ATY Atico Mining Corp

NOT FOR DISTRIBUTION TO US NEWSWIRE SERVICES NOR FOR DISSEMINATION IN THE UNITED
STATES OF AMERICA


Atico Mining Corporation (TSX VENTURE:ATY) ("Atico" or the "Company") is pleased
to announce that it is has completed its previously announced non-brokered
private placement financing (the "Private Placement"), raising $8.0 million by
the issuance of 12,307,694 units at $0.65 (the "Units"). Each Unit was comprised
of one common share (a "Share") and one-half of one non-transferable common
share purchase warrant (each whole warrant, a "Warrant"). Each Warrant entitles
the holder to purchase an additional Share at $0.90 until July 16, 2014.


The Shares, and any Shares issued on the exercise of the Warrants, are subject
to a restricted resale period under Canadian securities law and TSX Venture
Exchange ("TSXV") policy until May 17, 2013.


The Company paid cash finders' fees of $213,900 in respect of subscriptions from
investors introduced by various finders. Insiders of the Company also purchased
an aggregate of 412,308 Units, which constitutes a related party transaction
within the meaning of Multilateral Instrument 61-101 and TSXV Policy 5.9
(together, the "Policies"). The Company's board of directors has determined that
exemptions from the formal valuation and minority approval requirements under
the Policies are available.


The proceeds of the offering will be used by Atico for on-going exploration at
the El Roble Project and general working capital purposes.


Atico Mining Corporation

Atico is a growth oriented, copper and gold exploration and development company
focused on mining opportunities in Latin America. The company's primary property
is the El Roble project. The Company is selectively pursuing additional
acquisition opportunities. For more information, please visit our website at
www.aticomining.com.


ON BEHALF OF THE BOARD

Fernando E. Ganoza, CEO

Atico Mining Corporation

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 included herein,
other than statements of historical fact, including, without limitation, the
completion of the Private Placement and 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 management
discussion and analysis of the Company dated November 26, 2012 and in the
prospectus of the Company dated March 2, 2012, each as filed with the Canadian
securities regulatory authorities on the SEDAR website at www.sedar.com.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Atico Mining Corporation
Kim Casswell
Corporate Secretary
+1.604.633.9022
www.aticomining.com

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