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December 19, 2012
Atico to Raise up to $8 Million by Private Placement

  December 19, 2012 (TSX Venture: ATY) -- Atico Mining Corporation ("Atico" or the "Company") intends to undertake a non-brokered private placement financing (the "Private Placement"). The Private Placement provides for the issuance of up to 12,307,693 units (the "Units") at $0.65 per Unit for aggregate proceeds of up to $8 million. Each Unit shall consist of one common share (a "Share") and one half of one non-transferable common share purchase warrant (a "Warrant"). Each whole Warrant will entitle the holder to purchase an additional Share at $0.90 for a period of 18 months from the date of issuance. The Private Placement is expected to close in January 2013.
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