Atlas SALT Announces Security Based Compensation Grant
TSXV: SALT
333 Duckworth Street, St. John's
NL, A1C 1G9
Telephone: (709) 754-3186
Fax: (709) 754-3946
AtlasSalt.com
ATLAS SALT ANNOUNCES SECURITY BASED
COMPENSATION GRANT
St. John’s, Newfoundland and Labrador, September 12, 2023 – Atlas Salt (the “Company” or
“Atlas” - TSXV: SALT; OTCQB: REMRF; FSE: 9D00) , owner of North America’s premier
undeveloped salt project on the west coast of Newfoundland, announces that the Company’s board of
directors has approved the grant of 890,000 restricted share units and 1,560,000 performance share
units to certain directors and officers of the Company. All security based compensation was granted
pursuant to the Company’s Equity Incentive Plan and are subject to shareholder approval, the terms
of the applicable grant agreements and the requirements of the TSX Venture Exchange.
About Atlas Salt
Bringing the Power of SALT to Investors : Atlas Salt owns 100% of the Great Atlantic salt deposit
strategically located in western Newfoundland in the middle of the robust eastern North America road
salt market. The project features a large homogeneous high-grade deposit located next to a deep-water
port. Atlas is also the largest shareholder in Triple Point Resources as it pursues development of the
Fischell’s Brook Salt Dome approximately 15 kilometers south of Great Atlantic in the heart of an
emerging Clean Energy Hub.
We seek Safe Harbor.
For information, please contact:
Rick LaBelle, CEO
(709) 754-3186
MarketSmart Communications Inc.
Adrian Sydenham
Toll-free: 1-877-261-4466
Cautionary Statement
Neither the TSX Venture Exchange nor its Regulation Services Provider, (as the term is defined in the Policies of the TSX Ven ture
Exchange) accepts responsibility for the adequacy 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, other 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, identified by words such as "expects", "anticipates", "believes", "intends", "e stimates", "potential",
"possible", and similar expressions, or statements that events, conditions, or results "will", "may", "could", or "should" oc cur or be
achieved. Forward -looking statements in this press release relate to, among other things: complet ion, delivery and timing of the
referenced assessments and analysis. Actual future results may differ materially. There can be no assurance that such stateme nts will
prove to be accurate, and actual results and future events could differ materially from th ose anticipated in such statements. Forward -
looking statements reflect the beliefs, opinions and projections on the date the statements are made and are based upon a num ber 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 actua l
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 the refere nced assessments and
analysis. Readers should not place undue reliance on the forward -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.