Atlas Salt announces the filing of an amended technical report for the Great Atlantic Salt Project, following a routine continuous disclosure review by staff of the British Columbia Securities Commission. The Company previously filed a technical report titled "Technical Report on the Great Atlantic Salt Project" prepared by SLR Consulting and filed on SEDAR+ on Oct 12, 2023, with an effective date of July 31, 2023. The [...]
Atlas Salt is pleased to announce that it has filed its year-end audited financial statements and Management Discussions and Analysis as of December 31, 2023 with the appropriate Canadian and U.S. regulatory bodies. Canadian filings are available for viewing on SEDAR+ and U.S. filings are available viewing on OTC Markets. Company Update - 2024 Objectives The Company has already achieved crucial milestones in 2024 in the [...]
Atlas Salt is pleased to announce that the Honourable Bernard Davis, Newfoundland and Labrador Minister of Environment and Climate Change, has released the proposed Great Atlantic Salt Project from the provincial environmental assessment process. The Minister's decision follows regulatory and public review of the Project's Environmental Registration document, which was submitted to the NL Department of Environment and [...]
Atlas Salt announces that the Minister of Environment and Climate Change has requested, and Atlas Salt has agreed to, an extension of time to render a decision regarding the Company's Project Registration Document for the Great Atlantic Salt Project , pursuant to Part X of the Newfoundland and Labrador Environmental Protection Act. A decision by the Minister is expected by April 19, 2024. As outlined in the press release [...]
Atlas Salt is pleased to announce the submission of the Project Registration Document for the Great Atlantic Salt Project, pursuant to Part X of the Newfoundland and Labrador Environmental Protection Act. This submission represents a crucial milestone in the Project's development and path to financing, construction and unlocking shareholder value. The Registration outlines the Company's dedication to innovation [...]
Atlas Salt is pleased to announce the results of a Greenhouse Gas Emissions Inventory Report for its Great Atlantic Salt Project by Stantec Consulting Ltd. . Highlights include: Operational GHG emissions significantly lower than industry standard. Sustainable use of state-of-the art battery electric mining technologies. The annual direct GHG emissions from mine operations are comparable to those of just four Newfoundland [...]
Atlas Salt is pleased to announce that, following the recent completion of its robust Feasibility Study and recruitment of the core execution team, Atlas is focusing on implementing its project execution plan. The Path Forward: Key Strategies for De-Risking Mine Project Execution The project execution plan will mitigate the risks associated with key elements of the capital construction project, including those which are [...]
Atlas Salt is pleased to announce the formation of the Core Project Execution Team for the development of its new underground salt mine in St. Georges, Newfoundland. This strategic move underscores the company's commitment to excellence and its dedication to developing the Great Atlantic Salt Project. Core Project Execution Team Leading the team as Mine Project Manager, Andrew Smith, P. Eng., ICD.D, offers over a decade [...]
Atlas Salt shareholders approved all resolutions at the annual general and special meeting of shareholders today in St. John’s. All individuals nominated for the board of directors were elected, being Rick LaBelle, Patrick Laracy, Rowland Howe, Carson Noel, Fraser Edison and Marc Boissonneault. The Company welcomes Mr. Boissonneault P.Eng. MBA to the Board. Mr. Boissonneault is an accomplished mining industry professional [...]
Atlas Salt announces that further to its news release of August 28, 2023, the Company has filed a technical report on SEDAR presenting the results of a Feasibility Study of the Great Atlantic Salt Project on the west coast of Newfoundland in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects. The report is entitled "Technical Report on the Great Atlantic Salt Project, Newfoundland [...]
Atlas Salt has secured a top-tier build team for its Great Atlantic Salt Project to develop North America's premier undeveloped high-grade salt deposit, 100% owned by Atlas and strategically. An independent Feasibility Study from SLR Consulting, released August 28, 2023, gave the project a pre-tax NPV of $1.017 billion with a 23% IRR based on a 34-year mine life at a production rate of 2.5 million tonnes per year and a [...]
Atlas Salt announces that the Company's board of directors has approved the grant of 890,000 restricted share units and 1,560,000 performance share units to certain directors and officers of the Company. All security based compensation was granted pursuant to the Company's Equity Incentive Plan and are ?subject to shareholder approval, the terms of the applicable grant agreements and the requirements of the TSX Venture [...]