Granting of Incentive Stock Options

Granting of Incentive Stock Options

VANCOUVER, British Columbia, July 05, 2024 -- Atico Mining Corporation (the “Company” or “Atico”) (TSX.V: ATY | OTCQX:

ATCMF) announces that pursuant to the Company's stock option plan, 2,346,811 incentive stock options exercisable at

$0.165 per share for a period of five years have been granted to directors, officers, employees and consultants of the

Company.

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 generates significant cash flow through the operation of the El Roble mine and is developing its high-grade La

Plata VMS project in Ecuador. The Company is also pursuing additional acquisition of advanced stage opportunities. For more

information, please visit www.aticomining.com .

ON BEHALF OF THE BOARD

Fernando E. Ganoza

CEO

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 exemption

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.

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 grade 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 milestones 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.sedarplus.com