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ATOM.V ·

Atomic Minerals Concludes Debt Settlement Transaction

Share Capital & Compensation

Atomic Minerals Corporation | 830 -1100 Melville Street | Vancouver, BC | V6E 4A6 | Telephone: (604) 644-6794

www.atomicminerals.ca

For Immediate Release

PRESS RELEASE July 27, 2023

Symbol: TSX-V: ATOM

Atomic Minerals Concludes Debt Settlement Transaction

Vancouver, British Columbia, July 27, 2023 –Atomic Minerals Corporation ("ATOMIC

MINERALS" or the "Company") (TSX Venture: ATOM) Further to its news release on July 14,

2023, the Company has received TSX Venture Exchange approval for a debt settlement agreement with

an arm’s length third party.

The Company has allotted and issued an aggregate of 6,000,000 common shares in the capital of the

Company (each, a “Share”) at a deemed price of $0.05 per Share, to settle a total indebtedness of

CAD$300,000 (the "Transaction”).

The Company resolved to extinguish the outstanding indebtedness with Shares and preserve its cash for

operations. All Shares issued pursuant to the Transaction are subject to a four-month and one-day hold

period expiring on November 28, 2023.

About the Company

Atomic Minerals is a Vancouver based publicly listed uranium exploration company trading on the TSX

Venture Exchange, with current assets in Saskatchewan’s Athabasca Basin and the Four Corners region

of the southwest United States. The Company is led by a highly skilled management and technical team

with numerous previous successes in the junior mining sector.

For additional information, please visit the Company's website at www.atomicminerals.ca

ON BEHALF OF THE BOARD OF DIRECTORS

“Clive Massey”

Clive H. Massey

President & CEO

For further information, please contact:

Dave Langlais

5105-(778) 316

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.

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Atomic Minerals Corporation | 830 -1100 Melville Street | Vancouver, BC | V6E 4A6 | Telephone: (604) 644-6794

www.atomicminerals.ca

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 th ese forward-looking

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

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