Received by email:

File: 2017-08-16_TCO_NR.pdf

                                     Transatlantic Mining Corp. Clarifies Disclosure

TCO NEWS RELEASE-VANCOUVER, B.C., August 16, 2017   Transatlantic Mining Corp. (the "Company") (TCO:TSX.V).
As a result of a review by the British Columbia Securities Commission, the Company is issuing the following news relea
--->se to clarify
our disclosure.

On August 16th, 2017 the Company posted a revised Corporate Presentation to its website. That revised presentation ref
--->erenced an
economic assessment on the US Grant property based on an historical resource estimate and drill results, contrary to s
--->ection 2.3(1)(b)
of National Instrument 43-101. The Company hereby retracts that disclosure. It is anticipated that a corrected Corpora
--->te Presentation
will be posted to the Company's website in the immediate future.

About Transatlantic Mining Corp.

Transatlantic Mining (TSX-V: TCO) is an emerging precious and base metal explorer, developer and producer. The Company
---> has
a focus on high-grade mining, in stable mining jurisdictions. The Company is engaged in controlling and owning mineral
---> properties
interests, such as an 80% earn-in option on the Monitor Copper-Gold project in Idaho (USA).

In January 2016, the Company entered a lease/purchase option agreement on 100% of the US Grant Gold-Silver Mine &
Mill complex in Montana (USA) 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 mil
--->es from
the US Grant Mine. A proven management team, led by Chief Executive Officer Bernie Sostak seek to enhance shareholder 
--->value
through expert exploration/development and expansion of its existing assets, together with selective and future earnin
--->g accretive
acquisitions. For further information please contact: Bernie Sostak +61 (0) 439 904 044.

        Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies
---> of
                 the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release




         Transatlantic Mining Corp. | Suite 800 | 1199 West Hastings Street | Vancouver | Canada V6E 3T5
                       T 604-424 8257 | F 604-357 1139| www.transatlanticminingcorp.com