlement
Share“) will be issued to creditors of the Company in full and final settlement of the Settled Debt. The
Settlement Shares will be issued at a price of C$0.05 per share after giving effect to the 2:1 share
consolidation to be submitted to the Company’s shareholders for their approval at its upcoming 5 October
2018 shareholders meeting. Additionally, 16,919,074 of the Settlement Share will be issued with a share
purchase warrant (a “Settlement Warrant”) entitling the holder to acquire an additional common share
of the Company at a post-consolidation price of $0.10 per common share for a period of two years from
closing. In accordance with TSX Venture Exchange requirements, Settlement Warrants are not being
issued to creditors whose Settled Debts relate to the provision of professional services to the Company,

The Debt Settlement is subject to the following conditions precedent:

1. approval by the Company’s shareholders of all resolutions to be submitted by management for
shareholder approval at the Company’s special meeting scheduled for October 5, 2018, including a
resolution approving a 2:1 consolidation of the Company’s common shares; and
2. approval of the TSX Venture Exchange.

Settlement Shares and Settlement Warrants will be issued to related parties of the Company in the
following amounts:

• Evan Jones (President): 2,171,904 Settlement Shares and 206,848 Settlement Warrants for
$108,595 in Settled Debt.
• John Jones (Chairman): 10,164,312 Settlement Shares and 10,164,312 Settlement Warrants for
$508,216 in Settled Debt.
• Bridgemark Advisory Services, Anthony Jackson (Chief Financial Officer): 1,750,000 Settlement
Shares for $87,500 in Settled Debt.

To the extent it involves the foregoing persons, the Debt Settlement is a “related party transaction” within
the meaning of Policy 5.9 of the TSX Venture Exchange. An exemption from the valuation and minority
approval requirements of Policy 5.9 is available, as the fair market value of such Debt Settlement is less
than 25% of the market capitalization of the Company.

Commenting on the transaction, Altan Nevada Chairman, Mr John Jones, said today:

“I would personally like to thank all of these key stakeholders for their support over the last few difficult
years and for their ongoing commitment to the Company as we embark on our new exploration program
at the Venus Project. By converting debt to shares, the Company will be able to ensure that shareholder
funds are directed into the projects and allow us to focus on developing the Company’s assets with a
much stronger balance sheet.”

Private Placement Update

As announced on August 8, 2018 the Company is currently undertaking a non-brokered private
placement to raise gross proceeds of between $500,000 and $1,000,000 to fund exploration at the
Company’s 100% owned Venus Copper Gold Project, Nevada. The private placement is subject to TSX
Venture approval.

Venus Property Exploration Plans

The Venus Project is located within the Yerington copper porphyry district in the Walker Lane mineralized
belt in Nevada. It is approximately six miles east-south-east of the Yerington township, and easily
accessible by both paved and dirt roads.

Altan Nevada’s decision to advance exploration at the Venus Project coincides with the recommencement
of development of Nevada Copper Corp.’s (TSX: NCU) Pumpkin Hollow Copper Mine immediately to the
north and less than one mile from the tenement boundary which is expected to produce an average 50
million pounds of copper annually over 23 years commencing mid-2019.

A news release highlighting the potential for the Venus Project was released on August 7, 2018. Venus
is considered to have the potential for the discovery of new deposits of similar size and grade to Pumpkin
Hollow. It also has the potential for discovery of buried porphyry-style copper mineralization with
characteristics similar to the Yerington Mine.

Shareholders Meeting

Altan Nevada will be holding a special meeting of its shareholders on October 5, 2018 (the “Meeting“) at
which it will seek shareholder approval for (a) a 2:1 consolidation of its common shares, (b) an
amendment to the Company’s articles to permit certain matters currently requiring shareholder approval
to be approved by the Company’s directors (including name changes and consolidations and subdivisions
of the Company’s share capital), and (c) chairman John Jones becoming a “control person” of the
Company as such term is defined under the applicable policies of the TSX Venture Exchange.

A Notice of Meeting and information circular in respect of the Meeting has been mailed to shareholders
of the Company, and will be posted under the Company’s profile at www.sedar.com.

