OTC Markets Requests Atlas SALT to Comment ON Recent Promotional Activity
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TSXV: SALT
333 Duckworth Street, St. John's
NL, A1C 1G9
Telephone: (709) 754-3186
Fax: (709) 754-3946
AtlasSalt.com
OTC MARKETS REQUESTS ATLAS SALT
TO COMMENT ON RECENT
PROMOTIONAL ACTIVITY
St. John’s, Newfoundland and Labrador, June 28, 2023 – Atlas Salt (the “Company” or “Atlas” -
TSXV: SALT; OTCQB: REMRF; FSE: 9D00), has been requested by the OTC Markets Group Inc. to
comment on promotional activity concerning its common stock traded on the OTCQB market.
On June 26, 2023, OTC Markets informed the Company that it became aware of certain promotional
activities concerning the Company and its common stock traded on the OTCQB Marketplace, including the
distribution of promotional email materials (materials) publis hed by Gold Standard Media (“ Gold
Standard”) and its affiliates including Future Money Trends LLC, Wealth Research Group LLC, Portfolio
Wealth Global LLC from June 24 - June 26, 2023, discussing the Company and its salt project activities.
The Company had the opportunity to review and comment on the copy material which formed the e -mail
material published by Gold Standard prior to publication.
Gold Standard is a third party marketing and advertising firm retained by the Company to provide content
distribution, advertising and marketing services. The Company provided Gold Standard with publicly
available source information for the materials and the Company had final review and approval over the
content disseminated by Gold Standard and its affiliates. The C ompany does not believe the statements
contained in the e -mails are false or misleading. The retaining of Gold Standard and the terms of the
engagement including financial compensation were disclosed in a news release on June 23, 2023.
Additionally, the engagement was disclosed and approved by the TSX Venture Exchange on June 23, 2023
as per exchange rules.
Gold Standard represented to the Company that it does not own any securities directly or indirectly in the
Company. The Company has no opinion as to w hether or not and/or the extent to which the promotional
activity affected trading activity because of the many factors that affect trading activity generally, which
may include promotional activities as well as the volatile nature of the industry in which the Company is
involved and the prior issuance of public news releases including a corporate update news release on June
26, 2023.
Over the preceding 12 months, in addition to the above disclosed engagements with Gold Standard and its
affiliates, the C ompany has worked with third party contractual service providers Marketsmart
Communications, Business Financial Network, Junior Gold Report, Sagacity Capital Media, Digitonic Ltd.
to provide advertising and marketing services to the Company.
In the past 9 0 days, Patrick Laracy CEO and Director exercised stock options and sold shares. John
Anderson, Director, exercised warrants. Carson Noel, Director, exercised stock options. After an inquiry
by management, none of the other Company’s executive officers, directors, or, to the knowledge of the
Company, co ntrolling shareholders and third party service providers sold or purchased shares of the
Company within the past 90 days except Sagacity Capital Media and Junior Gold Report purchased shares
and Marketsmart Communications sold shares of the Company.
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The Company has not issued shares or convertible instruments allowing conversion to shares at prices
constituting a discount to the current market rate at the time of the issuance.
For more complete and specific information regarding the Company, its activities, the risks associated with
these activities, and a summary of issuance of shares or convertible securities, readers should consult the
Company's public filings on SEDAR and its website.
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: [email protected]
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.