REG - Atalaya Mining PLC - Correction to Q2 Provisional Revenue Adjustments

Atalaya MiningAnnouncement

20/07/2023 07:00

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RNS Number : 5802G  Atalaya Mining PLC  20 July 2023

Atalaya Mining Plc

1 Lampousas Street

1095 Nicosia, Cyprus

Tel: +357 22442705

Fax: +357 22442708

www.atalayamining.com

 

20 July 2023

Atalaya Mining Plc.

("Atalaya" or "the Company")

Correction to Q2 2023 Provisional Revenue Adjustments

 

Atalaya Mining Plc (AIM: ATYM) announces a correction in relation to the
"Provisional Revenue Adjustments" figure that was stated in its Q2 2023
Operations Update, which was published on 12 July 2023.

The "Provisional Revenue Adjustments" figure consists of cash adjustments for
settled concentrate shipments and accounting non-cash fair value adjustments
for unsettled concentrate shipments. In Q2 2023, the vast majority of the
figure was related to non-cash fair value adjustments.

Correction to Provisional Revenue Adjustments

 Incorrect Figure           Corrected Figure
 "negative €0.7 million"    "negative €6.6 million"

The Company confirms that all other figures included in the Q2 2023 Operations
Update are unchanged.

Contacts:

 SEC Newgate UK             Elisabeth Cowell / Tom Carnegie / Matthew Elliott         + 44 20 3757 6882
 4C Communications          Carina Corbett                                            +44 20 3170 7973
 Canaccord Genuity          Henry Fitzgerald-O'Connor / James Asensio / Thomas Diehl  +44 20 7523 8000

 (NOMAD and Joint Broker)
 BMO Capital Markets        Tom Rider / Andrew Cameron                                +44 20 7236 1010

 (Joint Broker)
 Peel Hunt LLP              Ross Allister / David McKeown                             +44 20 7418 8900

 (Joint Broker)

 

About Atalaya Mining Plc

Atalaya is an AIM-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 central 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, as well as a 99.9% interest in Proyecto Ossa Morena. For
further information, visit www.atalayamining.com
(http://www.atalayamining.com)

 

 

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