TSXV:ALT
TORONTO, June 30 /CNW/ - Alturas Minerals Corp. (the "Company") (TSX-V: ALT) is pleased to announce that the Company's common shares have been listed and commenced trading on the Bolsa de Valores de Lima (Lima Stock Exchange) ("BVL") on June 25, 2008. Alturas's listing on the BVL is being sponsored by Credibolsa, Peru's largest brokerage firm and the trading arm of Banco de Credito, Peru's largest bank. The listing, in conjunction with the existing TSX-V quote of the Company's shares, is expected to provide additional demand for and liquidity in the Company's shares.
Miguel Cardozo, President & CEO, commented "Alturas has reached an important milestone with the listing of the company on Peru's BVL, one of the world's best performing stock exchanges in 2007. Mining shares make up approximately 70% percent of the exchange listings and the sector returned 34.5% percent on investments in 2007, measured in US Dollars. The success of the BVL reflects the outstanding performance of Peru's strongly mining-oriented economy, which achieved a growth rate of 9% in 2007 and is expected to maintain a similar economic development in the foreseeable future. Local investors in this emerging regional economic power now have the opportunity to participate in this growth as new shareholders in Alturas".
About Alturas Minerals Corp.
Alturas is a Canadian corporation, and is the parent of Alturas Minerals S.A. ("Alturas Peru"). Alturas Peru has been actively exploring various mineral projects in Peru since January 2004. The principal assets of Alturas are four mineral exploration projects located in southern Peru, being the Huilacollo Gold Project, the Banos del Indio Gold Project, the Utupara Copper-Gold Project and the Huajoto Gold-Silver-Zinc Project. In addition, Alturas Peru has interests in eight other exploration projects in Peru. Alturas' exploration strategy is focused on the discovery of large epithermal gold mineralized deposits and copper-gold porphyry/skarn deposits. For further information, please visit the Company's website at www.alturasminerals.com.
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Cautionary Language and Forward-Looking Statements
This press release may contain "forward-looking statements", which are subject to various risks and uncertainties that could cause actual results and future events to differ materially from those expressed or implied by such statements. Investors are cautioned that such statements are not guarantees of future performance and results. Risks and uncertainties about the Company's business are more fully discussed in the Company's disclosure documents filed from time to time with the Canadian securities authorities