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Atico announces changes in the Board of Directors

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Mar 27, 2017) - Atico Mining Corporation (TSX VENTURE:ATY)(OTC PINK:ATCMF) today announces changes to the Board of Directors of the company.

The Board of Directors of Atico Mining have accepted the voluntary resignation of Mr. Jorge A. Ganoza as Director and non-executive Chairman of the Board of the company as of March 24, 2017. Mr. Jorge A. Ganoza is a co-founder of Atico and has served as Director and Chairman since the company´s inception in 2010. Mr. Ganoza, President, CEO and Director of Fortuna Silver Mines, leaves the Board of Atico to concentrate on the development of Fortuna and to reduce his external Board commitments.

Fernando E. Ganoza commented, "On behalf of the Board of Directors, management and shareholders, I would like to thank Jorge for his advice, contributions and stewardship over the past years." Mr. Ganoza added, "Jorge has unfailingly and keenly looked after the best interests of our shareholders during his tenure on the board."

The company is also pleased to announce the appointment of Mr. Luis D. Ganoza as non-executive Chairman of the Board and of Mr. Fernando E. Ganoza as Director of the Board.

About Atico Mining Corporation

Atico is a growth oriented, copper and gold producer focused on mining opportunities in Latin America. The Company's primary property is the El Roble mine located in Colombia. 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

Trading symbols: TSX.V: ATY / OTC: ATCMF

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 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, other than statements of historical fact, included herein, without limitation 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 prospectus of the Company dated March 2, 2012 filed with the Canadian securities regulatory authorities on the SEDAR website at www.sedar.com