TIDMATYM

RNS Number : 4002U

Atalaya Mining PLC

29 March 2019

29 March 2019

Atalaya Mining Plc. ("Atalaya" or the "Company")

Legal Update

Atalaya Mining Plc. (AIM:ATYM, TSX:AYM), the European mining and development company, provides an update to its announcement on 26 September 2018 regarding the receipt of a ruling from the Tribunal Superior de Justicia de la Junta de Andalucía (the "Ruling").

The Company confirms that it has received notification from the Supreme Court in Spain that it does not have jurisdiction over the appeal made by the Junta de Andalucía and the Company, which voluntarily joined the appeal as co-defendant. Therefore, the previously announced Ruling made by the Tribunal Superior de Justicia de Andalucía remains valid.

Atalaya is working with its legal advisors to ensure the Junta de Andalucía addresses the procedural points raised in the Ruling and provides an updated Autorizacion Ambiental Unificada ("AAU"). The Company will continue operating the mine normally and has been advised the Ruling will not impact its operations at Proyecto Riotinto.

An update will be provided to the market in due course.

Contacts:

 
                              Elisabeth Cowell / Adam         + 44 20 3757 
 Newgate Communications        Lloyd / Tom Carnegie            6880 
                                                              +44 20 3170 
 4C Communications            Carina Corbett                   7973 
                             ------------------------------  ------------- 
                              Martin Davison / Henry 
 Canaccord Genuity             Fitzgerald-O'Connor / James    +44 20 7523 
  (NOMAD and Joint Broker)     Asensio                         8000 
                             ------------------------------  ------------- 
 BMO Capital Markets          Jeffrey Couch / Tom Rider       +44 20 7236 
  (Joint Broker)               / Michael Rechsteiner           1010 
                             ------------------------------  -------------

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 which is currently in the permitting stage. For further information, visit www.atalayamining.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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