Toronto, April 20, 2010 – Alturas Minerals Corp. (the “Company”) (TSX-V, BVL: ALT) today announced that it has accepted subscriptions for the third and final tranche of a non-brokered financing first announced on March 4, 2010 of $641,368 of working capital units.

Alturas placed 6,751,132 working capital units of the Company at a price of $0.095 per unit, for gross proceeds of $641,638. Each unit (a “Unit”) consisted of one common share of the Company and one share purchase warrant (a “Warrant”). Each Warrant entitles the holder to acquire an additional common share at $0.12 for a period of one year following closing and at $0.24 in the second year following closing.  The Company paid finders’ fees to certain individuals of 7.5% of funds raised and issued broker warrants to those individuals equivalent to 7.5% of the units issued. Each brokers warrant would enable the holder to acquire common shares at a price of $0.095 per share for a period of two (2) years from Closing.

Securities issued pursuant to the above referenced private placements are legended and restricted from trading until August 20, 2010.  

The Company raised a total of $1,519,342 over this financing issuing a total of 15,992,964 common shares and 15,992,964 warrants.  Funds raised will be used to advance exploration of the Company’s Chile and Peru mineral projects, and for general working capital.

About Alturas Minerals Corp.

Alturas is a Canadian corporation, and is the parent of Alturas Minerals S.A. (“Alturas Peru”). Alturas Peru has been actively exploring various mineral projects in Peru since January 2004. Alturas’ properties include four drill-ready mineral exploration projects located in central and southern Peru, which includes the Chapi Chapi-Utupara Copper-Gold Project, the Sombrero Copper-Gold Project, the Ccaccapaqui Gold-Silver Project and the Huajoto Gold-Silver-Zinc Project. In addition, Alturas Peru has interests in four other exploration projects in Peru. Alturas’ exploration strategy is focused on the discovery of large epithermal gold mineralized deposits and copper-gold porphyry/skarn deposits in Peru and Chile.  For further information, please visit the Company's website at www.alturasminerals.com

For further information please contact Alturas at:

Phone:   + 51-1- 475-1700 (Peru)
Email:     This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Alturas Minerals Corp.     

Suite 3100, Scotia Plaza, 40 King St. W., Toronto, ON Canada M5H 3Y2

and

Manuel de Falla 297, Floor 5th, San Borja, Lima 41, Peru      

Should you wish to receive Company news via email, please email This e-mail address is being protected from spambots. You need JavaScript enabled to view it   and specify “Alturas News” in the subject line

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Cautionary Language and Forward Looking Statements
This press release may contain “forward-looking statements”, which are subject to various risks and uncertainties that could cause actual results and future events to differ materially from those expressed or implied by such statements.  Investors are cautioned that such statements are not guarantees of future performance and results.  Risks and uncertainties about the Company’s business are more fully discussed in the Company’s disclosure documents filed from time to time with the Canadian securities authorities.