Category: Featured News

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Atlas Salt Announces Closing of $15 Million Bought Deal LIFE Offering

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 11, 2026 – Atlas Salt Inc. (“Atlas Salt” or the “Company”) (TSXV: SALT; OTCQX: SALQF; FRA: 9D00) is pleased to announce that it has closed its bought deal offering (the “Offering”) of common shares of the Company (the “Common Shares”) previously announced on May 31, 2026 and upsized on June 1, 2026, raising aggregate gross proceeds of C$15,153,600. Under the Offering, 12,628,000 Common Shares at a price of C$1.20 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 […]

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 […]

Atlas Salt Announces $10 Million Bought Deal LIFE Financing

Atlas Salt Announces $10 Million Bought Deal LIFE Financing 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 – May 31, 2026 – Atlas Salt Inc. (“Atlas Salt” or the “Company”) (TSXV: SALT; OTCQX: SALQF; FRA: 9D00) announces that it has entered into an agreement with Ventum Financial Corp. on behalf of itself and Raymond James Ltd., as co-lead underwriters and co-lead bookrunners (together, the “Underwriters”), pursuant to which the Underwriters have agreed to purchase, on a bought deal private placement basis, an aggregate of 8,333,400 common shares of the Company (“Common Shares”) at a price of $1.20 per Common Share (“Offering Price”) for aggregate gross proceeds of $10,000,080 (the “Offering”). The Company has also granted the Underwriters an option (the “Underwriter’s Option”) to purchase up to an additional 15% of the […]

Atlas Salt Closes $1.25 Million Flow-Through Financing

Atlas Salt Closes $1.25 Million Flow-Through Financing St. George’s, Newfoundland and Labrador – May 22, 2026 – Atlas Salt Inc. (“Atlas Salt” or the “Company”) (TSXV: SALT; OTCQX: SALQF; FRA: 9D00) announces that it that it has closed its previously announced non-brokered private placement financing (the “Offering”) consisting of 961,539 flow-through common shares of the Company (the “FT Shares”) at a price of $1.30 per FT Share for aggregate gross proceeds of $1,250,000. Each FT Share qualifies as a “flow-through share” for purposes of the Income Tax Act (Canada) (the “Tax Act”). The gross proceeds raised from the issuance of the FT Shares will be used by the Company to incur eligible “Canadian exploration expenses” that will qualify as “flow-through mining expenditures” as such terms are defined in the Tax Act to advance exploration on the nepheline discovery at its Black Bay Property in Southern Labrador. All securities issued pursuant […]

Atlas Salt Announces $1.25 Million Flow-Through Financing

Atlas Salt Announces $1.25 Million Flow-Through Financing St. George’s, Newfoundland and Labrador – May 15, 2026 – Atlas Salt Inc. (“Atlas Salt” or the “Company”) (TSXV: SALT; OTCQX: SALQF; FRA: 9D00) announces that it has arranged a non-brokered private placement (the “Offering) of  961,539 flow-through common shares of the Company (the “FT Shares”) at a price of $1.30 per FT Share for aggregate gross proceeds of  $1,250,000. Each FT Share will qualify as a “flow-through share” for purposes of the Income Tax Act (Canada) (the “Tax Act”). The gross proceeds raised from the issuance of the FT Shares will be used by the Company to incur eligible “Canadian exploration expenses” that will qualify as “flow-through mining expenditures” as such terms are defined in the Tax Act to advance exploration on the nepheline discovery at its Black Bay Property in Southern Labrador. Analysis by SGS Lakefield of a bulk sample from […]

Atlas Salt Commences Site Preparation Activities

Atlas Salt Commences Site Preparation Activities St. George’s, Newfoundland and Labrador – February 27, 2026 – Atlas Salt Inc. (“Atlas Salt” or the “Company”) (TSXV: SALT; OTCQX: SALQF; FRA: 9D00) announces that it has fulfilled the applicable Environmental Assessment (“EA”) conditions necessary to initiate Early Works for the Great Atlantic Salt Project (the “Project”), located near St. George’s, Newfoundland and Labrador. Commencement of Land Clearing and Site Preparation Activities The Company confirms that: The Early Works Development Plan and associated Environmental Management Plans have received approval from the Government of Newfoundland and Labrador, as previously disclosed. The Benefits Agreement between Atlas Salt and the Province of Newfoundland and Labrador has been approved by necessary provincial entities, including Cabinet, and has been executed. Atlas Salt has received a formal Letter of Release confirming satisfaction of the applicable Environmental Assessment conditions required to commence Early Works Phase activities. With these approvals and […]

Atlas Salt Expands Strategic MOU with Sandvik Mining Supporting $132 Million of Equipment and Services at Great Atlantic Salt Project

Atlas Salt Expands Strategic MOU with Sandvik Mining Supporting $132 Million of Equipment and Services at Great Atlantic Salt Project FOR IMMEDIATE RELEASE St. George’s, Newfoundland and Labrador – February 13, 2026 – Atlas Salt Inc. (“Atlas Salt” or the “Company”) (TSXV: SALT; OTCQX: SALQF; FRA: 9D00) announces an expansion of its strategic relationship with Sandvik Mining (“Sandvik”) in connection with the Updated Feasibility Study (“UFS”) for the Great Atlantic Salt Project (the “Project”), located near St. George’s, Newfoundland and Labrador. Building on the comprehensive non-binding Memorandum of Understanding (“MOU”) announced in September 2024, Atlas Salt and Sandvik have expanded the scope of the MOU to reflect the full construction and ramp-up requirements outlined in the UFS. The expanded scope contemplates Sandvik supplying underground mobile mining equipment, technology, and associated services, with vendor-supported financing for Sandvik capital equipment required during Project construction and the planned ramp-up to steady-state production of […]

Join the discussion with Nolan Peterson, CEO of Atlas Salt.

Join the discussion with Nolan Peterson, CEO of Atlas Salt. Join Nolan Peterson, CEO of Atlas Salt to discuss how the Great Atlantic Salt Project is North America’s premier undeveloped salt asset. Following the discussion he will be available for questions. Join Nolan today at 2 PM ET / 11 AM PT Register Now Nolan PetersonCEO at Atlas Salt An experienced MBA, Professional Engineer, PMP, and CFA Charterholder with over 20 years of experience in strategy, finance, corporate development and project development primarily within the mining, infrastructure and energy industries. With a financial and technical background Nolan specializes in developing and executing strategies for corporate growth. Nolan was a senior leader in the successful delivery of the New Afton ($750 million), Rainy River ($1B) and Hope Bay ($250M) mining projects in addition to extensive project development work with companies including Barrick, Newmont, Rio Tinto, and QuadraFNX.

Atlas Salt to Begin Trading on OTCQX Under the Symbol “SALQF”

Atlas Salt to Begin Trading on OTCQX Under the Symbol “SALQF”   FOR IMMEDIATE RELEASE  St. George’s, Newfoundland and Labrador – November 17, 2025 – Atlas Salt Inc. (“Atlas Salt” or the “Company”) (TSXV: SALT; OTCQX: SALQF) announces that, effective today, its shares will begin trading on OTCQX under the symbol “SALQF”.   Its shares had previously traded on the OTCQB Venture Market under the symbol “REMRF”.   The OTCQX Market is designed for established, investor-focused U.S. and international companies. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws. Graduating to the OTCQX Market marks an important milestone for companies, enabling them to demonstrate their qualifications and build visibility among U.S. investors. Nolan Peterson, CEO of Atlas Salt, commented, “Moving to the OTCQX Market is an important step in making Atlas Salt’s shares more accessible to a broader market […]

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 […]

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