Atlas Salt Signs Strategic MOU with Hatch as Lead Engineering and IPD Partner for the Great Atlantic Salt Project ST.
Atlas Salt Signs Strategic MOU with Hatch as Lead Engineering
and IPD Partner for the Great Atlantic Salt Project
ST. GEORGE'S, NEWFOUNDLAND AND LABRADOR / ACCESS Newswire / November
12, 2025 / Atlas Salt Inc. ("Atlas Salt" or the "Company")
(TSXV:SALT)(OTCQB:REMRF) announces that it has signed a comprehensive non-binding
Memorandum of Understanding ("MOU") with Hatch Ltd. ("Hatch") establishing Hatch as the
Lead Engineering Partner and Integrated Project Delivery ("IPD") Partner for the Great Atlantic
Salt Project (the "Project").
Hatch brings over seven decades of global experience designing and delivering some of the
world's largest underground soft-rock mines and has a strong presence in Newfoundland and
Labrador. Their mandate within the Project is to integrate all engineering disciplines under an
IPD framework, aligning safety, design efficiency, and execution certainty with Atlas Salt's
development strategy.
Key Elements of the Partnership
• Safety and Sustainability Leadership: Hatch's "No Harm" approach to project delivery
emphasizes safety-in-design and environmental stewardship, ensuring that health, safety,
and environmental performance are prioritized from concept through operations.
• Integrated Project Delivery: As a full IPD partner, Hatch will collaborate closely with
Atlas Salt and other IPD firms to deliver coordinated engineering, risk management, and
project controls, reducing execution risks and driving efficient decision-making.
• Digital Engineering and Project Tools: Hatch will apply advanced digital design systems
and information management platforms to streamline engineering, procurement, and
construction sequencing, ensuring efficiency and readiness for operations.
• Local Presence: With a long-standing office in St. John's, Newfoundland, Hatch is well-
positioned to provide on-the-ground support and collaborate directly with Atlas Salt
throughout the design and execution phases.
• Proven Soft-Rock Mining Expertise: Hatch has successfully led engineering and delivery
on major underground mining projects across Canada, including potash, nickel, and salt
operations. Their deep bench of subject-matter experts in mine, port, and infrastructure
design positions the Great Atlantic Salt Project for success.
Management Commentary
Nolan Peterson, CEO of Atlas Salt, stated:
"Hatch's addition to our Integrated Project Delivery team is a pivotal milestone for the Great
Atlantic Salt Project. Their proven track record in large-scale soft-rock mining, combined with
their strong presence in Newfoundland and Labrador and commitment to safety and
sustainability, provides Atlas Salt with the confidence that the Project will be engineered to the
highest global standards."
Mike Watters, Global Lead, Mine Infrastructure of Hatch, stated:
"We are honoured to partner with Atlas Salt on this important project for Newfoundland and
Labrador. By applying our integrated project delivery model, digital engineering tools, and
commitment to community engagement, Hatch will help ensure the Great Atlantic Salt Project is
delivered safely, efficiently, and sustainably."
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 Hatch
Hatch is a global engineering, project delivery, and professional services firm. Whatever our
clients envision, our teams can design and build. With over seven decades of business and
technical experience in the mining, energy, and infrastructure sectors, we know your business
and understand that your challenges are changing rapidly. We respond quickly with solutions that
are smarter, more efficient and innovative. We draw upon our 10,000 staff with experience in
more than 150 countries to challenge the status quo and create positive change for our clients,
our employees, and the communities we serve.
Find out more on www.hatch.com/About-Us
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) 275-2099
We seek safe harbour.
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 Inc.