Atlas Salt Secures Property for Mine Infrastructure
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 Secures Property for Mine Infrastructure
St. John's, Newfoundland and Labrador – September 6, 2024 - Atlas Salt Inc. (“Atlas
Salt” or the “Company”) (TSXV: SALT; OTCQB: REMRF) is pleased to announce that it
has purchased certain parcels of land for the Great Atlantic Salt Project (the “Project”).
The parcels are privately held vacant lots comprising in aggregate approximately 100
hectares, of which Atlas Salt intends to develop only a small portion, leaving the
remaining area as an undisturbed buffer around the mine site . The parcels include
the areas required for the boxcut and mine portals . With the purchase of these
parcels, Atlas Salt has secured the key surface rights required for mine site
construction and , ultimately, production. The purchase supports the Company’s
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.
TSXV: SALT
100 New Gower Street, Suite 910
St. John’s, NL A1C 6K3
Telephone: (709) 739-9545
AtlasSalt.com
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”, “e stimates”, “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 assurance that such statements will
prove to be accurate, and actual results and fut ure 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 achievem ents 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 forward- looking statements and information
contained in this news release concer ning 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.