Atlas Salt Announces Publication of its Inaugural ESG Report - The Path to a Sustainable Legacy
TSXV: SALT
100 New Gower Street, Suite 910
St. John’s, NL A1C 6K3
Telephone: (709) 739-9545
AtlasSalt.com
FOR IMMEDIATE RELEASE
Atlas Salt Announces Publication of its Inaugural ESG Report - The Path to a
Sustainable Legacy
St. John's, Newfoundland and Labrador – August 15, 2024 - Atlas Salt Inc. (“Atlas
Salt” or the “Company”) (TSXV: SALT; OTCQB: REMRF) is pleased to announce the
publication of its inaugural Environmental, Social and Governance Report (“ESG
Report”) for its Great Atlantic Salt Project (the “Project”).
The ESG Report highlights Atlas Salt’s commitment to upholding core values of
environmental stewardship and community engagement while focusing on
innovative and sustainable mining.
Three core sustainability-related priorities are outlined in the ESG Report:
Maintaining Social License: We are building the social license to operate through
engagement right from the planning stage with all key partners for the Project, with
the goal of building long-term, mutually beneficial relationships.
Developing Market for Clean Salt: We know that demand for de-icing salt currently
outstrips domestic supply, so we are focused on identifying bulk and packaged
clients who value purchasing clean, low-carbon salt, and who will partner with us to
support our sustainable mining practices.
Minimizing Impact: Minimizing greenhouse gas (GHG) emissions and operating
sustainably are at the heart of our business. The salt that we will extract will be mined
with state-of-the-art electric equipment powered from the provincial grid, and if you
fly over the Project you will see that it will occupy very little surface area compared
to other mining operations.
Rick LaBelle, CEO, commented: “I’m excited to publish our inaugural ESG report. We
have been thoughtful and rigorous in our approach to stakeholder engagement and
ensuring that environmental impacts will be minimal. The management team at Atlas
truly understands and responds to the needs of Canada, our communities, and our
investors, showcasing our commitment to sustainability and responsible growth. We
are deploying an innovative design, pursuing sustainable long -term operating
TSXV: SALT
100 New Gower Street, Suite 910
St. John’s, NL A1C 6K3
Telephone: (709) 739-9545
AtlasSalt.com
practices and building on the unique characteristics of our home base in
Newfoundland and Labrador”.
Our Inaugural ESG Report sets out a detailed account of our annual performance in
the areas of health, safety, social and environmental matters. This report is intended
to provide information on Atlas Salt's strategies and practices in our approach to ESG
and to report on the sustainability practices of the Project. We will provide the North
American markets with de-icing salt that is cleanly extracted and has a minimal
transportation emission footprint to North American markets.
The ESG Report will support the Company’s current strategic discussions with various
parties, including potential sources of financing, allowing the Company to advance
the Project’s construction and unlocking shareholder value.
For further information and ongoing updates, please visit https://atlassalt.com/. A
copy of the ESG Report will be available for download on Atlas Salt’s website.
About Atlas Salt Inc.
Atlas Salt Inc. is developing Canada’s next salt mine and is committed to responsible
and sustainable mining practices . With a focus on innovation and efficiency, the
company is poised to make significant contributions to the North American salt
market while upholding its values of environmental stewardship and community
engagement.
For information, please contact:
Richard LaBelle, CEO
(709) 739-9545
We seek safe harbor.
Cautionary Statement
Neither the TSX Venture Exchange nor its Regulation Services Provider, (as the term is
defined in the Policies of the TSX Venture Exchange) accepts responsibility for the adequacy
TSXV: SALT
100 New Gower Street, Suite 910
St. John’s, NL A1C 6K3
Telephone: (709) 739-9545
AtlasSalt.com
or accuracy of this release. This press release includes certain “forward -looking
information” and “forward-looking statements” (collectively “forward-looking statements”)
within the meaning of applicable Canadian securities legislation. All statements, ot her
than statements of historical fact, included herein, without limitation, statements relating
to the future operating or financial performance of the Company, are forward -looking
statements. Forward -looking statements are frequently, but not always, ide ntified by
words such as “expects”, “anticipates”, “believes”, “intends”, “estimates”, “potential”,
“possible”, and similar expressions, or statements that events, conditions, or results “will”,
“may”, “could”, or “should” occur or be achieved. Forward-looking statements in this press
release relate to, among other things: completion, delivery and timing of project
components and requirements, and analysis and assumptions related thereto. Actual
future results may differ materially. There can be no assuranc e that such statements will
prove to be accurate, and actual results and future events could differ materially from
those anticipated in such statements. Forward -looking statements reflect the beliefs,
opinions and projections on the date the statements ar e made and are based upon a
number of assumptions and estimates that, while considered reasonable by the respective
parties, are inherently subject to significant business, technical, economic, and
competitive uncertainties and contingencies. Many factors, both known and unknown,
could cause actual results, performance or achievements to be materially different from
the results, performance or achievements that are or may be expressed or implied by such
forward-looking statements and the parties have made assumptions and estimates based
on or related to many of these factors. Such factors include, without limitation: the timing,
completion and delivery of required permits, supply arrangements and financing. Readers
should not place undue reliance on the forw ard-looking statements and information
contained in this news release concerning these times. Except as required by law, the
Company does not assume any obligation to update the forward -looking statements of
beliefs, opinions, projections, or other factors, should they change, except as required by
law.