Altan Rio Announces Appointment of New CFO

TSX.V: AMO

VANCOUVER, June 3, 2013 /CNW/ - Altan Rio Minerals Limited, TSX.V: AMO ("Altan Rio" or the "Company") announces the appointment of Anthony Jackson as Chief Financial Officer of the Company.

Mr. Jackson is a Principal of BridgeMark Financial Corp. ("BridgeMark") and a founder of Jackson & Company Chartered Accountants, a company that assists private and public companies with their accounting and tax requirements. 

As part of an ongoing overhead reduction initiative, BridgeMark has been engaged to provide back office and management services. BridgeMark already provides accounting and financial services including administrative, compliance, reporting and finance functions to a number of TSX Venture listed mineral exploration businesses.

Prior to his time at BridgeMark, Mr. Jackson spent a number of years at Ernst & Young LLP before working as a senior analyst at a boutique investment banking firm. During this time he provided services to a broad range of public and private companies in a variety of industries including the mining and minerals sector.

Mr. Jackson earned a Bachelor of Business Administration degree from Simon Fraser University, and holds the professional designation of Chartered Accountant (CA), where he is a member of the BC and Canadian Institute of Chartered Accountants. Mr. Jackson has had extensive experience as a Director and CFO of numerous publicly traded corporations in the metals and mining industry.

Mr. Jackson replaces Robert Scott as the Company's Chief Financial Officer. The Company wishes to thank Mr. Scott, CFO of Corex Management Inc., for his contribution to the Company over the past years and wishes him well with future endeavors.

About Altan Rio
Altan Rio, founded in 2007, is based in Vancouver BC, Canada. Using innovative exploration targeting techniques and leveraging long-term in-country experience, the company explores large-scale gold and copper projects in Mongolia, one of the world's most prospective mineral regions. The Company's license holdings in Mongolia, which total more than 103,341 hectares (255,361 acres), contain significant zones of newly identified primary gold and copper mineralization across a very large area of unexplored ground.

On behalf of Altan Rio Minerals Limited,

"Evan Jones"

Evan Jones, President & CEO

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This press release may contain forward looking statements including those describing Altan Rio's future plans and the expectations of management that a stated result or condition will occur. Any statement addressing future events or conditions necessarily involves inherent risk and uncertainty. Actual results can differ materially from those anticipated by management at the time of writing due to many factors, the majority of which are beyond the control of Altan Rio and its management.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE: Altan Rio Minerals Limited

For further information:

Altan Rio Minerals Limited
Tel: [phone]
Email: [email protected]
Web: www.altanrio.com