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ATAC Resources Ltd. Grants Incentive Stock Options

Press Release

January 9, 2020 – ATAC Resources Ltd. (TSX-V: ATC) announces that it has granted incentive stock options to directors, officers, employees and consultants, entitling those parties to purchase up to a total of 2,210,000 common shares at a price of $0.22 for a period of five years.All options will vest on a quarterly basis commencing three months from the date of granting.

About ATAC

ATAC is a Yukon-based exploration company focused on advancing Yukon’s premier precious & base metal district. Work on the ~1,700 km2 property has resulted in the Osiris Project Inferred Mineral Resource of 1,685,000 oz of gold at an average grade of 4.23 g/t (in 12.4 Mt), a positive Preliminary Economic Assessment for the Tiger Gold Deposit, and numerous early-stage gold and base metal discoveries. ATAC is well-financed with approximately $10 million in working capital.

On behalf of Management and the Board of Directors of ATAC Resources Ltd.

Graham Downs, President and CEO

For further information, please contact:

Graham Downs, President and CEO

ATAC Resources Ltd.

T: 604-687-2522

[email protected]

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