# 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-staging.minestarters.com/news/altamira-gold-announces-non-brokered-private-placement-of-up-to-c-4-million-with--edb81985-9c29-4f30-aa79-e09d20821953

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: Capital raise, Resource update

- Extracted: 2026-08-21 08:02:17 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 Central Area resources within the Cajueiro project.

Reasoning: The company is raising up to C$4M via a private placement with strategic support to fund exploration at its Cajueiro project, which already holds significant gold resources.

- Positive factor: Strategic investment from existing large shareholders Crescat Capital and Aura Minerals

- Positive factor: Financing specifically earmarked for drilling at high-priority targets

- Positive factor: Resource base expansion mentioned \(doubling resources\)

- Negative factor: Dilutive nature of private placement

Facts used in scoring: 4

## Classification and evidence

**Maiden Resource**

Polarity: neutral

Definition: First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component.

Why it applies: CEO mentions maiden resources at Maria Bonita.

Evidence · text

> The maiden resources at Maria Bonita significantly increase the known resource base

**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 as defined by National Instrument 43-101, supervised the preparation of the technical information

## Extracted facts

Stored fact records: 0. Some facts used in scoring do not have a stored record.

No stored fact records are available for this extraction.

## 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.