Altan Nevada Minerals Limited (TSX.V: ANE) (“Altan Nevada” or the “Company”) is pleased to announce that it has closed its non-brokered private placement (the “Offering”) of 20,000,000 common shares of the Company (the “Common Shares”) at a price of C$0.05 per Common Share (the “Offering Price”) for aggregate gross proceeds of C$1,000,000, previously announced on April 13, 2023. There were no finders’ fees payable in connection with the Offering.