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Atalaya Mining plc: Exercise of option to acquire interest in the Touro Copper Project ("Proyecto Touro") in Spain

NICOSIA, CYPRUS–(Marketwired – Feb 23, 2017) – Atalaya plc (“Atalaya” or the “Company”) (AIM: ATYM) (TSX: AYM), the European mining and development company, announces that it has exercised an option to acquire 10% of the share capital of Cobre San Rafael S.L., (“CSR”), a wholly owned subsidiary of Explotaciones Gallegas S.L. (“EG”), part of the F. GOMEZ Group. This is part of an earn-in agreement (the “Agreement”), which will enable the Company to acquire up to 80% of CSR.

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