Altiplano Announces Change of Directors and Award of Options

EDMONTON, Alberta, March 06, 2017 (GLOBE NEWSWIRE) -- Altiplano Minerals Ltd. (TSX‐V:APN) (“APN” or the “Company”) announces today the appointment of Jeremy Yaseniuk as Director of Business Development and Director, subject to regulatory approval.

Jeremy Yaseniuk is a highly motivated, team orientated management professional with more than 20 years of experience in business financing, restructuring, recapitalizing and assisting public companies. He has aided more than 12 public companies with going public and facilitated restructuring debt for 3, directly raised more than $25 million and assisted in raising more than $300 million as a group effort. His previous positions as Broker, CFO, Chief Compliance Officer, Director and Manager of Growth and Development have provided a significant understanding of business and the capital markets in addition to creating an extensive professional network.

John Williamson, CEO of Altiplano stated, “We are very pleased to have Jeremy join the board. Altiplano is in a position of growth and we anticipate Jeremy’s experience and expertise to be valuable during this important period of development.”

In addition, the Company announces the resignation of Mrs. Jo Price from the Board. Mrs. Price has been a Director with Altiplano since July 2014.

“The Altiplano team would like to extend a sincere thank you to Jo for her hard work as a Director of the company,” Mr. Williamson said. “Her expertise, personality and team mentality will be missed. We wish Jo all the best with her future endeavors.”

The Board of Directors has resolved to grant an aggregate of 550,000 incentive stock options (“Options”) to acquire common shares of the Company pursuant to the Company’s Stock Option Plan (the “Plan”) to directors and consultants of the Company. The Options have an exercise price of $0.20, vest upon grant, and will expire in accordance with the Plan.

About Altiplano

Altiplano Minerals Ltd. (TSX‐V:APN) is a mineral exploration company focused on evaluating and acquiring projects with significant potential for advancement from discovery through to production, in Canada and abroad. Management has a substantial record of success in capitalizing opportunity, overcoming challenges and building shareholder value. Additional information concerning Altiplano can be found on its website at www.altiplanominerals.com.

ON BEHALF OF THE BOARD

/s/ "John Williamson"
President and CEO

Tel: (780) 437-6624

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 adequacy or accuracy of this release.

This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address exploration drilling, exploitation activities and events or developments that the Company expects are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continuity of mineralization, uncertainties related to the ability to obtain necessary permits, licenses and title and delays due to third party opposition, changes in government policies regarding mining and natural resource exploration and exploitation, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. For more information on the Company, investors should review the Company's continuous disclosure filings that are available at www.sedar.com.