Appointment of Group Chief Financial Officer

7 July, 2016

Atalaya Mining plc (AIM: ATYM, TSX: AYM), the European mining and development company, is pleased to announce that it has appointed Cesar Sanchez as Group Chief Financial Officer with immediate effect.

Mr. Sanchez has served as CFO of various companies in both the mining and financial industries, including Iberian Minerals Corp. formerly a public mining company with interests in copper assets in Spain and Peru. As CFO of Iberian Minerals, Mr. Sanchez played a key role in that company’s equity and debt raisings.

Prior to Iberian Minerals, Mr. Sanchez worked for Ernst & Young as an auditor and as a financial advisor to the industrial sector. During that time, he gained broad experience in restructurings, IPOs, mergers and due diligence processes.

Mr. Sanchez is a qualified accountant and holds a business administration degree from the University of Seville (Spain) and has completed various financial and banking courses at Dublin City University and ESIC Business & Marketing School.

Alberto Lavandeira, Atalaya Mining’s Chief Executive Officer, said:

“We are delighted to welcome Cesar Sanchez to our team and are confident that his expertise and experience will provide an essential contribution not only to our everyday activities, but to our strategic goals for the Company”.

Enquiries:

Atalaya Mining plc                                                                  Roger Davey / Alberto Lavandeira                           +34 959 59 28 50
Canaccord Genuity(NOMAD and Joint Broker)                 Henry Fitzgerald-O’Connor / Martin Davison         +44 20 7523 8000
BMO Capital Markets(Joint Broker)                                   Jeffrey Couch/Neil Haycock/Tom Rider                  +44 20 7236 1010