Category: Featured News

A category of highlighted posts

Atlas Salt Issues Compensation Securities

Atlas Salt Issues Compensation Securities FOR IMMEDIATE RELEASE St. George’s, Newfoundland and Labrador – September 19, 2025 – Atlas Salt Inc. (“Atlas Salt” or the “Company”) (TSXV: SALT; OTCQB: REMRF) announces the issuance of compensation securities to members of the Board of Directors of the Company. A total of 600,000 deferred share units (“DSUs”) has been granted today pursuant to the Company’s Equity Incentive Plan. The DSUs will vest on the first anniversary of the grant date, provided the recipient remains in service to the Company. The DSUs are subject to the terms of the applicable grant agreements and the requirements of the TSX Venture Exchange and all applicable securities laws. About Atlas Salt Atlas Salt is developing North America’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 […]

Atlas Salt Supports Memorial University Researchers with their Passive Array for Critical Minerals on the Island of Newfoundland

Atlas Salt Supports Memorial University Researchers with their Passive Array for Critical Minerals on the Island of Newfoundland FOR IMMEDIATE RELEASE St. George’s, Newfoundland and Labrador – August 7, 2025 – Atlas Salt Inc. (“Atlas Salt” or the “Company”) (TSXV: SALT; OTCQB: REMRF) announces that it is actively supporting Memorial University of Newfoundland (“Memorial University”) researchers with their Passive Array for Critical Minerals on the Island of Newfoundland (“PACMIN”) to help to better understand the geological structures and the plate-tectonic processes that assembled the island hundreds of millions of years ago. PACMIN is a joint initiative between Memorial University, Université du Québec à Montréal, and Yale University, with financial and in-kind support from Natural Resources Canada and select business partners. It has deployed a new network of 22 seismograph stations across Newfoundland to record ground vibrations and use these signals to image the internal structure of the Earth beneath Newfoundland. […]

Atlas Salt Receives Letters of Interest for Great Atlantic Salt Project Financing and Provides Financing Update

Atlas Salt Receives Letters of Interest for Great Atlantic Salt Project Financing and Provides Financing Update FOR IMMEDIATE RELEASE St. George’s, Newfoundland and Labrador – July 22, 2025 – Atlas Salt Inc. (“Atlas Salt” or the “Company”) (TSXV: SALT; OTCQB: REMRF) announces that its project financing advisor, Endeavour Financial, has received signed letters of interest (“LOIs”) from potential debt financers for the Company’s Great Atlantic Salt Project (the “GAS Project”). This includes LOIs from export credit agencies, signaling early support for the GAS Project’s financing framework and a willingness and desire to work with Atlas Salt and Endeavour Financial toward securing project financing. In accordance with confidentiality agreements and for competitive reasons, the identities of these interested parties will remain undisclosed at this time.  Nolan Peterson, CEO of Atlas Salt stated: “Receiving the LOIs from the export credit agencies marks a significant step forward in our ongoing financing efforts with […]

Government of Newfoundland and Labrador Approves Early Works Development Plan for the Great Atlantic Salt Project

Government of Newfoundland and Labrador Approves Early Works Development Plan for the Great Atlantic Salt Project   FOR IMMEDIATE RELEASE  St. John’s, Newfoundland and Labrador – July 10, 2025 – Atlas Salt Inc. (“Atlas Salt” or the “Company”) (TSXV: SALT; OTCQB: REMRF) announces that the Minister of the Department of Industry, Energy and Technology (“IET”) for Newfoundland and Labrador has formally approved the Early Works Mine Development, Rehabilitation and Closure Plan (the “Early Works Development Plan”) for the Great Atlantic Salt Project (the “Project”). Nolan Peterson, CEO of Atlas Salt, stated: “The approval of the Early Works Development Plan marks a pivotal step for the Great Atlantic Salt Project, officially transitioning it to shovel ready. This milestone is a further reflection of our ability to effectively collaborate with local stakeholders to move our objectives forward. With a clearly permitted route, we are positioned for expedited procurement and mobilization. Our structured […]

Atlas Salt is Advancing the Great Atlantic Salt Project with an Updated Feasibility Study

Atlas Salt is Advancing the Great Atlantic Salt Project with an Updated Feasibility Study St. John’s, Newfoundland and Labrador – June 9, 2025 – Atlas Salt Inc. (“Atlas Salt” or the “Company”} (TSXV: SALT; OTCQB: REM RF} is advancing an Updated Feasibility Study (the “UFS” or “FUS”) for the Great Atlantic Salt Project (the “Project”) in Newfoundland and Labrador, Canada. Building on the Feasibility Study completed in 2023, this UFS will incorporate significant advancements and optimizations to enhance the Project’s development strategy. The UFS will focus on optimizing the production rate while balancing capital expenditure, refining mine planning parameters, and integrating recently completed technical studies to improve operational efficiency and economic outcomes;with the ultimate objective of supporting ongoing financing activities. Key Objectives of the Updated Feasibility Study Production Optimization: Assessment of an increased, optimized production rate taking into consideration mine design, throughput capabilities, and market alignment. Refined Mine Plan and […]

Atlas Salt Welcomes New Executive Management Team.

