Update on Voluntary Delisting From The TSX

RNS Number : 6595S

Atalaya Mining PLC

13 March 2023

 

Atalaya Mining Plc

1 Lampousas Street

1095 Nicosia, Cyprus

Tel: [phone]

Fax: [phone]

www.atalayamining.com

13 March 2023

Atalaya Mining Plc.

("Atalaya" or "the Company")

Update on Voluntary Delisting From The Toronto Stock Exchange

Atalaya Mining plc ("Atalaya" or the "Company") (AIM: ATYM; TSX: AYM) is providing an update on its application for a voluntary delisting of its ordinary shares from the Toronto Stock Exchange (the "TSX").

As announced on 20 February 2023, the TSX delisting was expected to occur on 7 March 2023, however, the Company now expects the delisting to be effective as of the closing of trading on 20 March 2023. Ordinary shares in the Company will continue to trade on the AIM market of the London Stock Exchange under the symbol "ATYM".

Shareholder approval is not required for the delisting because the Company's shares trade on AIM, which is an acceptable alternative market in accordance with Section 720(b) of the TSX Company Manual.

Additional Information for Shareholders on the Canadian Register

Following the delisting from the TSX, Canadian shareholders wishing to trade their shares on AIM will require that such shares are made eligible to be transferred and settled though CREST, the United Kingdom ("UK") based share transfer and settlement system. Shares cannot be transferred and settled through CREST until a shareholder's CDS Participant broker or the shareholder, if the shares are held in certificated form, as applicable, validly instructs Computershare Trust Company of Canada ("Computershare") to arrange for the shares to be held by a CREST participant broker. This can be done by completing a 'Register Removal Request - Canada to United Kingdom' form, with valid CREST participant account details, and submitting such form to Computershare via email at [e-mail].

For any questions on this process please contact Computershare's global transaction unit by phone at [phone]. The Company intends to maintain CDS eligibility for its shares until 7 April, 2023 in order to allow Canadian shareholders time to complete the process contemplated above.

The Company encourages shareholders holding shares in Canadian brokerage accounts to contact their brokers to confirm how they may hold and trade in Atalaya's shares either through the holding of a certificated share or UK depositary interests.

Contacts:

SEC Newgate UK	Elisabeth Cowell / Axaule Shukanayeva	+ 44 20 3757 6882
4C Communications	Carina Corbett	[phone]
Canaccord Genuity (NOMAD and Joint Broker)	Henry Fitzgerald-O'Connor / James Asensio	[phone]
BMO Capital Markets (Joint Broker)	Tom Rider / Andrew Cameron	[phone]
Peel Hunt LLP (Joint Broker)	Ross Allister / David McKeown	[phone]

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, as well as a 99.9% interest in Proyecto Ossa Morena. For further information, visit www.atalayamining.com

 

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