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ATOM.V ·

Atomic Minerals Proceeds with 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 14, 2022

Symbol: TSX-V: ATOM

Atomic Minerals Proceeds with Debt Settlement Transaction

Vancouver, British Columbia, July 14, 2022 –Atomic Minerals Corporation ("ATOMIC

MINERALS" or the "Company") (TSX Venture: ATOM) announces that it has entered into debt

settlement agreement with an arm’s length third party of the Company, pursuant to which the Company

has agreed to issue an aggregate of 6,000,000 common shares (each, a “Share”) at a deemed price of

$0.05 per Share, to settle a total indebtedness of Cdn$300,000 (the "Transaction”).

The Company determined to satisfy this outstanding indebtedness with Shares to preserve its cash for

operations. The Transaction is subject to TSX Venture Exchange approval. All Shares issued pursuant

to the Transaction will be subject to a four-month and one-day hold period.

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.

Forward-Looking Statements:

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

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

www.atomicminerals.ca

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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