Altus Strategies Plc (AIM: ALS, TSX-V: ALTS, OTCQX: ALTUF) announces further encouraging results from the recently completed 10,308m Reverse Circulation ('RC') drilling programme at its 100% owned Diba gold project located in western Mali.

Diba hosts a shallow-dipping, near-surface gold deposit (the 'Diba Deposit') and several other prospect areas.

Steven Poulton, Chief Executive of Altus, commented: 'We are delighted to report on further highly encouraging results from the recently completed 10,308m RC drilling programme at the Diba gold deposit in western Mali. The results include 43.83 g/t Au over 5m from surface, from a drill hole designed to test a modelled northeast trending high-grade zone. We are also encouraged by intercepts outside the current MRE envelope, including 11.03 g/t Au over 3m from 37m, which may potentially extend the mineralised zone by approximately 100m to the west.

'Results are currently pending from 33 holes that have been drilled at a number of prospects outside of the current MRE. Our technical team is reviewing the data received to date and planning a ground magnetic survey which will commence shortly and be used to guide the next phase of drilling. We look forward to updating shareholders in due course.'

Contact:

Steven Poulton

Tel: +44 (0) 1235 511 767

Email: info@altus-strategies.com

About Altus Strategies Plc

Altus Strategies (AIM: ALS, TSX-V: ALTS & OTCQX: ALTUF) is a mining royalty company generating a diversified and precious metal focused portfolio of assets. The Company's focus on Africa and differentiated approach, of generating royalties on its own discoveries as well as through financings and acquisitions with third parties, has attracted key institutional investor backing. The Company engages constructively with all stakeholders, working diligently to minimise its environmental impact and to promote positive economic and social outcomes in the communities where it operates.

Cautionary Note Regarding Forward-Looking Statements

Certain information included in this announcement, including information relating to future financial or operating performance and other statements that express the expectations of the Directors or estimates of future performance constitute 'forward-looking statements'. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include, without limitation, the completion of planned expenditures, the ability to complete exploration programmes on schedule and the success of exploration programmes. Readers are cautioned not to place undue reliance on the forward-looking information, which speak only as of the date of this announcement and the forward-looking statements contained in this announcement are expressly qualified in their entirety by this cautionary statement.

Where the Company expresses or implies an expectation or belief as to future events or results, such expectation or belief is based on assumptions made in good faith and believed to have a reasonable basis. The forward-looking statements contained in this announcement are made as at the date hereof and the Company assumes no obligation to publicly update or revise any forward-looking information or any forward-looking statements contained in any other announcements whether as a result of new information, future events or otherwise, except as required under applicable law or regulations.

Market Abuse Regulation Disclosure

Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 ('MAR') until the release of this announcement.

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