AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN Update on US Grant Property
Transatlantic Mining Corp. | Suite 800 | 1199 West Hastings Street | Vancouver | Canada V6E 3T5
T 604-424 8257 | F 604-357 1139| www.transatlanticminingcorp.com
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
Update on US Grant Property
TCO NEWS RELEASE - VANCOUVER, B.C., August 23, 2018 – Transatlantic Mining Corp. (the
“Company”) (TCO:TSX.V) provides the following update with respect to the company’s US Grant Mine,
which is held by the company’s wholly owned US subsidiary, Transatlantic Montana Corp.
Notice of Default
The Company’s wholly owned US subsidiary, Transatlantic Montana Corp., has received a “Notice of
Default” regarding its scheduled US$2,000,000 mortgage payment recently due on the US Grant
property. The company is currently working with the mortgage holde r to restructure the remaining
mortgage obligation. The Company has submitted filings to the TSX Venture Exchange with respect to
a private placement financing and shares-for-debt settlement, and is continuing to explore additional
sources of financing.
About Transatlantic Mining Corp.
Transatlantic Mining (TSX-V: TCO) is an emerging precious and base metal explorer. The Company has a focus
on converting projects into mines within stable mining jurisdictions. In August 2017, the Company entered a
purchase agreement towards 100% of the US Grant Gold-Silver Mine & Mill complex in Montana (USA). The
Company has also entered a lease (option to purchase) agreement on 100% of the Kearsarge Gold project in
Montana, located 8 km from the US Grant Mill.
The Company is also engaged in controlling and owning mineral properties interests, such as the 80% Joint
Venture position on the Monitor Copper-Gold project in Idaho (USA).
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 adequ acy or accuracy
of this release