Atomic Minerals Corp. is pleased to announce that the Company will proceed with a Private Placement of up to 13,333,333 Units at $0.075 per Unit for gross proceeds of up to $1,000,000. Each Unit shall consist of one Common Share and one transferrable Common Share purchase warrant . Each Warrant shall entitle the holder to purchase one Common Share at an exercise price of $0.10 per Common Share for a period of three years [...]
Atomic Minerals Corp. is pleased to provide its outlook on the substantial price increase observed in the uranium market over the past months. The spot price of U3O8 has witnessed a remarkable increase of over 227.6% since March 2020. [1] . The Company recognizes the positive implications of this upward trend, which reflects the escalating global demand for clean and sustainable energy sources. As the international community [...]
This release corrects and replaces the previous release disseminated October 16, 2023 at 12:00 pm ET. The previous release contained incorrect information in the second paragraph. Please see the corrected release below. Atomic Minerals Corp. announces that further to its news release on October 11, 2023, the Company will proceed to consolidate its common shares on the basis of one post-consolidation common share for every [...]
Atomic Minerals Corp. announces that further to its news release on October 11, 2023, the Company will proceed to consolidate its common shares on the basis of one post-consolidation common share for every five pre-consolidation common shares . The Company will not be changing its name or trading symbol. The Company's new ISIN and CUSIP will be CA04965P2089 and 04965P208 respectively. The Record date for the consolidation [...]
Atomic Minerals Corp. announces that the Board of Directors of the Company has recommended consolidation of the Company's issued and outstanding common shares on the basis of five pre-consolidated Common Shares for one new post consolidated Common Share and a subsequent financing as the Company believes the proposed Consolidation will position the Company with increased flexibility to seek additional capital given the [...]
Atomic Minerals Corp. announces that the Company has temporarily paused the Phase I drill program at the Harts Point Uranium Property in San Juan County, southeast Utah, at the request of the Bureau of Land Management . The Company anticipates being able to re-commence exploration at Harts Point shortly and remains committed to keeping shareholders up to date with the latest developments as it continues to explore this [...]
Atomic Minerals Corp. is pleased to announce the commencement of Phase 1 drilling at the Harts Point Uranium Project in San Juan County, southeast Utah. Harts Point is fully permitted for 20 drill pad locations; the initial holes will focus on a 5 kilometer strike length where historic oil and gas holes recorded "off-scale" radioactivity at the base of the uraniferous Chinle Formation. Favourable results will lead to the [...]
Atomic Minerals Corp. announces that it has entered into debt settlement agreement with an arm's length third party of the Company, pursuant to which the Company has agreed to issue an aggregate of 6,000,000 common shares at a deemed price of $0.05 per Share, to settle a total indebtedness of Cdn$300,000 . The Company determined to satisfy this outstanding indebtedness with Shares to preserve its cash for operations. The [...]
Atomic Minerals Receives Drilling Permit for 20 Drill Pad Locations for Phase I Drill Program at Harts Point Uranium Property, Utah Atomic Minerals Corp. is pleased to announce that it has received drilling permits for the Harts Point Uranium Property in San Juan County, southeast Utah. The Bureau of Land Management has approved up to 20 drill pads to test the extent of uranium mineralization across the Property. Atomic [...]
Atomic Minerals Corp. is pleased to announce the execution of a definitive option agreement with Kraken Energy Corp. . Kraken may acquire up to a 75% interest in the Harts Point Uranium Property in San Juan County, southeast Utah . The Property is located in the center of the Colorado Plateau, referred to by some as "the Athabasca Basin of the US" and is 64 kilometers north of the White Mesa Uranium Mill, the only fully [...]
Atomic Minerals Corp. is pleased to announce it has entered into a binding letter agreement with Kraken Energy Corp. dated May 2nd, 2023 which provides Kraken option to acquire up to 75% of the Harts Point Uranium Property located in San Juan County, southeast Utah , within the uranium rich Colorado Plateau. Harts Point consists of 324 lode mining claims located on land administered by the US Bureau of Land Management [...]
Atomic Minerals Corp. is pleased to announce it has entered into an option agreement for the Hamilton Lake Uranium Project and the Mitchell Lake Uranium Project located in Canada's Athabasca Basin from two arm's length vendors . Hamilton Lake consists of 2,972 hectares and lies approximately 45 kilometres northeast of Uranium City, Saskatchewan. Mitchell Lake consists of 292 hectares and lies approximately 660 kilometres [...]