Contact:

John Jones AM (Chairman)
Perth, Australia
Phone: +61 9322 1788
Email: [email protected]

Altan Nevada Minerals Ltd
800-1199 West Hastings Street
Vancouver BC Canada V6E-3T5
[email protected]

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the accuracy or adequacy of this
release.
CAUTIONARY NOTE REGARDING FORWARD LOOKING STATEMENTS: This news release contains
forward-looking statements or forward-looking information (forward-looking statements). These
statements can be identified by expressions of belief, expectation or intention, as well as those
statements that are not historical fact. Forward-looking statements involve a number of risks,
uncertainties and assumptions that could cause actual results or events to differ materially from those
expressed or implied by the forward-looking statements. Forward-looking statements contained in thispress release are based on our current estimates, expectations and projections, which the Company
believes are reasonable as of the current date. Actual results could differ materially from those anticipated
or implied in the forward-looking statements and as a result undue reliance should not be placed on
forward-looking information.

Altan Nevada Announces Financing and Exploration Plans, Proposes Share Consolidation

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VANCOUVER, August 8, 2018. Altan Nevada Minerals Ltd. (TSX.V ANE) (“Altan Nevada” or the
Company”) is pleased to announce plans to raise capital for continued exploration and drilling at the
company’s 100% owned Venus Copper Project. The Company also proposes to undertake a 2:1
consolidation of its common shares.
Private Placement

The Company is undertaking a non-brokered private placement to raise gross proceeds of between
$500,000 and $1,000,000 by the sale of units at a price of $0.025 per unit (the “Private Placement”).
Each unit will consist of one common share of the Company and a share purchase warrant entitling the
holder to acquire an additional common share at a price of $0.05 for a period of two years following
closing. The Private Placement is subject to the approval of the TSX Venture Exchange, and will require
an exemption from the TSX Venture Exchange’s minimum $0.05 pricing rule. The Company may pay
finders fees on the private placement in line with normal commercial practice.
Use of Proceeds

Assuming the Private Placement is fully subscribed, the $1,000,000 in gross proceeds are intended to be
applied broadly as follows:

Use of Proceeds Cost
Payment of Existing Trade Creditors $60,000
Environmental access, mining licence and permitting fees $40,303
2018 Exploration Program $472,500
Financing costs $60,000
General and administrative expenses $200,000
Working capital $147,197
Total Funds $1,000,000

The Company presently has debts in the approximate amount of $900,000. The Company intends to
apply approximately $60,000 of the proceeds of the financing to pay certain key creditors who must be
paid so the Company can maintain its status as a listed public company. After such payment, the
Company will have a balance of approximately $840,000 in remaining debts. The Company is in
discussions with its remaining creditors regarding the repayment of these debts, which may involve the
issuance of shares for debt, or a combination of share issuances and cash payments. Any settlement of
the Company’s outstanding debts involving the issuance of shares will require the approval of the TSX
Venture Exchange. Substantially all of the Company’s remaining creditors have agreed not to require
repayment of their debts prior to December, 2019, although the Company may enter into settlement
agreements respecting the debts with some or all of its creditors at any time.Commenting on the proposed changes, Altan Nevada Chairman, Mr John Jones, said today:

“This is a real milestone for the company and a credit to the team for maintaining the company and its
assets through difficult times.

“It is remarkable that an opportunity like the Venus Project exists, but we have seen many times before
how some of the best projects can be overlooked, creating an opportunity for those with the skills to
recognize the potential.

“Our strategy of applying world class technology and experience to review mineral opportunities has
delivered an outstanding target and we look forward to conducting our maiden drill program later this
calendar year.”

Venus Property Exploration Plans

The Venus Project is located within the Yerington copper porphyry district in the Walker Lane
mineralized belt in Nevada. It is approximately six miles east-south-east of the Yerington township, and
easily accessible by both paved and dirt roads.

Altan Nevada’s decision to advance exploration at the Venus Project coincides with the
recommencement of development of Nevada Copper Corp.’s (TSX:NCU) (“Nevada Copper”) Pumpkin
Hollow Copper Mine immediately to the north and less than one mile from the tenement boundary
which is expected to produce an average 50 million pounds of copper annually over 23 years
commencing mid-2019.

