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]