LLOYD I. MILLER, III AMENDS PREVIOUSLY FILED EARLY WARNING REPORT

TORONTO, Jan. 7 /CNW Telbec/ - As previously announced on December 7, 2010, Lloyd I. Miller, III, the investment advisor to the trustee of Trust A-4 ("Trust A-4"), the manager of the general partner of Milfam II L.P. ("Milfam II"), the trustee to a certain grantor retained annuity trust by the name of Milgrat I (V6) ("Milgrat V6") and settlor of an individual retirement account for Lloyd I. Miller, III ("LIM IRA") acquired ownership of 2,115,750 common shares ("Shares") of Atna Resources Ltd. ("Atna"), 1,057,875 of which were acquired through Milfam II and 1,057,875 of which were acquired through Trust A-4.

Subsequently, on December 8, 2010 and December 14, 2010, an additional 58,422 Shares and 10,500 Shares, respectively, were acquired through Milfam II. In respect of the 58,422 Shares, 50,500 Shares were acquired through the facilities of the Toronto Stock Exchange (the "TSX") for US$0.5861 per Share or Cdn$0.5920 per Share (based on the Noon Bank of Canada exchange rate on December 8, 2010) and 7,922 Shares were acquired through the over-the-counter market in the United States for US$0.58 per Share or Cdn$0.5860 per Share (based on the Noon Bank of Canada exchange rate on December 8, 2010). The 10,500 Shares were acquired through the facilities of the TSX for US$0.5484 or Cdn$0.55 per Share (based on the Noon Bank of Canada exchange rate on December 14, 2010). The additional 58,422 Shares and 10,500 Shares represent, on a combined basis, approximately 0.07% of the total issued and outstanding Shares. An amended early warning report in respect of the above noted transactions will be filed on SEDAR.

As a result of the acquisition of the additional 68,922 Shares, Trust A-4, Milfam II, Milgrat V6 and LIM IRA own or have control or direction over 3,398,791, 6,509,721, 1,837,817 and 10,304 Shares, respectively. These Shares represent 3.44%, 6.59%, 1.86% and 0.01%, respectively, of the total number of outstanding Shares. Mr. Miller owns, or exercises control or direction over, an aggregate of 11,756,633 Shares representing approximately 11.89% of the outstanding Shares.

In the previous early warning report, Mr. Miller reported that he and joint actors had acquired  common shares of Atna for investment purposes only and not with the purpose of influencing the control or discretion of Atna. The early warning report will now be updated to reflect certain changes to the investment intentions, objectives and strategy of Mr. Miller.

SOURCE Lloyd I. Miller, III

For further information:

For inquiries or a copy of the related early warning report required under Canadian provincial securities legislation, please contact:

Lloyd I. Miller, III
4550 Gordon Drive
Naples, Florida 34102
Telephone: (239) 262-8577
Facsimile: (239) 262-8025

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