A news release highlighting the potential for the Venus project was released on August 7, 2018. Venus is
considered to have the potential for the discovery of new deposits of similar size and grade to Pumpkin
Hollow. It also has the potential for discovery of buried porphyry-style copper mineralization with
characteristics similar to the Yerington Mine.

The next stage of the exploration program at the Venus Project is to prioritize and further ground truth
existing targets with a view to commence drill testing late in 2018.

Shareholders Meeting

Altan Nevada will be holding a special meeting of its shareholders on in or about the first week of
October, 2018 (the “Meeting”) at which it will seek shareholder approval for a 2:1 consolidation of its
common shares. Currently the Company has 37,029,600 common shares outstanding, which will
increase to 77,029,600 shares if the Placement is fully subscribed. If the consolidation is approved by
shareholders, the Company will then have 38,514,800 common shares issued and outstanding.

The Company will also be seeking shareholder approval at the Meeting for an amendment to its Articles
to allow certain matters which currently require shareholder approval to be approved by a resolution of
the Company’s board of directors, as permitted under British Columbia Business Corporations Act. If the
amendments are approved – which will require the affirmative vote of 66 2/3 of the Company’s
shareholders – the board will be authorized to approve consolidations and subdivisions of the
Company’s common shares, and changes to the Company’s name. These provisions are commonly
2found in the articles of British Columbia corporations, and their adoption will provide the Company’s
board with flexibility and minimize costs and delays if such changes are required to be made at any point
in the future.

A final item of business to be put before shareholders is the approval of the Company’s Chairman, John
Jones, becoming a “control person” of the Company as such term is defined in the TSX Venture
Exchange’s Corporate Finance Manual. Under the policies of the TSX Venture Exchange, shareholder
approval is required when any person becomes a “control person” of the Company, which is deemed to
have occurred when a shareholder acquires 20% or more of a listed issuer’s voting securities after giving
effect to the exercise of any warrants, options or other convertible shares held by such shareholder. Mr.
Jones presently holds 324,586 common shares and 175,000 stock options of the Company (pre-
consolidated numbers), representing 1.34% of the Company’s current issued and outstanding common
shares assuming the exercise of all issued options. Mr. Jones anticipates participating in the Private
Placement which, depending on the number of units which he and others decide to acquire, may seeContact:
him exceed the 20% threshold. Even if the Placement does not result in Mr. Jones becoming a control
person, Mr. Jones is a significant creditor of the Company, being owed approximately $390,000. If
shares are issued in settlement of the debts owed to him by the Company, such share issuances may
also cause him to become a control person. Anticipating this possibility, the Company intends to seek
the shareholder approval the TSX Venture Exchange so requires.

A Notice of Meeting and information circular respecting the Meeting will be mailed to shareholders of
the Company shortly, and will be posted under the Company’s profile at www.sedar.com.

Contact:
John Jones AM (Chairman)
Perth, Australia
Phone: +61 9322 1788
Email: [email protected]

Altan Nevada Minerals Ltd
800-1199 West Hastings Street
Vancouver BC Canada V6E-3T5

Altan Nevada’s Exploration Review Reveals Drill Targets at Venus Project

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Highlights

  • Along strike from Nevada Copper’s Pumpkin Hollow Cu, Au, Ag deposits
  • Untested copper, gold and silver surface geochemical anomalies
  • Magnetic targets within 200m of surface
  • Induced polarisation anomalies adjacent to the Graben Fault

VANCOUVER, August 7, 2018 – Altan Nevada Minerals Ltd. (TSX.V ANE) (“Altan Nevada” or the
Company”) is pleased to announce its decision to advance exploration at the Company’s Venus Project,
Yerington District, Nevada, USA.
The Venus Project, which is 100% owned by Altan Nevada, is located within the Yerington copper
porphyry district in the Walker Lane mineralized belt in Nevada. It is approximately six miles east-south-
east of the Yerington township, and easily accessible by both paved and dirt roads. Altan Nevada’s
decision to advance exploration at the Venus Project coincides with the recommencement of
development at Nevada Copper Corp.’s (TSX:NCU) (“Nevada Copper”) Pumpkin Hollow Copper Mine
immediately to the north and less than one mile from the tenement boundary (Figure 1).

venus1
Figure 1 – Aerial view of Altan Nevada’s Venus Project and Nevada Copper’s Pumpkin Hollow Project with deposit locations.

