Day: July 23, 2024

HomeDay: July 23, 2024

Atlas Salt Inc. Announces Grants of Deferred Share Units

Atlas Salt Inc. Announces Grants of Deferred Share Units ST. JOHN’S NEWFOUNDLAND AND LABRADOR / ACCESSWIRE / July 23, 2024 / Atlas Salt Inc. (“Atlas” or the “Company”)(TSXV:SALT)(OTCQB:REMRF) announces that the Company’s board of directors has approved the grant of 850,000 deferred share units to certain directors of the Company. All deferred share units were granted pursuant to the Company’s Equity Incentive Plan and are subject to the terms of the applicable grant agreements and the requirements of the TSX Venture Exchange. About Atlas Salt Inc. Atlas Salt Inc. is developing Canada’s next salt mine and is committed to responsible and sustainable mining practices. With a focus on innovation and efficiency, the company is poised to make significant contributions to the North American salt market while upholding its values of environmental stewardship and community engagement. For information, please contact: Richard LaBelle, [email protected](709) 739-9545 We seek safe harbor. Cautionary Statement Neither […]

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Great Atlantic Salt Project to Provide Significant Economic Boost to Newfoundland & Labrador and Canada

Great Atlantic Salt Project to Provide Significant Economic Boost to Newfoundland & Labrador and Canada ST. JOHN’S NEWFOUNDLAND AND LABRADOR / ACCESSWIRE / July 23, 2024 / Atlas Salt Inc. (“Atlas” or the “Company”)(TSXV:SALT)(OTCQB:REMRF) is pleased to announce the results of an Economic Impact Report and Model (the “Report”) for its Great Atlantic Salt Project (the “Project”) prepared by Jupia Consultants Inc. (“Jupia”). The Report concludes that, combining both capital and operational expenditures, the entire Project will have significant direct, indirect and induced effects on the regional and Provincial economies over the life of the Project, including the following highlights*:•Boosting Newfoundland and Labrador (“NL”) GDP by $4.8 billion;•Contributing $2.5 billion in employment income in NL;•Boosting annual household spending in NL by $1.9 billion;•Contributing $90 million in tax revenue to municipal governments in NL; and•Contributing $1.7 billion to the NL government and $953 million to the federal government in Canada. * In […]

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