Atico Mining Corporation ("Atico" or the "Company") (TSX VENTURE:ATY)
(PINKSHEETS:ATCMF) advises that, further to its press release dated August 8,
2013, a notice of civil claim has been filed with the British Columbia Supreme
Court by Carl Nelson and Recursos del Caribe SA, the company through which Carl
Nelson conducts his geological consulting business, (together, "Mr. Nelson"),
naming Atico and three of Atico's directors as defendants. Mr. Nelson provided
consulting services to the Company in connection with its El Roble project in
Colombia and participated in financings undertaken by the Company prior to the
Company's initial public offering. 


Mr. Nelson makes several allegations in his claim, including: alleging a key
role in recognizing the mineral potential of the El Roble project and acting as
a founder of Atico; alleging the existence of a partnership or joint venture;
and alleging oppressive and unfair treatment related to the issuance of shares,
benefits and his exclusion from the management of Atico. Mr. Nelson seeks
various relief, including: claiming payment of a finder's fee of approximately
$436,000 in connection with the El Roble project; seeking the right to purchase
2,500,000 additional shares of Atico at a pre-IPO subscription price from Atico,
or alternatively, the individual defendants; seeking appointment to the board of
directors of Atico or accorded such other meaningful and ongoing role in the
affairs of Atico; and claiming other damages and costs in addition to the
amounts already paid to him for his geological consulting services. 


The allegations of Mr. Nelson have not been proven. The Company disputes Mr.
Nelson's claims and will defend itself in this matter. 


About 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 

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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Atico Mining Corporation
Igor Dutina
Investor Relations
+1.604.633.9022
www.aticomining.com

Atico Mining (TSXV:ATY)
Gráfica de Acción Histórica
De May 2024 a Jun 2024 Haga Click aquí para más Gráficas Atico Mining.
Atico Mining (TSXV:ATY)
Gráfica de Acción Histórica
De Jun 2023 a Jun 2024 Haga Click aquí para más Gráficas Atico Mining.