Pursuant to the amendment and restatement, the maturity date will be extended to December 16, 2027 and interest on the outstanding Principal Amount will accrue at a rate of 12% per annum. The Company will have the right, at its sole discretion, to prepay the entire outstanding principal amount, together with accrued and unpaid interest thereon, at any time (subject to providing required notice) prior to the maturity date without penalty. The loan will be supported by a guarantee from certain subsidiaries of the Company, and upon the amendment and restatement, the Principal Amount will no longer be convertible into securities of the Company.
In connection with the amendment and restatement, the Company will issue to Dundee 1,000,000 non-transferable common share purchase warrants (the "Warrants"), each exercisable to acquire one common share of the Company at an exercise price equal to a 30% premium to the market price for a period of two years from the date of issuance.
Closing is expected to occur concurrent with the execution of definitive documentation on or about December 16, 2025 and is subject to customary closing conditions including receipt of requisite approvals including the approval of the TSX Venture Exchange.
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. GanozaCEOAtico Mining Corporation
Trading symbols: TSX.V: ATY | OTCQX: ATCMF
Investor RelationsIgor DutinaTel: +1.604.729.5765
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