Mr. Enrique Delgado, an investor, reports

ATALAYA MINING PLC ANNOUNCES PDMR SHARE DEALING

Atalaya Mining PLC was notified on Nov. 9, 2022, that Enrique Delgado, a person discharging managerial responsibilities (PDMR), had sold 300,000 ordinary shares in Atalaya, respectively, at a price of 272.25 pence per share.

Following the sale of these shares, Mr. Delgado's ownership of ordinary shares in the company will be nil.

About Atalaya Mining PLC

Atalaya is an Alternative Investment Market- and Toronto Stock Exchange-listed mining and development group which produces copper concentrates and silver byproduct 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-million-tonne-per-annum processing plant, which has the potential to become a centralized 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-per-cent ownership of Proyecto Touro, a brownfield copper project in the northwest of Spain, as well as a 99.9-per-cent interest in Proyecto Ossa Morena.