To: Goose94 who wrote (8027 ) 8/24/2015 8:12:32 PM From: Goose94 Read Replies (1) | Respond to Altiplano Minerals (APN-V) Aug 24, '15 announces that it has entered into a binding arm’s length letter agreement to acquire all of the issued and outstanding shares of Demetra Minerals Inc. DMI is incorporated under the laws of British Columbia, and beneficially owns all of the shares of Demetra Minerals S.A., an Argentina corporation, which holds a mining lease for a gypsum (calcium sulphate) deposit known as the Ana Sofia property, located in Santiago del Estero Province, approximately 54 km from Santiago City and approximately 1,100 km northwest from Buenos Aires. DMI has no material debt, and only trade creditors in the ordinary course of business. Acquisition ”) by way of an amalgamation of DMI with a new BC subsidiary of the Company (yet to be incorporated), in exchange for new shares of the Company. DMI currently has 40,031,556 common shares issued and outstanding. Prior to the Acquisition, DMI will undergo a 2:1 share consolidation and 8,400,000 post-consolidation shares held by principals of DMI will be converted into special warrants of DMI with performance thresholds based on future earnings. The post-consolidation shares of DMI and issued special warrants will then be exchanged for shares and special warrants of the Company on a one-for-one basis (i.e., about 11.6 million shares of APN, plus 8.4 million special warrants of APN). The special warrants of the Company will permit the conversion into shares of APN of: (i) 25% of the original number of special warrants when the Property has achieved the first shipment of calcium sulphate; (ii) another 25% of the original number of special warrants when total cumulative revenues of the Company are $5 million; (iii) another 25% of the original number of special warrants when total cumulative revenues of the Company are $10 million (including the initial $5 million in revenues); and (iv) the final 25% of the original number of special warrants when total cumulative revenues of the Company are $20 million (including the initial $10 million in revenues). About Altiplano Altiplano Minerals Ltd. (APN: TSX - V) is a mineral exploration company focused on evaluating and acquiring projects with significant potential for advancement from discovery through to production, in Canada and abroad. Management has a substantial record of success in capitalizing opportunity, overcoming challenges and building shareholder value. Additional information concerning Altiplano can be found on its website at www.altiplanominerals.com ON BEHALF OF THE BOARD /s/ "John Williamson" APN: TSX-V
