• Altamin Ltd conducting a 45 for 100 pro-rata accelerated non-renounceable entitlement offer
• Offer to raise up to approximately $6.46 million (before costs)
• Proceeds to be used for exploration, maintenance of Gorno Project, and other corporate expenses

Altamin Ltd (ASX:AZI) has announced a 45 for 100 pro-rata accelerated non-renounceable entitlement offer to raise up to approximately $6.46 million (before costs) via the issue of new fully paid ordinary shares at $0.025 per share. The proceeds of the offer will predominantly be applied towards exploration and related activities at the Company's Lazio Project, maintaining the Gorno Project, as well as towards payment of offer expenses, general corporate expenses, and working capital. The offer comprises an institutional entitlement offer and a retail entitlement offer, both at the same price and ratio. Altamin has determined that it would be unreasonable to make offers to shareholders outside of Australia, Italy, Japan, Mauritania, New Zealand, Singapore, Slovakia, and the United Kingdom, and as such, these ineligible shareholders will not be able to participate in the retail entitlement offer. Altamin has appointed a nominee to sell the entitlements of ineligible shareholders and distribute the net proceeds to them.