Atlas Salt Announces Upsized Bought Deal LIFE Offering of Common Shares
Atlas Salt Announces Upsized Bought Deal LIFE Offering of Common Shares 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 – June 1, 2026 – Atlas Salt Inc. (“Atlas Salt” or the “Company”) (TSXV: SALT; OTCQX: SALQF; FRA: 9D00) is pleased to announce that, as a result of strong investor demand, it has amended its agreement with Ventum Financial Corp. and Raymond James Ltd., as co-lead underwriters (the “Underwriters”), to increase the size of its previously announced underwritten bought deal listed issuer financing exemption offering of common shares of the Company (the “Common Shares”) from gross proceeds of approximately C$10,000,000 to gross proceeds of C$15 million (the “Offering”). Under the Offering, the Underwriters have agreed to purchase, on a bought deal basis, 12,500,000 Common Shares at a price of C$1.20 per Common Share (the “Offering Price”). Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106 […]