Atlas Salt is pleased to announce that it has secured a C$1,000,000 conditionally repayable loan from the Atlantic Canada Opportunities Agency under the Regional Economic Growth through Innovation program. The funding will support the Company's innovative Mine Design and Optimization Initiative, which focuses on reducing greenhouse gas emissions and implementing sustainable mining technologies at the Great Atlantic Salt [...]
Atlas Salt is working with Oracle Corporation and deploying Oracle's suite of project and financial management solutions in support of the development of the Great Atlantic Salt Project. Oracle's project management tools, including Oracle Aconex, Oracle Primavera Cloud, and Oracle NetSuite, have been integrated to streamline project timelines, financial controls, and collaboration across all stages of the Project. See [...]
Atlas Salt is pleased to announce the appointment of Endeavour Financial as its financial advisor to lead the arrangement of project financing for the Great Atlantic Salt Project. Atlas Salt aims to secure $350-$400 million in senior secured debt, with the potential for additional subordinated debt, based on preliminary modeling. This financing initiative builds on significant achievements in 2024 that not only de-risk [...]
Atlas Salt announces that due to the ongoing postal strike in Canada some shareholders may have experienced a delay in receiving the materials for the annual general and special meeting of Atlas Salt shareholders. The Meeting will be held at 10:00 a.m. on Tuesday, December 3, 2024, at the Celestial Gallery at the Geo Centre, 175 Signal Hill Rd, St. John's. Shareholders can view the Management Information Circular for the [...]
Atlas Salt is pleased to share its approach to meeting Environmental Assessment conditions and to outline its phased permitting strategy for the Great Atlantic Salt Project. This strategy reflects Atlas Salt's commitment to advancing the project responsibly, laying the groundwork for Canada's next major salt mine through strong environmental stewardship and regulatory alignment at each development stage. Understanding EA [...]
Atlas Salt is pleased to announce the commencement of the geotechnical drilling program at its Great Atlantic Salt Project. Additionally, the Company has finalized the acquisition of a 160-hectare Crown land surface lease. Geotechnical Drilling and Investigation Program Commences Atlas Salt has appointed Terrane Geoscience Inc. and GEMTEC Consulting Engineers and Scientists Ltd. to lead the comprehensive geotechnical and [...]
Atlas Salt] announces that effective October 15th, 2024, Alasdair Federico, currently the Company's Vice-President of Corporate Affairs, will succeed Michael Psihogios as Chief Financial Officer of Atlas Salt. Mr. Psihogios advised Atlas Salt in mid-July of the decision to take a CFO position in western Canada, closer to home. Mr. Federico and Mr. Psihogios have worked closely together over the past three months to ensure [...]
Atlas Salt is pleased to announce the signing of a comprehensive non-binding Memorandum of Understanding with Sandvik Mining and Rock Solutions. This strategic partnership establishes Sandvik as the preferred underground mobile mining equipment supplier and Integrated Project Delivery Partner for the Great Atlantic Salt Project. This partnership with Sandvik is a significant step forward in the development of the Great [...]
Atlas Salt is pleased to announce that it has purchased certain parcels of land for the Great Atlantic Salt Project. The parcels are privately held vacant lots comprising in aggregate approximately 100 ha, of which Atlas Salt intends to develop only a small portion, leaving the remaining area as an undisturbed buffer around the mine site. The parcels include the areas required for the boxcut and mine portals. With the [...]
Atlas Saltis pleased to announce the publication of its inaugural Environmental, Social and Governance Report for its Great Atlantic Salt Project. The ESG Report highlights Atlas Salt's commitment to upholding core values of environmental stewardship and community engagement while focusing on innovative and sustainable mining. Three core sustainability-related priorities are outlined in the ESG Report: Maintaining Social [...]
Atlas Salt is pleased to announce a de-risked development schedule for the Great Atlantic Salt Project with 3rd party review and verification by Tamkali Limited, an independent provider of Project Development and Control Services with a focus on the Mining Industry. The Company previously disclosed a schedule for the Project in a technical report, supported by a feasibility study prepared by SLR Consulting, which was [...]
Atlas Salt is pleased to announce the completion of a detailed simulation and modelling verification for the Great Atlantic Salt Project with SRK Consulting. This marks a significant step forward in our strategic planning and development process by validating the Project's equipment requirements, material handling system, and port capabilities. The independent verification by SRK reduces the risk associated with project [...]
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