TCO.V · 2017-09-07

AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN Transatlantic Mining Corp. Extends Warrant Term under Private Placement

Financings Share Capital & Compensation

THIS NEWS RELEASE IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN

Transatlantic Mining Corp. Extends Warrant Term under Private Placement

TCO NEWS RELEASE - VANCOUVER, B.C., September 7, 2017 – Transatlantic Mining Corp. (the “Company”) (TCO:TSX.V) provides the following update with respect to the private placement financing originally announced July 19, 2017.

On July 19, 2017, the Company announced a private placement of up to 22,000,000 subscription receipts at $0.10 per subscription receipt, convertible into units for no additional consideration, and up to an additional 53,000,000 units at $0.10 per unit. The Company announces that all of the warrants issuable on conversion of the 22,000,000 subscription receipts and comprised in the additional 53,000,000 units will now be exercisable for a period of three years from the date of closing instead of one year as originally announced. Each unit will now consist of one common share and one share purchase warrant exercisable to purchase one additional common share at the price of $0.15 for a period of three years from the date of closing. In all other regards, the terms and conditions of the warrants as originally announced remain unchanged. The extended term will also apply to warrants issued as finders’ fees in connection with the placement.

The securities offered have not been and will not be registered under the U.S Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

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 property interests, such as an 80% earn-in option on the Monitor Copper-Gold project in Idaho (USA) and the US Grant Gold-Silver Mine & Mill complex in Montana (USA). 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 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 earning 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

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