Pumpkin Hollow, 100%-owned by Nevada Copper, is a fully permitted project, encompassing both
underground and open cut mines, and is expected to produce an average 50 million pounds of copper
annually over 23 years commencing mid-2019. Located on-strike from Pumpkin Hollow, Altan Nevada’s
Venus Project consists of 111 unpatented mining claims covering approximately 2,165 acres (~8.76 km2),
all situated on Bureau of Land Management (Federal) land.

Altan Nevada recently commissioned leading geo-scientific exploration consultants, Terra Resources Pty
Ltd, to undertake a review of the Venus Project and its potential to host shallow mineralised targets.
The review included both previous work undertaken by Altan Nevada and public information from
Pumpkin Hollow across a number of geo-scientific disciplines including regional geology, surface
geochemistry, ground magnetics, gravity and Induced Polarization (IP) surveys.

As the Pumpkin Hollow deposits are high grade IOCG chalcopyrite-magnetite skarn, magnetics and
IP/resistivity have been useful in identifying the location of mineralisation under cover. Previously,
Altan Nevada conducted ground geophysical surveys including gravity, magnetics and IP over part of the
Venus project. The ground magnetics has directly identified zones which are interpreted to be
associated with magnetite. Recent 3D modelling suggests the depth to the top of these target areas are
all less than 200m (Figure 2).

venus2
Figure 2 – Results of the ground magnetic survey (left) and 3D magnetic modelling. Depth slices at ~150m below surface (right) with potential target areas. Also shown are Nevada Copper’s deposit locations. The Nevada Copper deposits are associated with magnetic highs.

Rock chip and soil sampling activities were also conducted, both along the northern border in an area of
gold-telluride veins and further south in a zone of copper-stained granitic dikes (Figure 3). Assays
confirmed elevated gold, copper and tellurium to the north and demonstrated that a dike zone carries
2copper (0.86%) and gold (6.04 g/t), supporting potential for the occurrence of high grade copper-
precious metals veins. Moreover, evidence at surface of anomalous copper, silver and gold leakage
along structures suggests that geological targets may exist similar to the known mineralization at
Pumpkin Hollow.

venus3
Figure 3 – Results of surface geochemical sampling for copper (left) and gold (right). Also shown are Nevada Copper’s deposit
locations.

Venus presents as a porphyry/ skarn Cu (Au, Ag, Fe) target with the IP survey (Figure 4) producing a
good response at shallow depth adjacent to the Graben Fault and strong gold anomalies (6.8 g/t). Drill-
ready targets over robust Cu/ Au anomalies associated with potassic alteration and a zone of porphyry
dikes, are present as well as evidence for deeper magnetite sources in the ground magnetics.

venus4
Figure 4 – Results from two lines of IP (left) and surface geochemistry (right). The IP depth sections plotted underneath the
acquisition location (blue line), shows two good targets adjacent to the Graben Fault. These represent standalone drill
targets. Geochemical target areas are shown (right). Also shown are Nevada Copper’s deposit locations.

In summary, Venus is considered to have good potential for the discovery of new deposits of similar size
and grade to Pumpkin Hollow. It also has the potential for discovery of buried porphyry-style copper
mineralization with characteristics similar to the Yerington Mine.
The next stage of the exploration program at the Venus Project is to prioritize and further ground truth
existing targets with a view to commence drill testing late in 2018.
Contact:
John Jones AM (Chairman)
Perth, Australia
Phone: +61 9322 1788
Email: [email protected]

Altan Nevada Minerals Ltd
800-1199 West Hastings Street
Vancouver BC Canada V6E-3T5
NI 43-101 Statement
The scientific and technical information in this news release has been reviewed and approved by Mr.
Barry Bourne, who is employed as a Consultant to the Company through geophysical consultancy Terra
Resources Pty Ltd. Mr. Bourne is a fellow of the Australian Institute of Geoscientists and a member of the
Australian Society of Exploration Geophysicists, and a Qualified Person under the terms of National
Instrument 43-101. Mr. Bourne has verified the technical data disclosed in this news release.

