Alto Ventures Ltd.
TSX VENTURE : ATV

Alto Ventures Ltd.

May 24, 2006 12:08 ET

Alto Ventures Retains Clark Avenue Company Inc. as Investor Relations Counsel

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - May 24, 2006) - Richard Mazur, President and CEO of Alto Ventures Ltd. (TSX VENTURE:ATV) is pleased to announce that it has appointed Clark Avenue Company Inc. ("Clark Avenue") as its investor relations counsel.

Clark Avenue was founded in 1989 and specializes in corporate communications, investor relations and developing investment community sponsorship for growth oriented public companies. Clark Avenue will concentrate on introducing Alto Ventures to its network of brokers, analysts and money managers, institutional investors and investment bankers.

Clark Avenue has been engaged for a six month contract at a rate of Cdn$5,000 per month. Subject to regulatory acceptance, Clark Avenue has also been granted an option entitling it to purchase up to 530,000 common shares of the Corporation at $0.18 per share. These options shall vest as per TSX Venture Exchange regulations.

Other than this incentive stock option, neither Clark Avenue nor its principals has any direct or indirect interest in any of the Corporation's securities.

Alto Ventures Ltd. is a gold exploration and development company with a portfolio of nine properties in the Canadian Shield. The Company is focused on projects located within the Abitibi Greenstone Belt in Ontario and Quebec as well as in historic gold producing districts.

ON BEHALF OF THE BOARD

Richard Mazur, P.Geo., President & CEO

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

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