REG - Atalaya Mining PLC - Update on Move to Main Market

Atalaya MiningAnnouncement

21/12/2023 07:15

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RNS Number : 5373X  Atalaya Mining PLC  21 December 2023

THIS ANNOUNCEMENT IS MADE FOR INFORMATION PURPOSES ONLY AND DOES NOT
CONSTITUTE AN OFFER TO SELL OR ISSUE OR SOLICITATION TO BUY, SUBSCRIBE FOR OR
OTHERWISE ACQUIRE SHARES IN ATALAYA MINING PLC IN ANY JURISDICTION IN WHICH
ANY SUCH OFFER OR SOLICITATION WOULD BE UNLAWFUL.

 

21 December 2023

Atalaya Mining Plc.

("Atalaya" or "the Company")

Update on Move to Main Market

 

Atalaya Mining Plc (AIM: ATYM) announces an update on its application to the
Financial Conduct Authority ("FCA") to admit its ordinary shares ("Ordinary
Shares") to the premium listing segment of the Official List and to trading on
the London Stock Exchange plc's main market for listed securities (together,
"Admission"), as announced on 13 November 2023.

The Company continues to progress the application process and Admission
remains subject to a number of conditions including the approval by the FCA of
a prospectus.

Admission will no longer occur before the end of December 2023 as originally
anticipated and the Company now expects that Admission will not take place
before the release of its 2023 annual financial results.

Accordingly, the Company's Ordinary Shares will continue to trade on AIM.
Further updates on the application process together with the timeline for
Admission will be made in due course.

Contacts:

 Peel Hunt LLP                Ross Allister / David McKeown / Georgia Langoulant  +44 20 7418 8900

 (Sponsor and Joint Broker)
 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)
 SEC Newgate UK               Elisabeth Cowell / Tom Carnegie / Matthew Elliott   + 44 20 3757 6882
 Atalaya Mining plc           Michael Rechsteiner                                 +34 959 592 850

 

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)

Important Notice

This announcement contains statements that are, or may be deemed to be,
"forward-looking statements". These forward-looking statements can be
identified by the use of words such as "will", "expect", "could", "believe",
"intend", "should" and words of similar meaning. All statements other than
statements of historical facts included in this announcement, including those
regarding the Company's strategy, plans and objectives and the anticipated
Admission are forward-looking statements. Readers are cautioned not to place
undue reliance on such statements. Forward-looking statements involve a number
of known and unknown risks, uncertainties and other factors, many of which are
difficult to predict and generally beyond the control of Atalaya. These
forward-looking statements speak only as of the date of this announcement.
Atalaya expressly disclaims any obligation or undertaking to update or revise
any forward-looking statement (except to the extent legally required).

Peel Hunt LLP ("Peel Hunt"), which is authorised and regulated in the United
Kingdom by the FCA, is acting exclusively for the Company  as Sponsor and no
one else in connection with Admission and it will not regard any other person
as a client in relation to Admission and will not be responsible to anyone
other than the Company  for providing the protections afforded to its clients
or for providing advice in relation to Admission or any other transaction,
matter, or arrangement referred to in this announcement.

This announcement has been issued by, and is the sole responsibility of, the
Company. No representation or warranty, express or implied, is or will be made
as to, or in relation to, and no responsibility or liability is or will be
accepted by Peel Hunt or by any of its affiliates, partners, directors,
officers, employees, advisers or agents as to or in relation to, the accuracy
or completeness of this announcement or any other written or oral information
made available to or publicly available to any interested party or its
advisers, and any liability therefore is expressly disclaimed.

 

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