Altan Rio Completes Share Issuance for Drilling Settlement

VANCOUVER, Feb. 8, 2013 /CNW/ - Altan Rio Minerals Limited, TSX.V: AMO ("Altan Rio" or the "Company") announces that, further to the press release dated January 28th, 2013, it has now completed the settling of debt for drilling services of $245,860 by issuing 1,606,928 shares at a deemed price of $0.153 per share to Erdenyn Erel LLC, a private Mongolian company.

Link to release