ATLYF (Altaley Mining Corporation) is no longer actively trading.
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Altaley Mining Corporation (TSX-V:ATLY) said that its name will change to Luca Mining Corp from the opening of trading on Tuesday, March 21, 2023, and it will and trade under the symbol LUCA on both the TSX Venture and OTCQX exchanges. Altaley also said Ralph Shearing will retire from his role as president of the company, and be replaced by Ramon Perez effective March 27, 2023, adding that Shearing will remain as a director of Altaley.

Altaley Mining Corporation (TSX-V:ATLY) said its Board of Directors has recommended and authorized a change of the company's name to Luca Mining Corporation. The company said it plans to change its TSX Venture and OTCQB ticker symbol to “LUCA" and, subject to the name change, the company's web domain name will change to lucamining.com.

Altaley Mining Corporation (TSX-V:ATLY) told investors that it expects a strong performance this year as it focuses on developing robust plans for each of the company's sites following a change in management in September 2022. Outlining Altaley's operations plans for 2023, CEO Mike Struthers commented: “We expect 2023 to be a strong year for Altaley, turning the corner on performance at both sites and achieving some critical milestones at Tahuehueto.

Altaley Mining Corporation (TSX-V:ATLY) has named finance industry veteran Erick Underwood as its finance chief, as the Vancouver-based mining company focuses on transforming into a high performing and profitable company. In a statement, Altaley Mining, which owns two Mexican gold, silver, and base metal mining projects, said Underwood will start his role with the company on February 1.

Altaley Mining Corp has welcomed its pre-production results during mill commissioning at its Tahuehueto gold mine project in Mexico, where, it says, recoveries and concentrate grades continue to improve. There is currently one ball mill operating in a commissioning phase with a current capacity of 350 tpd (tonnes per day).

Altaley Mining Corp told investors that a review of the miner by new CEO and experienced executive Mike Struthers has now been completed, which has identified "robust, deliverable" production plans for 2023 at both its Mexico assets. "The CEO review was an important introduction to the company, to gain a full understanding of the status of the operations and projects, administrative and financial functions and controls, organizational strengths, and weaknesses, etc.

Altaley Mining Corporation (TSX-V:ATLY) announced that its board of directors has approved a consolidation of its share capital on a ratio to one new post-consolidated share for every eight pre-consolidated shares, in addition to a rights offering for gross proceeds of up to $16 million. The company said in a statement its board of directors determined the consolidation was necessary for it to raise additional capital and seek new business opportunities.

Altaley Mining Corporation (TSX-V:ATLY) has announced that it has appointed Mike Struthers as its new CEO and director. The company said Struthers was a seasoned professional and chartered engineer with more than 40 years of international mining experience.
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