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ATOM.V ·

Atomic Minerals Announces Private Placements of Flow-Through and Non- Flow-Through Units

Financings

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For Immediate Release

PRESS RELEASE

November 15, 2024

Symbol: TSX-V: ATOM

ATOMIC MINERALS ANNOUNCES PRIVATE

PLACEMENTS OF FLOW-THROUGH AND NON-

FLOW-THROUGH UNITS

Vancouver, British Columbia, November 15, 2024 – Atomic Minerals Corporation ("ATOMIC

MINERALS" or the "Company") (TSX Venture: ATOM) announces a non-brokered private

placement financing of up to 34,000,000 non-flow-through units (“NFT Units”) at $0.05 per NFT Unit

for gross proceeds of up to $1,700,000 (the “NFT Private Placement”) and a non-brokered private

placement financing of up to 13,333,333 flow-through units. (“FT Units”) at $0.06 per FT Unit for gross

proceeds of up to $800,000 (the “FT Private Placement”).

Each NFT Unit consists of one common share and one transferable warrant. Each warrant (a

“Warrant”) is exercisable into one common share at $0.10 per common share for 2 years from closing.

Each FT Unit consists of one flow-through common share (a “FT Share”) and one transferrable

Warrant. Each Warrant is exercisable into one non-flow-through common share at $0.10 per common

share for 2 years from closing. Each FT Share is expected to qualify as a “flow-through share” as defined

in s. 66(15) of the Income Tax Act (Canada).

The Private Placements may be closed in one or more tranches subject to conditional approval from the

TSX Venture Exchange

8% Finder’s fees may be payable in cash, warrants and common shares of the Company or a combination

thereof.

The entire gross proceeds from the issue and sale of the FT Units, excluding Warrant proceeds, will be

used for Canadian exploration and development of the Company's projects in Saskatchewan and the

proceeds from the issue and sale of NFT Units will be used for general working capital purposes.

The securities described herein have not been, and will not be, registered under the United States

Securities Act of 1933, as amended (the “ U.S. Securities Act”), or any state securities laws, and

accordingly may not be offered or sold within the United States except in compliance with the

registration requirements of the U.S. Securities Act and applicable state securities requirements or

pursuant to exemptions therefrom. This press release does not constitute an offer to sell or a solicitation

to buy any securities in any jurisdiction.

About the Company

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Atomic Minerals Corp. is a publicly listed exploration company on the TSX Venture Exchange, trading

under the symbol ATOM, led by a highly skilled management and technical team with a proven track

record in the junior mining sector. Atomic Minerals’ objective is to identify exploration opportunities in

regions that have been previously overlooked but are geologically similar to those with previous uranium

discoveries. These underexplored areas hold immense potential and are in stable geopolitical and

economic environments.

Atomic Minerals’ property portfolio contains uranium projects in three locations within North America,

all of which have significant technical merit and or are known for hosting uranium production in the

past. Three of the properties are located on the Colorado Plateau, an area which has previously produced

597 million pounds of U3O8; Three others are in the prolific Athabasca Basin region and nine uranium

projects are located Northern Saskatchewan, encompassing a total exploration area of 6,495 hectares.

For additional information about the Company and its projects, please visit our website at

www.atomicminerals.ca

ON BEHALF OF THE BOARD OF DIRECTORS

“Clive Massey”

Clive H. Massey

President & CEO

For further information, please contact:

[email protected]

(604) 341-6870

Neither TSX Venture Exchange nor their Regulation Services Provider (as that term is defined in the policies of

the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements:

This news release contains certain statements that may be deemed "forward -looking" statements. Forward

looking statements are statements that are not historical facts and are generally, but not always, identified by

the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and

similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although

Atomic Minerals Corporation believes the expectations expressed in such forward-looking statements are based

on reasonable assumptions, such statements are not guarantees of future performance and actual results may

differ materially from those in forward looking statements. Forward-looking statements are based on the beliefs,

estimates and opinions of Atomic Minerals Corporation management on the date the statements are made.

Except as required by law, Atomic Minerals Corporation undertakes no obligation to update these forward-

looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.

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