# Altamira Gold Announces Non-Brokered Private Placement of up to C$4 Million with Lead Order from Strategic Investor Crescat Capital Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/altamira-gold-announces-non-brokered-private-placement-of-up-to-c-4-million-with--bb34d403-d79b-482b-af8b-cd6e6e9c1c97 Original source: https://money.tmx.com/en/quote/ALTA/news/8879745609450165/altamira-gold-announces-non-brokered-private-placement-of-up-to-c-4-million-with Publisher: tmx Original announcement: 2025-06-11T10:30:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Altamira Gold Corp. - Ticker: ALTA - Exchange: TSX - Region: western central Brazil - Primary commodity: Gold - Secondary commodities: Copper - Document categories: Resource update, Capital raise - Extracted: 2026-09-13 11:24:48 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary Altamira Gold Corp. has announced a non-brokered private placement of up to 40 million units at C$0.10 per unit, aiming to raise up to C$4 million. The proceeds are intended to fund follow-up drilling at the Maria Bonita and Cajueiro gold projects and support general working capital. Reasoning: The company is raising up to C$4M to fund exploration at its gold projects, supported by strategic existing investors. - Positive factor: Strategic investment from existing large shareholders Crescat Capital and Aura Minerals - Positive factor: Financing specifically earmarked for drilling at Maria Bonita and Cajueiro projects - Positive factor: Resource base expansion mentioned by CEO - Negative factor: Dilutive nature of private placement Facts used in scoring: 5 ## Classification and evidence **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: Guillermo Hughes, a Qualified Person, supervised the technical information. Evidence · text > Guillermo Hughes... a Qualified Person... supervised the preparation of the technical information **Maiden Resource** Polarity: neutral Definition: First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component. No prior estimate exists, so every change band is not applicable. Why it applies: CEO Michael Bennett refers to the Maria Bonita resources as maiden resources. Evidence · text > The maiden resources at Maria Bonita significantly increase the known resource base **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: The Central Area resources are explicitly stated as NI 43-101 resources. Evidence · text > The central area comprises NI 43-101 resources ## Extracted facts Stored fact records: 4. Some facts used in scoring do not have a stored record. ## Resource Estimates (4) ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/altamira-gold-announces-non-brokered-private-placement-of-up-to-c-4-million-with--bb34d403-d79b-482b-af8b-cd6e6e9c1c97#fact-resource-facts-1) Cajueiro · gold #### Identity - Project: Cajueiro - Commodity: gold - Region: brazil - Reported Region: western central Brazil - Ticker: ALTA #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Guillermo Hughes - Resource group id: resource:06565860a5769c9cf882 - Deposit or zone: Central Area - Mining method: open\_pit #### Resource Data - Category: indicated - Tonnes: 5660000 - Grade: 1.02 - Grade Unit: g/t - Contained Metal: 185000 - Contained Unit: oz #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-06-11T00:00:00.000Z Reasoning: Indicated resource for Central Area. - Positive factor: NI 43-101 compliant Evidence · text > Central area comprises NI 43-101 resources of 5.66Mt @ 1.02 g/t gold for a total of 185,000 oz in the Indicated Resource category #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/altamira-gold-announces-non-brokered-private-placement-of-up-to-c-4-million-with--bb34d403-d79b-482b-af8b-cd6e6e9c1c97#fact-resource-facts-2) Cajueiro · gold #### Identity - Project: Cajueiro - Commodity: gold - Region: brazil - Reported Region: western central Brazil - Ticker: ALTA #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Guillermo Hughes - Resource group id: resource:9cae5a2110135bf78096 - Deposit or zone: Central Area - Mining method: open\_pit #### Resource Data - Category: inferred - Tonnes: 12660000 - Grade: 1.26 - Grade Unit: g/t - Contained Metal: 515000 - Contained Unit: oz #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-06-11T00:00:00.000Z Reasoning: Inferred resource for Central Area. - Positive factor: NI 43-101 compliant - Negative factor: Inferred category implies lower confidence Evidence · text > 12.66Mt @ 1.26 g/t gold for a total of 515,000oz in the Inferred Resource category #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/altamira-gold-announces-non-brokered-private-placement-of-up-to-c-4-million-with--bb34d403-d79b-482b-af8b-cd6e6e9c1c97#fact-resource-facts-3) Cajueiro · gold #### Identity - Project: Cajueiro - Commodity: gold - Region: brazil - Reported Region: western central Brazil - Ticker: ALTA #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Guillermo Hughes - Resource group id: resource:81a1c263252d88dc1b42 - Deposit or zone: Maria Bonita - Mining method: open\_pit #### Resource Data - Category: indicated - Tonnes: 24190000 - Grade: 0.46 - Grade Unit: g/t - Contained Metal: 357800 - Contained Unit: oz #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-06-11T00:00:00.000Z Reasoning: Indicated resource for Maria Bonita. - Positive factor: Maiden resource mentioned by CEO Evidence · text > Maria Bonita gold deposit comprises additional open-pit Indicated Resources of 24.19Mt @ 0.46g/t for a total of 357,800oz #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/altamira-gold-announces-non-brokered-private-placement-of-up-to-c-4-million-with--bb34d403-d79b-482b-af8b-cd6e6e9c1c97#fact-resource-facts-4) Cajueiro · gold #### Identity - Project: Cajueiro - Commodity: gold - Region: brazil - Reported Region: western central Brazil - Ticker: ALTA #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Guillermo Hughes - Resource group id: resource:43e4f3c8f322c2599e25 - Deposit or zone: Maria Bonita - Mining method: open\_pit #### Resource Data - Category: inferred - Tonnes: 25640000 - Grade: 0.44 - Grade Unit: g/t - Contained Metal: 362400 - Contained Unit: oz #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-06-11T00:00:00.000Z Reasoning: Inferred resource for Maria Bonita. - Positive factor: Maiden resource mentioned by CEO - Negative factor: Inferred category implies lower confidence Evidence · text > and Inferred Resources of 25.64Mt @ 0.44g/t for a total of 362,400oz #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.