La Mancha announces strategic investment of c$11.2 million in Altus Strategies PLC

La Mancha Holding S.à.r.l. (“La Mancha”), a Luxembourg‐incorporated private gold investment company, is pleased to announce that it has completed the acquisition of 124,229,389 ordinary shares at a price of C$0.09 per share of Altus Strategies Plc (“Altus”) pursuant to a strategic investment agreement with Altus (the “Strategic Investment Agreement”). As a result of the transaction, La Mancha became an insider of Altus, holding an aggregate of 124,229,389 ordinary shares representing approximately 35.4% of the issued and outstanding Shares. The Strategic Investment Agreement provides for La Mancha’s right to nominate two non-executive directors to the Altus Board of Directors, as well as certain anti-dilution and pre-emptive rights and governance matters.

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