Atico Mining Corporation (TSX-V: ATY | OTC: ATCMF) is pleased to announce the closing of its offering under the listed issuer financing exemption, previously disclosed in the Company’s press releases dated June 9, 2025, June 13, 2025 and July 22, 2025. Under the LIFE Offering, Atico sold 29,090,910 units of the Compay, at a subscription price of $0.11 per LIFE Unit, for gross proceeds of $3,200,000. Under the LIFE Offering and the Company’s rights offering that closed on July 22, 2025, the Company raised aggregate gross proceeds of $6,487,572.42.

“We are thrilled with the successful completion of our Rights and LIFE Offerings, which have significantly strengthened our financial foundation. This achievement positions us to advance our strategic goals at both El Roble mine and the La Plata project.” said Fernando E. Ganoza, CEO. “I extend my gratitude to our loyal shareholders, new investors, and company insiders for their substantial support and trust in our vision. Together, we are poised to steer back the company toward becoming a top mid-tier producer.”

Each LIFE Unit consisted of one common share of the Company and one transferable Common Share purchase warrant, with each LIFE Warrant exercisable into one Common Share at a price of $0.18 per LIFE Warrant Share for a period of two years from the issue date.

In connection with the LIFE Offering, PowerOne Capital Markets Limited acted as finder in connection with a portion of the LIFE Offering. The Company paid a cash finder’s fee of approximately $62,820 and issued 571,091 non-transferable Common Share purchase warrants to the Finder, an arm’s length party to the Company. Each Finder Warrant is exercisable for one Common Share at an exercise price of $0.18 for a period of two years following the closing date of the LIFE Offering.

The LIFE Units were issued pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 – Prospectus Exemptions. Certain LIFE Units were also issued in the United States pursuant to exemptions from the registration requirements in Regulation D of the U.S. Securities Act of 1933, as amended.

The Company intends to use the net proceeds from the Offerings to pay for development of the Company’s La Plata project in Ecuador additional drilling at the Company’s El Roble mine in Colombia, and for general corporate purposes.

Following closing of the LIFE Offering, the Company has a total of 180,264,117 Common Shares outstanding.

Certain officers of the Company, considered “related parties” under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transaction, acquired an aggregate of 590,001 LIFE Units under the LIFE Offering. Accordingly, the LIFE Offering constituted a related party transaction under MI 61-101. The LIFE Offering is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 pursuant to sections 5.5(b) and 5.7(1)(a) of MI 61-101, as the Company is not listed or quoted on any of the stock exchanges or markets listed in subsection 5.5(b) of MI 61-101, and the fair market value of the securities distributed and the consideration received for the securities under the LIFE Offering does not exceed 25% of the Company’s market capitalization.

This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. This news release shall not constitute an offer to sell or the solicitation of an offer to buy any securities in the United States. The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, or under any state securities laws in the United States, and such securities may not be offered or sold within the United States absent registration under U.S. federal and state securities laws or an applicable exemption from such U.S. registration requirements.

About Atico Mining Corporation

Atico is a growth-oriented Company, focused on exploring, developing and mining copper and gold projects in Latin America. The Company generates significant cash flow through the operation of the El Roble mine and is developing its high-grade La Plata VMS project in Ecuador. The Company is also pursuing additional acquisition of advanced stage opportunities.