Exercise of Warrants and Issue of Equity

1 June, 2018

Atalaya Mining plc (AIM:ATYM, TSX:AYM) has received notification for the exercise of options over 262,569 ordinary shares of 7.5p in the Company at an exercise price of 142.5p per share. As a result, the Company has received proceeds of £374,160.83.

 Application has been made for the 262,569 shares (“New Ordinary Shares”) to be admitted to trading on AIM (the “Admission”) and the dealings in the New Ordinary Shares are expected to commence on or around 7 June 2018.

Following the issue of the New Ordinary Shares, the total number of Ordinary Shares in issue is 137,339,126. This number may be used by shareholders as the denominator for the calculations by which they can determine if they are required to notify their interest in, or a change to their interest in the Company under the Financial Conduct Authority’s Disclosure and Transparency Rules.

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) no 596/2014.

Contacts:

Newgate Communications Charles Chichester / James Ash / James Browne +44 20 7680 6550
4C Communications Carina Corbett +44 20 3170 7973
Canaccord Genuity (NOMAD and Joint Broker) Henry Fitzgerald-O’Connor / Martin Davison / James Asensio +44 20 7523 8000
BMO Capital Markets (Joint Broker) Jeffrey Couch/Neil Haycock/Tom Rider +44 20 7236 1010