An anonymous director reports

ATCO MINING CLOSES PRIVATE PLACEMENT

Atco Mining Inc. has closed its non-brokered private placement and has issued 4,114,870 flow-through units at a price of 5.75 cents per FT unit for gross proceeds of $236,605. Each FT unit consists of one common share of the company and one transferable common share purchase warrant entitling the holder thereof to purchase one additional share at a price of 15 cents until May 17, 2026.

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 are subject to a statutory four-month-and-one-day hold period expiring on Sept. 18, 2024.

In connection with closing of the offering, the company paid finders' fees of $19,580 and issued 141,395 units and 22,400 warrants to certain arm's-length parties who assisted in introducing subscribers. Each finder's unit comprised one common share of the company and one warrant.

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.