Atico Mining Closes USD 16.4 Million Convertible Debenture Private Placement

Atico Mining closed a USD 16.4 million secured convertible debenture private placement with a Trafigura affiliate on October 15, 2026. Consideration comprised approximately USD 12.48 million in cash advances and USD 3.52 million converted from existing debt. The debenture converts at USD 0.22 per share, with annual interest of 7% paid in cash or 10% in shares. A concurrent settlement issued 16,149,870 shares for USD 2.5 million of debt, fully extinguishing the existing Trafigura credit agreement. Proceeds repaid all outstanding Dundee debenture debt; remaining funds will support La Plata pre-construction activities and general corporate purposes. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Atico Mining Corporation published the original content used to generate this news brief on October 15, 2026, and is solely responsible for the information contained therein. (C)