Mr. Fernando Ganoza reports

ATICO MINING ANNOUNCES EXECUTION OF TERM SHEET WITH TRAFIGURA TO RESTRUCTURE OUTSTANDING CREDIT FACILITY

Further to the press release dated June 9, 2025, Atico Mining Corp. has entered into a term sheet with Trafigura Pte. Ltd. regarding an amendment and extension of the company's existing secured credit agreement with Trafigura and certain subsidiaries of the company, of which $8.7-million (U.S.) remains outstanding.

Pursuant to the term sheet, the principal amount will be repaid in two instalments of $2.7-million (U.S.) on July 25, 2025, and $6-million (U.S.) on Dec. 30, 2026. The outstanding principal amount will bear interest at a secured overnight financing rate plus 7.5 per cent. In addition, the parties have agreed to an extension of the existing commercial concentrate purchase contract between the company and Trafigura covering the purchase of 100 per cent of the concentrate produced from El Roble mine for two additional years, subject to a minimum tonnage per year.

Closing of the transactions is subject to finalization of definitive documentation, which will contain customary representations, warranties, covenants and conditions precedent to closing, including approval of the TSX Venture Exchange, and is expected to occur on or before June 30, 2025.

About Atico Mining Corp.

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 El Roble mine and is developing its high-grade La Plata volcanogenic massive sulphide project in Ecuador. The company is also pursuing additional acquisition of advanced-stage opportunities.

We seek Safe Harbor.