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Transatlantic Mining Corp. Postpones Filing of Annual Financial Statements and MD&A due to COVID-19 Related Delays

Mine Development & Operations Financials

Transatlantic Mining Corp. | Suite 400 | 837 West Hastings Street | Vancouver | Canada V6E 3T5

T 604-424 8257 | F 604-357 1139| www.transatlanticminingcorp.com

Transatlantic Mining Corp. Postpones Filing of Annual Financial Statements and MD&A due to

COVID-19 Related Delays

TCO NEWS RELEASE-VANCOUVER, B.C., April 28, 2020 – Transatlantic Mining Corp. (the “Company”) (TCO:TSX.V)

announces the Company will be relying on an exemption adopted by the British Columbia Securities Commission (“BCSC”) and

provided in BC Instrument 51 -515 Temporary Exemption from Certain Corporate Fina nce Requirements (“Blanket Exemption

Order”) for temporary exemption from certain continuous disclosure requirements due to challenges posed by the COVID -19

pandemic.

The Company will delay the following annual filings, which would otherwise be due on Apr il 29, 2020 and are now expected to

be filed no later than May 8, 2020:

 Audited Annual Financial Statements for the year ended December 31, 2019

 Management Discussion and Analysis for the year ended December 31, 2019

 Annual Certification of Filings – CEO

 Annual Certification of Filings – CFO

(collectively, the “Required Annual Filings”)

As required by BC Instrument 51-515, the Company discloses the following:

 The Company’s management and other insiders will be subject to a trading black -out that reflects the principles in

section 9 of National Policy 11-207 until the Required Annual Filings are filed on SEDAR; and

 other than as previously disclosed by the Company, there have been no other material business developments since the

date of the Company’s most recent filing of its interim financial statements and management discussion and analysis for

its Q3 ended September 30, 2019.

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. The Company entered a purchase agreement towards 100% of the US

Grant Gold-Silver Mine & Mill complex in Montana (USA). The Company has also a lease (option to purchase) agr eement on

100% of the Kearsarge Gold project in Montana, located 8 km from the US Grant Mill. The Company also has an option with

lease to purchase at the Miller Gold Mine also in Montana to 100% ownership.

The Company is also engaged in controlling and owning mineral properties interests, including 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

Email :[email protected]

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