Atomic Minerals Closes Second Tranche of Private Placement
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For Immediate Release
PRESS RELEASE
September 23, 2024
Symbol: TSX-V: ATOM
Atomic Minerals Closes Second Tranche of Private
Placement
Vancouver, British Columbia, September 23, 2024 – Atomic Minerals Corporation ("ATOMIC
MINERALS" or the "Company") (TSX Venture: ATOM) further to its news release on July 31st,
2024 and September 9th, 2024 wherein the Company announced its Private Placement Offering and
closing of a first tranche, on July 31, 2024, the Company is pleased to announce that it has received
TSX-V approval to close the second and final tranche of 2,100,000 Units at $0.05 per Unit for proceeds
of up to $105,000 (the “Second Tranche”).
The first and second tranche consists of 3,550,000 Units ("Units") at $0.05 per Unit for gross proceeds
of $177,500 (the “Offering”).
Each Unit consists of one Common Share and one transferrable Common Share purchase warrant (the
“Warrant”). Each Warrant shall entitle the holder to purchase one Common Share at an exercise price
of $0.10 per Common Share for a period of two (2) years following the date of closing.
The Company closed the first tranche of the Offering on July 31, 2024, and issued 1,450,000 Units at
$0.05 per Unit for gross proceeds of $72,500 (“First Tranche”). The First Tranche Warrants expire on
July 31, 2026. Pursuant to the applicable statutory hold period, all securities issued pursuant to the First
Tranche may not be transferred or sold until December 1, 2024. 8% Finder’s fees were paid in the form
of cash and warrants on a portion of the First Tranche totaling $4,800 and 96,000 non -transferable
finder’s warrants. The finder’s warrants entitle the holders to purchase one Common Share in the capital
of the Company at an exercise price between $0.05 and $0.10 per Common Share for a period of two
(2) years expiring on July 31, 2026.
The Company closed the Second Tranche of the Offering and has issued 2,100,000 Units at $0.05 per
Unit for gross proceeds of $105,000. The Second Tranche Warrants expire on September 23, 2026.
Pursuant to the applicable statutory hold period, all securities issued pursuant to the Second Tranche
may not be transferred or sold until January 24, 2025.
Finder’s fees were paid in the form of cash and warrants on a portion of the Second Tranche totaling
$4,000 and 80,000 non-transferable finder’s warrants. The finder’s warrants entitle the holders to
purchase one Common share at an exercise price of $0.10 per Common Share for a period of two (2)
years expiring September 23, 2026.
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:
(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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