REG - Atalaya Mining PLC - Directorate Change

Atalaya MiningAnnouncement

24/03/2022 14:30

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RNS Number : 9504F  Atalaya Mining PLC  24 March 2022

 

24 March 2022

Atalaya Mining Plc.

("Atalaya" or the "Company")

Directorate Change

 

Atalaya Mining Plc (AIM:ATYM, TSX:AYM) announces that Mr. Harry Liu has
stepped down as a Non-Executive Director of the Company with immediate effect.

 

Mr. Liu was appointed Director of the Company on 1 October 2012. In accordance
with the terms of the Subscription Agreement between Yanggu Xiangguang Copper
Co. Ltd ("XGC") and the Company dated 7 July 2012.

 

XGC continue to have the right to appoint a Non-Executive Director to the
Company while its shareholding in Atalaya is above 10% of the total issued
shares carrying voting rights as a result of an agreement dated 28 May 2015
between the Company and XGC.

 

Alberto Lavandeira, CEO, commented:

"I would like to thank Mr. Liu for his contribution to the Company. His
unconditional and long standing support as a Director and as a representative
of XGC has been key for the development of Proyecto Riotinto in the recent
history of the Company."

 

This announcement contains information which, prior to its publication
constituted inside information for the purposes of Article 7 of Regulation
(EU) No 596/2014.

 

Contacts:

 SEC Newgate UK             Elisabeth Cowell / Axaule Shukanayeva / Max Richardson  + 44 20 3757 6882
 4C Communications          Carina Corbett                                          +44 20 3170 7973
 Canaccord Genuity          Henry Fitzgerald-O'Connor / James Asensio               +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 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. For further information, visit
www.atalayamining.com (http://www.atalayamining.com)

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