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Alta Vista Ventures Ltd. (TSX-V: AVV) is pleased to announce that the TSX
Venture Exchange has approved the consolidation of its issued and outstanding
share capital such that every two (2) existing shares will be consolidated into
one (1) new share effective May 9, 2014. There will be no change in the
Company’s name. The share consolidation received TSX Venture Exchange acceptance
on May 8, 2014.

The shares of the Company will commence trading on the
TSX Venture Exchange on a consolidated basis under the same name and symbol on
May 9, 2014 effective at the opening. Following the consolidation, the Company
will have a total of 5,122,073 shares issued and outstanding.

On
behalf of the Board,

“Ian Foreman”
Ian Foreman,
P.Geo.
President

For additional information on Alta Vista Ventures please call
the Company at 604-678-2531.

Neither 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.

Statements in this press release, other than purely historical
information, including statements relating to the Company’s future plans and
objectives or expected results, may include forward-looking statements.
Forward-looking statements are based on numerous assumptions and are subject to
all of the risks and uncertainties inherent in resource exploration and
development. As a result, actual results may vary materially from those
described in the forward-looking statements.

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Our company BYLSA DRILLING provides drilling services in a variety of environments, ranging from typical exploration sites to extreme topographic conditions, always with the highest quality and safety standards.