Atalaya Mining Plc (AIM: ATYM, TSX: AYM) announces that it has issued 1,620,750 ordinary shares of 7.5p in the Company ('Option Shares') pursuant to an exercise of share options by PDMRs and senior employees of the Company.

Application has been made for the Option Shares to be admitted to trading on AIM (the 'Admission') on or around 31 January 2022.

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 139,856,709.

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. Atalaya's current operations include the Cerro Colorado open pit mine and a modern 15 Mtpa processing plant, which has the potential to become a centralised processing hub for ore sourced from its wholly owned regional projects around Riotinto that include Proyecto Masa Valverde and Proyecto Riotinto East. 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.

Contact:

Tom Carnegie

Tel: + 44 20 3757 6880

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