Atlas Salt Inc.

Atlas Salt announces a non-brokered private placement for up to five million units at a price of $2.00 per unit for aggregate gross proceeds of up to $10,000,000 targeting strategic institutional investors. Each unit will consist of one common share of the Company and one-half of one common share purchase warrant. Each full warrant will entitle the holder thereof to purchase one common share at a price of $2.40 per share [...]

Atlas Salt has intersected a thick bed of salt in the easternmost drill hole at Great Atlantic. Drill hole CC-9 cut a gross interval of salt over 333 meters starting from a depth of 243 meters. The drill hole was collared 250 meters east of CC-4 and is anticipated to be the last drill hole for resource classification purposes subject to final analytical results pursuant to the ongoing Feasibility Study. Mr. Rowland Howe [...]

Atlas Salt is pleased to provide the following update on its 100%-owned Great Atlantic Project, North America's premier undeveloped salt deposit in the heart of a large regional U.S./Canadian road salt market facing a significant domestic production shortfall. Highlights: Ongoing drilling, nearing completion, continues to confirm the large resource endowment of high-grade Great Atlantic salt and has yet to find the limits [...]

Atlas Salt Inc. is pleased to announce that it will be presenting at the virtual Resource Mining & Exploration Conference Tuesday, November 22, 2022, hosted by Sagacity Capital Media and Guerilla Capital. President & Director Rowland Howe will provide an in-depth update on the Company at 11:40 a.m. ET, November 22, 2022. RMEC is an interactive experience for featured companies and investors. Companies will have 20 minutes [...]

Atlas Salt announces that it has authorized the grant of 1,125,000 Directors' and Officers' stock options and 650,000 employee and consultant stock options, all exercisable at $2.35 per share for variable terms and vesting periods consistent with the Company's stock option plan and subject to TSXV Stock Exchange approval. The Company has reserved 8,761,564 listed shares for issuance under its stock option plan, of which [...]

Atlas Salt is pleased to announce that its common shares are now DTC service eligible for electronic clearing and settlement through the Depository Trust Company in the United States. DTC is a subsidiary of the Depository Trust & Clearing Corporation, a U.S. company that manages the electronic clearing and settlement of publicly traded companies. Securities that are eligible to be electronically cleared and settled [...]

Atlas Salt and Triple Point Resources are pleased to announce that the previously announced spin-out of Triple Point through a Plan of Arrangement under the Business Corporations Act has been completed. The Arrangement was effective at 12:01 a.m. on September 22, 2022. Pursuant to the Arrangement, Atlas Salt transferred ownership of the Fischell's Brook Salt Dome and other mineral licenses prospective for salt domes to [...]

Atlas Salt Inc. is pleased to announce that on Sept. 7, 2022, the Supreme Court of British Columbia issued its final order approving a Plan of Arrangement with Triple Point Resources Ltd. The Company has set 12:01 a.m. on Sept. 22, 2022, as the effective time and date for the closing of the Arrangement. Shareholders of record as at the close of business on September 21, 2022, will be entitled to receive one Triple Point [...]

Atlas Salt Inc. is pleased to announce that at its annual general and special meeting held yesterday, holders of common shares of Atlas Salt voted overwhelmingly in favour of the special resolution to approve the proposed Plan of Arrangement with Triple Point Resources Ltd. under the Business Corporations Act. The special resolution with respect to the Arrangement was approved by 99.99% of the votes cast by shareholders [...]

Atlas Salt Inc. is pleased to provide a corporate update with the leaders of Canada and Germany expected to sign a "Hydrogen Accord" at a news conference scheduled for early this evening in Stephenville, Newfoundland. In addition to its flagship Great Atlantic Salt Project, approximately 25 km south of Stephenville, Atlas owns 100% of the Fischell's Brook salt deposit, Newfoundland and Labrador's only known salt dome with [...]