Cautionary Statement on Forward-Looking Information

Certain statements in this release constitute “forward-looking statements” or “forward-looking
information” within the meaning of applicable securities laws, including without limitation, statements
regarding commencing drill testing in late 2018, and statements regarding good potential for the
discovery of new deposits at the Venus Project.

Such statements involve known and unknown risks, uncertainties and other factors which may cause the
actual results, performance or achievements of the company, or industry results, to be materially
different from any future results, performance or achievements expressed or implied by such forward-
looking statements or information. Such statements can be identified by the use of words such as “may”,
“would”, “could”, “will”, “intend”, “expect”, “believe”, “plan”, “anticipate”, “estimate”, “scheduled”,
“forecast”, “predict” and other similar terminology, or state that certain actions, events or results “may”,
“could”, “would”, “might” or “will” be taken, occur or be achieved. These statements reflect the
company’s current expectations regarding future events, performance and results and speak only as of
the date of this release.

All such forward-looking information and statements are based on certain assumptions and analyses
made by Altan Nevada’s management in light of their experience and perception of historical trends,
current conditions and expected future developments, as well as other factors management believe are
appropriate in the circumstances. These statements, however, are subject to a variety of risks and
uncertainties and other factors that could cause actual events or results to differ materially from those
projected in the forward-looking information or statements including, but not limited to, unexpected
changes in laws, rules or regulations, or their enforcement by applicable authorities; the failure of parties
to contracts to perform as agreed; social or labour unrest; changes in commodity prices; and the failure
of exploration programs or other studies to deliver anticipated results or results that would justify and
support continued studies and exploration.

Readers are cautioned not to place undue reliance on forward-looking information or statements.
Although the forward-looking statements contained in this news release are based upon what
management of Altan Nevada believes are reasonable assumptions, the company cannot assure
investors that actual results will be consistent with these forward-looking statements. These forward-
looking statements are made as of the date of this news release and are expressly qualified in their
entirety by this cautionary statement. Subject to applicable securities laws, the company does not
assume any obligation to update or revise the forward-looking statements contained herein to reflect
events or circumstances occurring after the date of this news release.

Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada
accepts responsibility for the adequacy or accuracy of this news release.

Altan Nevada Announces Appointment of Peter Stern and Resignation of Aidan Nania

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May 12, 2017 – Vancouver, British Columbia – Altan Nevada Minerals Limited, TSX.V: ANE (“Altan
Nevada” or the “Company”) announces the appointment of Peter Stern to the board of directors (“the
Board”) and the resignation of Aidan Nania from the Board of Directors (“the Board”).

Peter Stern graduated from Melbourne’s Monash University with a Bachelor of Science (geology)
achieving first class honours. After working for a period as a geologist, he commenced a corporate
advisory career, spending 6 years in corporate advisory with Macquarie Bank, then three years with UBS
and finally three years with Deutsche Bank, all the while with a resources, M&A, capital raising focus. In
2000, Peter established Metropolis Corporate Advisory Services, a boutique corporate advisory firm
specializing in undertaking the same type of work for the junior resources sector. He is today Australia’s
leading corporate advisor in proxy fight transactions. Mr. Stern is a Fellow of the Australian Institute of
Company Directors. He is currently a Director of ASX-listed Anglo Australian Resources NL.

The Company wishes to thank Mr. Nania for his contribution to the Company over the past years and
wishes him well with future endeavors.

About Altan Nevada

Altan Nevada is a leading exploration innovator focused on the discovery of large-scale ore systems in
under-explored districts of Nevada, USA. The Company’s holdings in Nevada currently total
approximately 8,350 hectares. Projects include two potential district-scale extensions to the north Carlin
Gold Trend, three Yerington District copper-gold targets and three large-scale gold alteration systems
along the Walker Lane lineament in central Nevada.

On behalf of Altan Nevada Minerals Limited,

“Evan Jones”

Evan Jones, President & CEO
For more information please contact:
Altan Nevada Minerals Limited
Tel: +1 604 495 8374
Email: [email protected]
Web: www.altnev.com