Atlas SALT Issues Stock Options
TSXV: SALT
333 Duckworth Street, St. John's
NL, A1C 1G9
Telephone: (709) 754-3186
Fax: (709) 754-3946
AtlasSalt.com
ATLAS SALT ISSUES STOCK OPTIONS
St. John’s, Newfoundland and Labrador, November 3, 2022 – Atlas Salt Inc. (TSXV: SALT)
(OTCQB: REMRF) (“Atlas Salt”) announces that it has authorized the grant of 1,125,000 Directors’
and Officers’ stock options and 650,000 employee and consultant stock options , all exercisable at
$2.35 per share for variable terms and vesting periods consistent with the Company’s stock option
plan and subject to TSXV Stock Exchang e approval. The Company has reserved 8, 761,564 listed
shares for issuance under its stock option plan, of which 6,475,000 options have been issued prior to
the current issue.
About Atlas Salt
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 resource located immediately 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 in
the heart of an emerging Clean Energy Hub on the west coast of Newfoundland.
For information with respect to Atlas Salt, please contact:
Patrick J. Laracy, CEO
(709) 754-3186
MarketSmart Communications Inc.
Adrian Sydenham
Toll-free: 1-877-261-4466
Email: [email protected]
Forward-Looking Statements
Certain information contained herein constitutes forward-looking information or statements ("forward looking statements")
under applicable securities legislation and rules. Generally, forward-looking information can be identified by the use of
forward-looking terminology such as “will be”, or variations of such words and phrases or statements that certain actions,
events or results “will” occur. All statements within, other than statements of historical fact, are to be considered forward
looking. Although t he Company 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 or developments may
differ materially from those in forward -looking statements. There can be no assurances that such statements will prove
accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any
obligation to update any forward-looking statements except as required under the applicable laws.
TSX Venture Exchange Disclaimer
Neither the TSX Venture Exchange nor its 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.