Atlas Salt Signs Memorandum of Understanding with Continental Conveyor for Material Handling Systems at the Great Atlantic Salt Project ST. GEORGE'S NEWFOUNDLAND AND LABRADOR / ACCESS Newswire /
Atlas Salt Signs Memorandum of Understanding with Continental Conveyor for
Material Handling Systems at the Great Atlantic Salt Project
ST. GEORGE'S NEWFOUNDLAND AND LABRADOR / ACCESS Newswire / October 29,
2025 / Atlas Salt Inc. ("Atlas Salt" or the "Company") (TSXV:SALT)(OTCQB:REMRF)
announces the signing of a comprehensive non-binding Memorandum of Understanding
("MOU") with Continental Conveyor ("Continental"). This agreement establishes
Continental as the Integrated Project Delivery ("IPD") Partner responsible for the design and
supply of the material handling conveyor systems at the Great Atlantic Salt Project (the
"Project").
Continental brings over 60 years of expertise in delivering heavy-duty bulk material
handling systems across mining, ports, cement, and smelting industries. With established
Canadian manufacturing operations in Quebec and Ontario, Continental will supply the
complete conveyor package for the Great Atlantic Salt Project, spanning underground
crushing systems through surface storage and overland conveyors to the port at Turf Point.
Key Elements of the Partnership
• Comprehensive Scope: Continental will supply the full conveyor system for the
Project, including 28 belt conveyors and head chutes covering underground,
surface, overland, and port operations.
• Integrated Project Delivery: As an IPD partner, Continental will work alongside Atlas
Salt and other IPD firms to integrate equipment design, risk management, and
project controls into a unified execution plan.
• Proven Bulk Material Handling Expertise: With a global track record in mining and
resource industries, Continental's systems have been deployed in harsh operating
environments worldwide, including potash, gold, coal, and port facilities.
• Canadian Manufacturing and Support: With facilities in Thetford Mines, QC and
Napanee, ON, Continental offers local engineering, fabrication, and service
capabilities to support timely delivery and long-term operational reliability.
• Safety and Reliability: Continental applies established safety programs and robust
manufacturing practices to deliver reliable, long-life conveyor systems that meet the
demanding requirements of Canadian mining projects.
Nolan Peterson, CEO of Atlas Salt, stated, "The selection of Continental Conveyor as our
IPD partner for material handling represents another critical milestone for the Great
Atlantic Salt Project. Their proven expertise, Canadian manufacturing base, and ability to
deliver complete conveyor systems from underground to port provides Atlas Salt with the
confidence to execute this core element of the Project with safety and certainty. "
Brian Lynn, Vice President of Continental Conveyor, added, "We are proud to partner with
Atlas Salt on this landmark Canadian mining project. With our extensive experience in bulk
material handling and our integrated manufacturing facilities, we are committed to
providing a complete, reliable, and efficient conveyor solution for the Great Atlantic Salt
Project. "
For further information and ongoing updates, please visit https://atlassalt.com.
The scientific and technical information contained in this news release has been approved
by Andrew Smith, P .Eng., ICD.D, Project Director and General Manager, who is a "Qualified
Person" for the purposes of NI 43-101.
About Continental Conveyor
Founded in 1963, Continental Conveyor is a Canadian manufacturer of bulk material
handling equipment with facilities in Quebec and Ontario. The company designs and
supplies complete conveyor systems, feeders, reclaimers, stackers, and associated
equipment to industries including mining, smelting, cement, ports, and power generation.
With over 220 employees and decades of global experience, Continental is recognized for
delivering robust, engineered solutions in demanding environments.
About Atlas Salt
Atlas Salt 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:
Jeff Kilborn, CFO & VP Corporate Development
(709) 275-2009
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 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: obtaining financing, 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 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 required permits, supply arrangements and financing. 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.
SOURCE: Atlas Salt