Norvista Capital Announces Participation in Minera Alamos FinancingToronto, Ontario--(Newsfile Corp. - May 17, 2016) - Norvista Capital Corporation (TSXV: NVV) ("Norvista" or the "Company") is pleased to announce a combined investment of $500,000 by Norvista and Norvista Capital I Limited Partnership ("Norvista LP") in the recently closed financing (the "Financing") by Minera Alamos Inc. ("Minera") (TSX-V: MAI). The Financing was closed in three tranches which in total aggregated to $4,000,000 as described in Minera's press release dated May 16, 2016. A portion of the proceeds from the Financing was used by Minera to fund the purchase of the La Fortuna project, located in Durango Mexico, from Argonaut Gold Inc. La Fortuna, an open pit gold project, which remains open at depth and along strike, hosts measured and indicated mineral resources of 4.8 million tonnes grading 2.0 grams per tonne gold and containing 308,100 ounces of gold with additional silver credits presently excluded from the resource calculation. It is Minera's intention to issue a technical report in the next several months defining La Fortuna's project economics potentially leading to a construction decision before the end of 2016. The combined holdings of the Company and Norvista LP now represent 14.3% of the issued and outstanding shares of Minera on a non-diluted basis. The Company has a representative on the Board of Directors of Minera.Don Christie, President and CEO of Norvista commented "we are extremely pleased to-date with our investment in Minera based upon the substantial progress made over the last year by the experienced management team at Minera. We made our initial investment in June of 2015 and look forward to continuing our support of Minera as the company moves towards a production decision on their very promising La Fortuna open pit gold project".About NorvistaNorvista is a resource based merchant bank that began operations and was listed for trading on the TSX Venture Exchange in June of 2014. The Company's strategy is to capitalize on the significant asset value contraction that has occurred over the last several years in the resource industry, with particular emphasis on small to mid-scale base and precious metal projects. Norvista focuses its efforts on the pursuit of highly prospective exploration projects while balancing exploration risk through investment in small to mid-scale pre-production opportunities requiring partial or full completion of feasibility studies. The Company takes a proactive role with its investee companies and in the majority of cases assumes management or advisory roles and/or seats on the board of directors of these investee companies. Management of Norvista is of the view that current market conditions allow the Company to significantly mitigate political and country risk by pursuing investments in some of the world's top ranked mining jurisdictions.For further information regarding Norvista and Norvista LP please contact:Norvista Capital Corporation 141 Adelaide St. W., Suite 1660Toronto, Ontario M5H 3L5Tel: (416) 504-4171Don Christie, President and CEOdchristie@norvistacapital.com CAUTIONARY STATEMENT: Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. This news release contains forward-looking information that is not comprised of historical facts. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward-looking information in this press release includes reference to the the future plans of the Company's investee companies. Actual results may differ materially from such forward-looking information. The Company disclaims any intention or obligation to update or revise any forward-looking information contained herein, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. copyright (c) newsfile corp. 2016 Newsfile Corp.May 17, 2016 - 5:44 AM PDTNews by QuoteMediawww.quotemedia.com