Author: jcummings

Atlas Salt Announces Publication of its Inaugural ESG Report – The Path to a Sustainable Legacy

Atlas Salt Announces Publication of its Inaugural ESG Report: The Path to a Sustainable Legacy ST. JOHN’S, NEWFOUNDLAND AND LABRADOR -August 15, 2024 – Atlas Salt Inc. (“Atlas Salt” or the “Company”) (TSXV:SALT)(OTCQB:REMRF) is pleased to announce the publication of its inaugural Environmental, Social and Governance Report (“ESG Report”) for its Great Atlantic Salt Project (the “Project”). The ESG Report highlights Atlas Salt’s commitment to upholding core values of environmental stewardship and community engagement while focusing on innovative and sustainable mining. Three core sustainability-related priorities are outlined in the ESG Report: Maintaining Social License: We are building the social license to operate through engagement right from the planning stage with all key partners for the Project, with the goal of building long-term, mutually beneficial relationships. Developing Market for Clean Salt: We know that demand for de-icing salt currently outstrips domestic supply, so we are focused on identifying bulk and packaged clients who value […]

Atlas Salt Announces De-risked Development Schedule for Great Atlantic Salt Project

Atlas Salt Announces De-risked Development Schedule for Great Atlantic Salt Project St. John’s, Newfoundland and Labrador – August 12, 2024 – Atlas Salt Inc. (“Atlas Salt” or the “Company”) (TSXV: SALT; OTCQB: REMRF) is pleased to announce a derisked development schedule for the Great Atlantic Salt Project (the “Project”) with 3rd party review and verification by Tamkali Limited (“Tamkali”), an independent provider of Project Development and Control Services with a focus on the Mining Industry. The Company previously disclosed a schedule for the Project in a technical report, supported by a feasibility study (“Feasibility Study”) prepared by SLR Consulting (Canada) Ltd. (“SLR”), which was filed on SEDAR+ on October 12, 2023, as amended and refiled on May 1, 2024. That feasibility schedule assumed a duration of 62 months, following project sanctioning that does not account for sourcing, timing and preconditions for securing financing, all of which were not part of […]

Atlas Salt Advances Equipment and Infrastructure Modelling for the Great Atlantic Salt Project with SRK Consulting

Atlas Salt Advances Equipment and Infrastructure Modelling for the Great Atlantic Salt Project with SRK Consulting St. John’s, Newfoundland and Labrador – July 31, 2024 – Atlas Salt Inc. (“Atlas Salt” or the “Company”) (TSXV: SALT; OTCQB: REMRF), Atlas Salt Inc. is pleased to announce the completion of a detailed simulation and modelling verification for the Great Atlantic Salt Project (the “Project”) with SRK Consulting (Canada) Inc. (“SRK”). This marks a significant step forward in our strategic planning and development process by validating the Project’s equipment requirements, material handling system, and port capabilities. The independent verification by SRK reduces the risk associated with project execution by confirming that the equipment and the overall material handling system can achieve sustained production rates. This supports Atlas Salt’s decision-making process in equipment selection and operational planning. Key Findings:  1. Resolution of SLR* Recommendations: We have resolved key recommendations from the Feasibility Study (“FS”), […]

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 […]

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 […]

Atlas Salt Inc. Announces Filing of Amended Report for the Great Atlantic Salt Project

Atlas Salt Inc. Announces Filing of Amended Report for the Great Atlantic Salt Project ST. JOHN’S NEWFOUNDLAND AND LABRADOR / ACCESSWIRE / May 1, 2024 / Atlas Salt Inc. (“Atlas” or the “Company”)(TSXV:SALT)(OTCQB:REMRF) announces the filing of an amended technical report (the “Amended Technical Report”) for the Great Atlantic Salt Project (the “Project”), following a routine continuous disclosure review by staff of the British Columbia Securities Commission. The Company previously filed a technical report titled “Technical Report on the Great Atlantic Salt Project, Newfoundland and Labrador, Canada” prepared by SLR Consulting (Canada) Ltd. and filed on SEDAR+ on October 12, 2023 (the “October 2023 Report”), with an effective date of July 31, 2023. The October 2023 Report, supported by a feasibility study, presented a base case (the “Base Case”) for a mining project that envisions developing the Project into an underground operating mine capable of producing 2.5 Mtpa of rock salt. […]

