Granting of Incentive Stock Options

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Granting of Incentive Stock Options

Vancouver, April 17, 2017 -- Atico Mining Corporation (the “Company” or “Atico”) (TSX.V:

ATY | OTC: ATCMF) announces that pursuant to the Company's stock option plan, 841,119

incentive stock options exercisable at $0. 77 per share for a period of five years have been

granted to directors, officers, employees and consultants of the Company.

This option grant is subject to TSX Venture exchange approval

About Atico Mining Corporation

Atico is a growth-oriented company, focused on exploring, developing and mining copper and

gold projects in Latin America. The Company operates the El Roble mine and is pursuing

additional acquisition opportunities. For more information, please visit www.aticomining.com.

ON BEHALF OF THE BOARD

Fernando E. Ganoza

CEO and Director

Atico Mining Corporation

Trading symbols: TSX.V: ATY | OTC: ATCMF

Investor Relations

Igor Dutina

Tel: +1.604.633.9022

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.

No securities regulatory authority has either approved or disapproved of the contents of this

news release. The securities being offered have not been, and will not be, registered under the

United States Securities Act of 1933, as amended (the ‘‘U.S. Securities Act’’), or any state

securities laws, and may not be offered or sold in the United States, or to, or for the account

or benefit of, a "U.S. person" (as defined in Regulation S of the U.S. Securities Act) unless

pursuant to an exempt ion therefrom. This press release is for information purposes only and

does not constitute an offer to sell or a solicitation of an offer to buy any securities of the

Company in any jurisdiction.

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Cautionary Note Regarding Forward Looking Statements

This announcement includes certain “forward -looking statements” within the meaning of

Canadian securities legislation. All statements, other than statements of historical fact,

included herein, without limitation the use of net proceeds, are forward -looking statements.

Forward- looking statements involve various risks and uncertainties and are based on certain

factors and assumptions. There can be no assurance that such statements will prove to be

accurate, and actual results and future events could differ materially from those anticipated in

such statements. Important factors that could cause actual results to differ materially from the

Company’s expectations include uncertainties relating to interpretation of drill results and the

geology, continuity and g rade of mineral deposits; uncertainty of estimates of capital and

operating costs; the need to obtain additional financing to maintain its interest in and/or

explore and develop the Company’s mineral projects; uncertainty of meeting anticipated

program mil estones for the Company’s mineral projects; and other risks and uncertainties

disclosed under the heading “Risk Factors” in the prospectus of the Company dated March 2,

2012 filed with the Canadian securities regulatory authorities on the SEDAR website at

www.sedar.com