Atlas Salt Announces Management Transition
GEORGE’S, Newfoundland and Labrador, June 22, 2026 (GLOBE NEWSWIRE) – Atlas Salt Inc. (“Atlas Salt” or the “Company”) (TSXV: SALT; OTCQX: SALQF; FRA: 9D00) announces that Jeff Kilborn has resigned as Chief Financial Officer of the Company for personal reasons.
The Board of Directors and management team would like to thank Jeff for his dedication and contributions to Atlas Salt during a transformative period in the Company’s growth and development. During his tenure, Jeff played an important role in supporting the advancement of the Great Atlantic Salt Project and the Company’s corporate and financing initiatives.
Nolan Peterson, Chief Executive Officer of Atlas Salt, commented: “On behalf of the Board and the entire Atlas Salt team, I would like to sincerely thank Jeff for his professionalism, leadership and commitment to the Company. We are grateful for the contributions he has made during a significant period in Atlas Salt’s evolution and wish him every success in his future endeavors.”
Jeff Kilborn commented: “It has been a privilege to serve as Chief Financial Officer of Atlas Salt and to work alongside such a talented team. I am proud of what we have accomplished together and look forward to following the Company’s continued success as it advances the Great Atlantic Salt Project.”
The Company has commenced a process to identify a successor Chief Financial Officer. In the interim, the Company’s finance and accounting functions will continue under the oversight of senior management and the Board of Directors.
About Atlas Salt Inc.
Atlas Salt 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 more information, please contact:
Nolan K. Peterson, CEO and Director
[email protected]
(709) 275-2009
We seek safe harbour.
Cautionary Statement
Neither the TSX Venture Exchange nor its Regulation Services Provider, (as the term is defined in the Policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This press release includes certain “forward-looking information” and “forward-looking statements” (collectively “forward- looking statements”) within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein, without limitation, statements relating to the future operating or financial performance of the Company, are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as “expects”, “anticipates”, “believes”, “intends”, “estimates”, “potential”, “possible”, and similar expressions, or statements that events, conditions, or results “will”, “may”, “could”, or “should” occur or be achieved. Forward-looking statements in this press release relate to, among other things: completion, delivery and timing of project components and requirements, and analysis and assumptions related thereto. Actual future results may differ materially. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by the respective parties, are inherently subject to significant business, technical, economic, and competitive uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements and the parties have made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: the timing, completion and delivery of required permits, supply arrangements and financing. Readers should not place undue reliance on the forward-looking statements and information contained in this news release concerning these times. Except as required by law, the Company does not assume any obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law