Atlas Salt Welcomes New Executive Management Team.   St. John’s, Newfoundland and Labrador, June 03, 2025– Atlas Salt (the “Company” or “Atlas” – TSXV: SALT; OTCQB: REMRF) announces the appointment of Mr. Nolan K. Peterson, MBA, CFA, P.Eng. as Chief Executive Officer and Director of the Company and Mr. Jeffrey Kilborn, CMC as Chief Financial Officer, Corporate Secretary and VP Corporate Development, effective June 9, 2025. Mr. Alasdair Federico has resigned from his position as Chief Financial Officer effective June 9 and will provide transitional consulting services as needed. The Company sincerely thanks Mr. Federico for his professional service and thoughtful contributions to the Company through the permitting and preconstruction phase. Mr. Peterson joins the Company with an impressive technical and management background indicative of his capabilities and keen business acumen. Nolan Peterson Career Highlights include: Over 20 years experience in the mining sector; spanning development, operations and finance including […]

Atlas Salt Appoints Andrew Smith, P.Eng., ICD.D as Project Director & General Manager

Atlas Salt Appoints Andrew Smith, P.Eng., ICD.D as Project Director & General Manager St. John’s, Newfoundland and Labrador – May 7, 2025 -Atlas Salt Inc. (“Atlas Salt” or the “Company”) (TSXV: SALT; OTCQB: REMRF) is pleased to announce the appointment of Andrew Smith, P.Eng., ICD.D to the position of Project Director & General Manager for the Company’s flagship Great Atlantic Salt Project. Since joining Atlas Salt in 2023 as Mine Project Manager, Mr. Smith has played a pivotal role in advancing the Great Atlantic Salt Project through the successful completion of the environmental assessment process, geotechnical drilling and field data collection, and significant progress toward securing provincial regulatory approvals for early works construction. His leadership has been instrumental in establishing rigorous project controls and governance frameworks while driving key permitting, financing, and procurement initiatives. In this expanded role, Mr. Smith will lead the integrated delivery of the project, oversee execution […]

Atlas Salt Completes Geotechnical Drilling and In-Field Data Collection for Great Atlantic Salt Project

Atlas Salt Completes Geotechnical Drilling and In-Field Data Collection for Great Atlantic Salt Project   ST. JOHN’S, NL / ACCESS Newswire / April 14, 2025 / Atlas Salt Inc. (“Atlas Salt” or the “Company”) (TSXV:SALT)(OTCQB:REMRF) is pleased to announce the successful completion of the geotechnical drilling and in-field data collection phase of its Geotechnical Drilling and Investigation Program at the Great Atlantic Salt Project in western Newfoundland. Data analysis and reporting activities remain underway, with final results anticipated in Q3 2025. Geotechnical Drilling and Investigation Program Milestones Completion of Fieldwork: The Company has finalized all drilling and in-field geotechnical data acquisition along the proposed decline path, gathering critical information on rock quality, structural conditions, and groundwater characteristics. Data Analysis: The evaluation of core samples, core logging and hydrogeological data has commenced and will continue over the coming months. A geotechnical and hydrogeological report will guide the next stages of detailed design and construction. Risk, Safety […]

Atlas Salt Appoints New Director

Atlas Salt Appoints New Director   ST. JOHN’S, NL / ACCESS Newswire / March 31, 2025 / Atlas Salt Inc. (the “Company” or “Atlas Salt” – (TSXV:SALT)(OTCQB:REMRF) announces that Mr. Marc Boissonneault has resigned as a director. The Company has appointed Mr. Bob Kelly to the Board of Directors. The Company wishes to thank Marc for his thoughtful contributions and wishes him continued success in his future endeavors. Mr. Kelly is a seasoned mining professional with 40 years of comprehensive senior management experience. Highlights of his career include being former Vice President of Teck Resources Limited. He was responsible for all aspects of Health and Safety Leadership across Teck’s operating sites, projects, exploration sites and office locations encompassing both employees and contractors. Prior to that he was General Manager for Teck’s Duck Pond Operations in central Newfoundland which included underground base metal mining utilizing ramp access as well as open pit extraction. At the […]

Atlas Salt Provides Comprehensive Development Update on Great Atlantic Salt Project

Atlas Salt Provides Comprehensive Development Update on Great Atlantic Salt Project   St. John’s, Newfoundland and Labrador March 28, 2025 – Atlas Salt Inc. (“Atlas Salt” or the “Company”) (TSXV: SALT; OTCQB: REMRF is pleased to provide an update on key workstreams advancing the Great Atlantic Salt Project (the “Project”). Building on the Company’s momentum, Atlas Salt is making meaningful progress on multiple fronts, including its geotechnical and hydrogeological drilling program, project execution planning, ongoing permitting efforts, and progress related to project financing. Project Financing with Endeavour Financing Discussions Progressing: Atlas Salt continues to hold regular, productive discussions with Endeavour Financial and interested financiers as part of establishing a robust financial structure for the Project. Comprehensive Strategy: The Company is assessing a balanced approach of both debt and equity to best position the Project for accelerated development and to reduce overall risk. Engineering & Mine Plan Updates Lead Engineering and Material […]

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