Granting of Incentive Stock Options

Rhea-AI Summary

Atico Mining (OTC: ATCMF) granted 7,151,055 incentive stock options exercisable at $0.19 per share for a period of five years to directors, officers, employees and consultants on Nov 3, 2025.

The grant is subject to TSX Venture Exchange approval. Options are intended as incentive compensation and may result in additional issued shares if exercised.

Positive

• 7,151,055 options granted to align management and staff incentives
• Exercise price set at $0.19 per share for five years

Negative

• Potential dilution of up to 7,151,055 shares if all options exercised
• Grant subject to TSX Venture Exchange approval, not yet final

VANCOUVER, British Columbia, Nov. 03, 2025 (GLOBE NEWSWIRE) -- Atico Mining Corporation (the “Company” or “Atico”) (TSX.V: ATY | OTC: ATCMF) announces that pursuant to the Company's stock option plan, 7,151,055 incentive stock options exercisable at $0.19 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 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 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 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, 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 AIF of the Company dated September 4, 2024 filed with the Canadian securities regulatory authorities on the SEDAR+ website at www.sedarplus.com.

FAQ

What did Atico Mining (ATCMF) announce on Nov 3, 2025 about stock options?

Atico granted 7,151,055 incentive stock options exercisable at $0.19 per share for five years to directors, officers, employees and consultants.

How could the Nov 3, 2025 option grant affect ATCMF shareholders?

If exercised, the options could issue up to 7,151,055 additional shares, causing potential dilution to existing shareholders.

Is the Atico option grant effective immediately for ATCMF?

The grant is conditional and subject to TSX Venture Exchange approval, so it is not final until approved.

What is the exercise period and price for the ATCMF options granted Nov 3, 2025?

Each option is exercisable at $0.19 per share for a period of five years from the grant date.

Who received the incentive stock options in Atico’s Nov 3, 2025 grant?

Options were granted to the company’s directors, officers, employees and consultants.