Mr. Bernie Sostak reports

TRANSATLANTIC MINING CORP. CLARIFIES DISCLOSURE

As a result of a review by the British Columbia Securities Commission, Transatlantic Mining Corp. is issuing the following news release to clarify its disclosure.

On Aug. 16, 2017, the company posted a revised corporate presentation to its website. That revised presentation referenced an economic assessment on the U.S. Grant property based on a historical resource estimate and drill results, contrary to Section 2.3(1)(b) of National Instrument 43-101. The company hereby retracts that disclosure. It is anticipated that a corrected corporate presentation will be posted to the company's website in the immediate future.

About Transatlantic Mining Corp.

Transatlantic Mining is an emerging precious and base metals explorer, developer and producer. The company is engaged in controlling and owning mineral properties interests, such as an 80-per-cent earn-in option on the Monitor copper-gold project in Idaho.

In January, 2016, the company entered a lease/purchase option agreement on 100 per cent of the U.S. Grant gold-silver mine and mill complex in Montana, which has developed a concentrate within 12 months. The company also holds an exclusive lease with option to purchase on the Kearsage claim group comprising approximately 700 acres, located approximately four miles from the U.S. Grant mine.