Atalaya Mining plc ('Atalaya' or the 'Company') (AIM: ATYM; TSX: AYM) is providing an update on its application for a voluntary delisting of its ordinary shares from the Toronto Stock Exchange (the 'TSX').

As announced on 20 February 2023, the TSX delisting was expected to occur on 7 March 2023, however, the Company now expects the delisting to be effective as of the closing of trading on 20 March 2023. Ordinary shares in the Company will continue to trade on the AIM market of the London Stock Exchange under the symbol 'ATYM'.

Shareholder approval is not required for the delisting because the Company's shares trade on AIM, which is an acceptable alternative market in accordance with Section 720(b) of the TSX Company Manual.

Additional Information for Shareholders on the Canadian Register

Following the delisting from the TSX, Canadian shareholders wishing to trade their shares on AIM will require that such shares are made eligible to be transferred and settled though CREST, the United Kingdom ('UK') based share transfer and settlement system. Shares cannot be transferred and settled through CREST until a shareholder's CDS Participant broker or the shareholder, if the shares are held in certificated form, as applicable, validly instructs Computershare Trust Company of Canada ('Computershare') to arrange for the shares to be held by a CREST participant broker. This can be done by completing a 'Register Removal Request - Canada to United Kingdom' form, with valid CREST participant account details, and submitting such form to Computershare via email at globaltransactionteam@computershare.com.

For any questions on this process please contact Computershare's global transaction unit by phone at +1 (877) 624-5999. The Company intends to maintain CDS eligibility for its shares until 7 April, 2023 in order to allow Canadian shareholders time to complete the process contemplated above.

The Company encourages shareholders holding shares in Canadian brokerage accounts to contact their brokers to confirm how they may hold and trade in Atalaya's shares either through the holding of a certificated share or UK depositary interests.

Contact:

Tel: +34 959 59 28 50

Email: comunicacion@atalayamining.com

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