Atalaya Mining Regulatory News (ATYM)

13 November 2013

EMED Mining Public Limited

("EMED Mining" or the "Company")

Ownership of the Rio Tinto Copper Project is Clear

EMED Mining Public Limited confirms that its wholly owned Spanish subsidiary, EMED Tartessus, S.L.U. is the legal owner of the Rio Tinto mining rights, contrary to any implication made by a recent press release from Trafigura Beheer BV ("Trafigura") reporting the existence of a purchase option agreement between Trafigura and the "Comision Liquidadora de Minas de Rio Tinto S.A." (a private company which has been in liquidation since 2004) in relation to these mining rights.

As reported in EMED Mining's recent quarterly report, EMED Mining remains focused on obtaining the permits required prior to site start-up works - mainly the Environmental Plan (or "AAU") and Administrative Standing (or "AS") and the EMED Mining team has been working closely and effectively with the Government to achieve this objective as soon as possible, with approval of the AAU expected by the end of 2013 and AS shortly thereafter."

Enquiries

For further information on the Company's activities, visit www.emed-mining.com