Atlas Salt Inc. Announces Annual Filings and Company Update

Atlas Salt Inc. Announces Filing of Amended Report for the Great Atlantic Salt Project ST. JOHN’S NEWFOUNDLAND AND LABRADOR / ACCESSWIRE / May 1, 2024 / Atlas Salt Inc. (“Atlas” or the “Company”)(TSXV:SALT)(OTCQB:REMRF) announces the filing of an amended technical report (the “Amended Technical Report”) for the Great Atlantic Salt Project (the “Project”), following a routine continuous disclosure review by staff of the British Columbia Securities Commission. The Company previously filed a technical report titled “Technical Report on the Great Atlantic Salt Project, Newfoundland and Labrador, Canada” prepared by SLR Consulting (Canada) Ltd. and filed on SEDAR+ on October 12, 2023 (the “October 2023 Report”), with an effective date of July 31, 2023. The October 2023 Report, supported by a feasibility study, presented a base case (the “Base Case”) for a mining project that envisions developing the Project into an underground operating mine capable of producing 2.5 Mtpa of rock salt. […]

Atlas Salt Inc. Announces Annual Filings and Company Update

Atlas Salt Inc. Announces Annual Filings and Company Update St. John’s, Newfoundland and Labrador April 24, 2024 – Atlas Salt Inc. (“Atlas” or the “Company”; TSXV: SALT; OTCQB: REMRF) is pleased to announce that it has filed its year-end audited financial statements and Management Discussions and Analysis (“MD&A”) as of December 31, 2023 with the appropriate Canadian and U.S. regulatory bodies. Canadian filings are available for viewing on SEDAR at www.sedarplus.ca and U.S. filings are available viewing on OTC Markets at www.otcmarkets.com. Company Update – 2024 ObjectivesThe Company has already achieved crucial milestones in 2024 in the development of the Great Atlantic Salt Project and achieving a path to financing, construction and ultimately unlocking stakeholder value. 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 […]

Atlas Salt Inc. Announces Release with Conditions under the Environmental Protection Act for the Great Atlantic Salt Project

Atlas Salt Inc. Announces Release with Conditions under the Environmental Protection Act for the Great Atlantic Salt Project St.John’s, April 19, 2024 – Atlas Salt Inc. (“Atlas” or the “Company”; TSXV: SALT; OTCQB: REMRF) is pleased to announce that the Honourable Bernard Davis, Newfoundland and Labrador (NL) Minister of Environment and Climate Change, has released the proposed Great Atlantic Salt Project (the “Project”) from the provincial environmental assessment (“EA”) process. The Minister’s decision follows regulatory and public review of the Project’s Environmental Registration document, which was submitted to the NL Department of Environment and Climate Change (“NLDECC”) on February 29, 2024. Rick LaBelle, CEO, commented: “Today’s news is very positive. The Great Atlantic Salt Project is poised to bring significant economic growth to the west coast of Newfoundland. Upon completion of advanced engineering and construction, the project will be positioned to deliver high-quality Canadian-made salt for markets in North America. We are […]

Atlas Salt Inc. Announces Update on Registration under Environmental Protection Act

Atlas Salt Inc. Announces Update on Registration under Environmental Protection Act St. John’s, Newfoundland and Labrador, April 11, 2024 – Atlas Salt Inc. (the “Company” or “Atlas Salt” – TSXV: SALT; OTCQB: REMRF) announces that the Minister of Environment and Climate Change has requested, and Atlas Salt has agreed to, an extension of time to render a decision regarding the Company’s Project Registration Document (the “Registration”) for the Great Atlantic Salt Project (the “Project”), pursuant to Part X of the Newfoundland and Labrador Environmental Protection Act. A decision by the Minister is expected by April 19, 2024. As outlined in the press release dated February 28, 2024, the Registration represents a crucial milestone in the Project’s development and path to financing, construction and unlocking shareholder value. The Registration outlines the Company’s dedication to innovation, sustainable mining practices, community engagement, and implementing strategies and designs to minimize environmental impact. Atlas Salt […]

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