Atalaya Mining Copper SaLSE: ATYM

Final Dividend Foreign Exchange Rates & Payment

· Issued by Atalaya Mining Copper Sa

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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")

Final Dividend Foreign Exchange Rates and Payment Date

Atalaya Mining Plc (AIM: ATYM) announces the foreign exchange rates that will be applied to its 2022 final dividend of US$0.0385 per Ordinary Share ("2022 Final Dividend"), which was approved by shareholders on 28 June 2023. As previously announced, the 2022 Final Dividend will be paid on 8 August 2022.

For shareholders that have elected to receive the 2022 Final Dividend in Sterling or Euros, the foreign exchange rates that will be applied are US$1:£0.7745 and US$1:€0.8911. Accordingly, the Sterling and Euro equivalents of the 2022 Final Dividend are £0.0298 and €0.0343 per Ordinary Share respectively.

Contacts:

SEC Newgate UK

Elisabeth Cowell / Tom Carnegie / Matthew Elliott

+ 44 20 3757 6882

4C Communications

Carina Corbett

+44 20 3170 7973

Canaccord Genuity

(NOMAD and Joint Broker)

Henry Fitzgerald-O'Connor / James Asensio / Thomas Diehl

+44 20 7523 8000

BMO Capital Markets

(Joint Broker)

Tom Rider / Andrew Cameron

+44 20 7236 1010

Peel Hunt LLP

(Joint Broker)

Ross Allister / David McKeown

+44 20 7418 8900

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