An anonymous director reports

ATCO MINING ANNOUNCES PRIVATE PLACEMENT

Atco Mining Inc. will conduct a non-brokered private placement for gross proceeds of up to $230,000.

The offering will consist of up to four million flow-through units at a price of 5.75 cents per unit. Each flow-through unit will consist of one common share of the company to be issued as a flow-through share within the meaning of the Income Tax Act (Canada) and one share purchase warrant. Each warrant will entitle the holder to purchase one common share of the company at a price of 15 cents for a period of 24 months.

The proceeds raised from the offering will be used to incur Canadian exploration expenses as defined in Subsection 66.1(6) of the Income Tax Act (Canada). All securities issued in the offering will be subject to a statutory four-month-and-one-day hold period. Closing of the offering is subject to receipt of all regulatory approvals, including approval of the Canadian Securities Exchange. The company may pay finders' fees to eligible third parties in consideration for the introduction of subscribers to the offering.

The offering is fully subscribed and the company intends to close within the next week.

About Atco Mining Inc/

Atco is a junior exploration mining company focused on exploring for green energy metals throughout Canada. Atco is exploring for uranium in the Athabasca basin as well as salt opportunities in western Newfoundland.

We seek Safe Harbor.