PRESS REALESE

Atalaya Mining PLC Announces Issue of Equity

NICOSIA, CYPRUS / ACCESSWIRE / May 18, 2021 / Atalaya Mining Plc (AIM:ATYM)(TSX:AYM) announces that it has issued 30,000 ordinary shares of 7.5p in the Company ("Option Shares") pursuant to an exercise of share options by an employee.

Application has been made for the Option Shares to be admitted to trading on AIM (the "Admission") on or around 21 May 2021.

Following the issue of the Option Shares, which will rank pari passu with all existing ordinary shares, the total number of ordinary shares in issue is 138,211,459. This figure may be used by shareholders as the denominator for calculations to determine whether they are required to notify their interest in the Company.

Contacts:

Newgate Communications
Elisabeth Cowell / Adam Lloyd / Tom Carnegie
+ 44 20 3757 6880
4C Communications
Carina Corbett
+44 20 3170 7973
Canaccord Genuity
(NOMAD and Joint Broker)
Henry Fitzgerald-O'Connor / James Asensio
+44 20 7523 8000
BMO Capital Markets
(Joint Broker)
Tom Rider / Andrew Cameron
+44 20 7236 1010
Peel Hunt LLP
(Joint Broker)
Ross Allister / David McKeown
+44 20 7418 8900


About Atalaya Mining Plc
Atalaya is an AIM and TSX-listed mining and development group which produces copper concentrates and silver by-product at its wholly owned Proyecto Riotinto site in southwest Spain. In addition, the Group has a phased, earn-in agreement for up to 80% ownership of Proyecto Touro, a brownfield copper project in the northwest of Spain. For further information, visit www.atalayamining.com

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SOURCE: Atalaya Mining PLC