Category: Featured News

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Atlas Salt Signs Strategic MOU with Hatch as Lead Engineering and IPD Partner for the Great Atlantic Salt Project

Atlas Salt Announces Filing of NI 43-101 Technical Report for the Updated Feasibility Study of its
Great Atlantic Salt Project FOR IMMEDIATE RELEASE  St. George’s, Newfoundland and Labrador – November 12, 2025 – Atlas Salt Inc. (“Atlas Salt” or the “Company”) (TSXV: SALT; OTCQB: REMRF; FRA:9D00) announces that it has signed a comprehensive non-binding Memorandum of Understanding (“MOU”) with Hatch Ltd. (“Hatch”) establishing Hatch as the Lead Engineering Partner and Integrated Project Delivery (“IPD”) Partner for the Great Atlantic Salt Project (the “Project”). Hatch brings over seven decades of global experience designing and delivering some of the world’s largest underground soft-rock mines and has a strong presence in Newfoundland and Labrador. Their mandate within the Project is to integrate all engineering disciplines under an IPD framework, aligning safety, design efficiency, and execution certainty with Atlas Salt’s development strategy. Key Elements of the Partnership Safety and Sustainability Leadership: Hatch’s “No Harm” approach to […]

Atlas Salt Announces Filing of NI 43-101 Technical Report for the Updated Feasibility Study of its
 Great Atlantic Salt Project

Atlas Salt Announces Filing of NI 43-101 Technical Report for the Updated Feasibility Study of its
Great Atlantic Salt Project FOR IMMEDIATE RELEASE St. George’s, Newfoundland and Labrador – November 6, 2025 – Atlas Salt Inc. (“Atlas Salt” or the “Company”) (TSXV: SALT; OTCQB: REMRF; FRA:9D00) announces that the Company has filed on SEDAR+ an independent technical report (the “Report”) to present the results of an Updated Feasibility Study prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”) in respect of its Great Atlantic Salt Project. There are no material differences in the Report from those results disclosed in the Company’s news release dated September 30, 2025. The Report is dated November 5, 2025, with an effective date of September 30, 2025. The Report was prepared by SLR Consulting (Canada) Ltd. (“SLR”), with contributions from specialized engineering and technical partners including Shaft and Tunnel Consulting […]

Atlas Salt Signs Memorandum of Understanding with Continental Conveyor for Material Handling Systems at the Great Atlantic Salt Project

Atlas Salt Signs Memorandum of Understanding with Continental Conveyor for Material Handling Systemsat the Great Atlantic Salt Project FOR IMMEDIATE RELEASE St. George’s, Newfoundland and Labrador – October 29, 2025 – Atlas Salt Inc. (“Atlas Salt” or the “Company”) (TSXV: SALT; OTCQB: REMRF; FRA:9D00) announces the signing of a comprehensive non-binding Memorandum of Understanding (“MOU”) with Continental Conveyor (“Continental”). This agreement establishes Continental as the Integrated Project Delivery (“IPD”) Partner responsible for the design and supply of the material handling conveyor systems at the Great Atlantic Salt Project (the “Project”). Continental brings over 60 years of expertise in delivering heavy-duty bulk material handling systems across mining, ports, cement, and smelting industries. With established Canadian manufacturing operations in Quebec and Ontario, Continental will supply the complete conveyor package for the Great Atlantic Salt Project, spanning underground crushing systems through surface storage and overland conveyors to the port at Turf Point. Key […]

Atlas Salt Announces Closing of Brokered LIFE Private Placement and Participation of Strategic Investor

Atlas Salt Announces Closing of Brokered LIFE Private Placement and Participation of Strategic Investor FOR IMMEDIATE RELEASE THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES St. George’s, Newfoundland and Labrador – October 21, 2025 – Atlas Salt Inc. (“Atlas Salt” or the “Company”) (TSXV: SALT; OTCQB: REMRF; FRA:9D00) announces that it has closed its brokered private placement financing (the “Offering”) previously announced on October 14, 2025, raising gross proceeds of $8,704,400. Under the Offering, 10,880,500 common shares of the Company (“Common Shares”) at a price of $0.80 per Common Share (the “Offering Price”) were issued pursuant to National Instrument 45-106 Prospectus Exemptions (“NI 45-106”) in accordance with Part 5A of NI 45-106, as amended by the Canadian Securities Administrators’ Coordinated Blanket Order 45-935 Exemptions from Certain Conditions of the Listed Issuer Financing Exemption (the “Listed Issuer Financing Exemption”). The Common […]

Atlas Salt Announces LIFE Private Placement Targeting Gross Proceeds of up to $8 Million

Atlas Salt Announces LIFE Private Placement Targeting Gross Proceeds of up to $8 Million  FOR IMMEDIATE RELEASE THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES St. George’s, Newfoundland and Labrador – October 14, 2025 – Atlas Salt Inc. (“Atlas Salt” or the “Company”) (TSXV: SALT; OTCQB: REMRF; FRA:9D00) announces that it has entered into an agreement with Raymond James Ltd. and Ventum Financial Corp. (collectively, the “Agents”), to act as co-leads and joint bookrunners, in connection with a commercially reasonable efforts private placement offering for up to 10,000,000 common shares of the Company (“Common Shares”) at a price of $0.80 per Common Share (“Offering Price”) for aggregate gross proceeds of up to $8,000,000 (the “Offering”). The Company has also granted the Agents an option (the “Agents’ Option”) to sell up to an additional 1,500,000 Common Shares for additional gross proceeds […]

Atlas Salt Announces Updated Feasibility Study with Enhanced Results for the Great Atlantic Salt Project;$920M Post-Tax NPV8 and 21.3% Post-Tax IRR

Atlas Salt Announces Updated Feasibility Study with Enhanced Results for the Great Atlantic Salt Project;$920M Post-Tax NPV8 and 21.3% Post-Tax IRR 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 results of its Updated Feasibility Study (“UFS”) on the 100%-owned Great Atlantic Salt Project (“Great Atlantic” or the “Project”) located in Western Newfoundland. UFS Highlights(all figures are in Canadian dollars and include annual escalation, unless otherwise noted) Post-tax NPV8: $920 million, Post-tax IRR: 21.3%, Payback: 4.2 Years Pre-tax NPV8: $1.68 billion, Pre-tax IRR: 27.1% Pre-tax NPV5: $2.75 billion, Post-tax NPV5: $1.57 billion Initial Capital Cost: $589 million Life of Mine (“LOM”) Sustaining Capital: $609 million Average Annual LOM Operating Cashflow (EBITDA1) in Operations: $325 million per annum (“pa”) Average Annual LOM Post-Tax Free Cashflow in Operation: $188 million pa Total Undiscounted Post-Tax […]

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 […]

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