Atlas Salt Inc. is pleased to announce that it will be presenting at the virtual Resource Mining & Exploration Conference Tuesday, November 22, 2022, hosted by Sagacity Capital Media and Guerilla Capital. President & Director Rowland Howe will provide an in-depth update on the Company at 11:40 a.m. ET, November 22, 2022. RMEC is an interactive [...]
Atlas Salt Inc. announces that it has authorized the grant of 1,125,000 Directors' and Officers' stock options and 650,000 employee and consultant stock options, all exercisable at $2.35 per share for variable terms and vesting periods consistent with the Company's stock option plan and subject to TSXV Stock Exchange approval. The Company has [...]
Atlas Salt is pleased to announce that its common shares are now DTC service eligible for electronic clearing and settlement through the Depository Trust Company in the United States. DTC is a subsidiary of the Depository Trust & Clearing Corporation, a U.S. company that manages the electronic clearing and settlement of publicly traded companies [...]
Atlas Salt Inc. and Triple Point Resources Ltd. are pleased to announce that the previously announced spin-out of Triple Point through a Plan of Arrangement under the Business Corporations Act has been completed. The Arrangement was effective at 12:01 a.m. on September 22, 2022. Pursuant to the Arrangement, Atlas Salt transferred ownership of the [...]
Atlas Salt Inc. is pleased to announce that on Sept. 7, 2022, the Supreme Court of British Columbia issued its final order approving a Plan of Arrangement with Triple Point Resources Ltd. The Company has set 12:01 a.m. on Sept. 22, 2022, as the effective time and date for the closing of the Arrangement. Shareholders of record as at the close of [...]
Atlas Salt Inc. is pleased to announce that at its annual general and special meeting held yesterday, holders of common shares of Atlas Salt voted overwhelmingly in favour of the special resolution to approve the proposed Plan of Arrangement with Triple Point Resources Ltd. under the Business Corporations Act. The special resolution with respect to [...]
Atlas Salt Inc. is pleased to provide a corporate update with the leaders of Canada and Germany expected to sign a "Hydrogen Accord" at a news conference scheduled for early this evening in Stephenville, Newfoundland. In addition to its flagship Great Atlantic Salt Project, approximately 25 km south of Stephenville, Atlas owns 100% of the [...]
Atlas Salt Inc. is pleased to provide the following update on its proposed spinout of 226 sq. km of mineral licenses in southwest Newfoundland, outside of its flagship Great Atlantic Project, highlighted by the Fischell's Brook Salt Dome. Highlights: A Special AGM will be held August 31, 2022, to vote on the proposed Plan of Arrangement as per an [...]
Atlas Salt is pleased to announce that it has entered into a definitive arrangement agreement with Triple Point Resources with respect to the spin-out of the Company’s Fischell’s Brook Salt Dome Property and related mineral licenses comprising 226 sq. km. Pursuant to the Agreement, the Company agreed to distribute 23,750,000 common shares of Triple [...]
Atlas Salt is pleased to announce that the Board of Directors has approved, in principle, the spin-out of the Company’s Fischell’s Brook Salt Dome Property and related mineral licenses comprising 226 sq. km in southwest Newfoundland. In connection with the spin-out the mineral licenses will be transferred to Triple Point Resources Ltd., a [...]
Atlas Salt is pleased to report that as the Company progresses toward completion of its Great Atlantic Feasibility Study, drilling of another significant step-out hole has commenced approximately 300 metres east of CC-4 which cut a gross thickness of 335 m grading 96.8% salt starting just 190 m downhole. Mr. Rowland Howe commented: “The already [...]
Atlas Salt is pleased to report that additional results from its ground gravity survey have led to the modelling of a potential second salt dome just 3 km east of the large Fischell’s Brook Salt Dome deposit. “Fischell’s Brook East” is consistent with the increasingly apparent district-scale salt potential of Atlas’ nearly 200 sq. km land package [...]
