SOURCE: Alto Group Holdings, Inc.

Alto Group Holdings, Inc.

April 18, 2011 08:00 ET

Alto Group Holdings Announces Environmental Permit Approved on Bogue Gold Project

NEW YORK, NY--(Marketwire - Apr 18, 2011) - Alto Group Holdings, Inc. (OTCBB: ALTO) ("Alto Group" or the "Company"), an innovative mining and commodities trade company headquartered in New York, announces that the ministry of mines in Mali, West Africa has now completed the approval of the environmental permit on the Bogue Gold project.

This approval is a key regulatory permit required which will allow the company to produce within the Bogue Gold project in a commercial capacity under the regulation of the mining code within Mali. Management is very excited about the recent events surrounding the permit status converting from exploration to exploitation, the extension of an additional 10 kilometers within this permit and now finally the environmental permitting to conclude what is required from the ministry of mines to begin our exploitation efforts in next season.

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Notice Regarding Forward-Looking Statements

This news release contains "forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of our exploration program at our properties and any anticipated future production. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with petroleum exploration and development stage exploration companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-KSB for the most recent fiscal year, our quarterly reports on Form 10-QSB and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

Alto Group Holdings, Inc.
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Mark Daniel Klok
President and CEO

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  • Alto Group Holdings Inc.
    245 Park Ave - 24th Floor
    New York, NY 10167