Atlas SALT Nears Feasibility Study FOR Great Atlantic SALT Project
TSXV: SALT
333 Duckworth Street, St. John's
NL, A1C 1G9
Telephone: (709) 754-3186
Fax: (709) 754-3946
AtlasSalt.com
ATLAS SALT NEARS FEASIBILITY STUDY FOR
GREAT ATLANTIC SALT PROJECT
St. John’s, Newfoundland and Labrador, July 24, 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, is pleased to report that it expects to receive the independent Feasibility Study for the
Great Atlantic Project from SLR Consulting (Canada) Ltd. by mid-August 2023.
Mr. Rowland Howe, Atlas President, commented: “This will be the first Feasibility Study for a project such as this
in North America in many years, which underscores how unique Great Atlantic is. More than 30 years in this
business has demonstrated to me that this is a highly advantaged asset with the potential to become a globally
leading high-grade salt mine of the 21st century.”
Mr. Howe added, “I’m also pleased to report significant progress in our CEO search with an important
announcement expected with regard to this ahead of our Feasibility Study.”
Corporate Video
For the latest SALT corporate video, visit the Atlas website at www.AtlasSalt.com or click on the following URL:
https://www.youtube.com/watch?v=UsgbMY6Jy24
Great Atlantic Project Map
Corporate Presentation
To view the latest Atlas Salt Corporate Presentation, visit the Company’s website or click on the following URL:
https://atlassalt.com/AtlasSalt_June25_2023.pdf
Qualified Person
Patrick J. Laracy, P.Geo, and CEO, is the Qualified Person responsible for the technical contents of this news
release as defined in National Instrument 43-101.
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 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
approximately 15 kilometers south of Great Atlantic in the heart of an emerging Clean Energy Hub.
We seek Safe Harbor.
For information, please contact:
Patrick J. Laracy, CEO
(709) 754-3186
MarketSmart Communications Inc.
Adrian Sydenham
Toll-free: 1-877-261-4466
Email: info@marketsmart
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 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", "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 the
referenced assessments and analysis. Actual future results may differ materially. There can be no assurance 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 are 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 the referenced 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.