Atlas Salt Announces $10 Million Bought Deal LIFE Financing
Atlas Salt Announces $10 Million Bought Deal LIFE Financing THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES FOR IMMEDIATE RELEASE St. George’s, Newfoundland and Labrador – May 31, 2026 – Atlas Salt Inc. (“Atlas Salt” or the “Company”) (TSXV: SALT; OTCQX: SALQF; FRA: 9D00) announces that it has entered into an agreement with Ventum Financial Corp. on behalf of itself and Raymond James Ltd., as co-lead underwriters and co-lead bookrunners (together, the “Underwriters”), pursuant to which the Underwriters have agreed to purchase, on a bought deal private placement basis, an aggregate of 8,333,400 common shares of the Company (“Common Shares”) at a price of $1.20 per Common Share (“Offering Price”) for aggregate gross proceeds of $10,000,080 (the “Offering”). The Company has also granted the Underwriters an option (the “Underwriter’s Option”) to purchase up to an additional 15% of the […]