Atlas Salt is pleased to announce the successful completion of the geotechnical drilling and in-field data collection phase of its Geotechnical Drilling and Investigation Program at the Great Atlantic Salt Project. Data analysis and reporting activities remain underway, with final results anticipated in Q3 2025. Geotechnical Drilling and Investigation Program Milestones Completion of Fieldwork: The Company has finalized [...]
Atlas Salt announces that Mr. Marc Boissonneault has resigned as a director. The Company has appointed Mr. Bob Kelly to the Board of Directors. The Company wishes to thank Marc for his thoughtful contributions and wishes him continued success in his future endeavors. Mr. Kelly is a seasoned mining professional with 40 years of comprehensive senior management experience. Highlights of his career include being former Vice [...]
Atlas Salt is pleased to provide an update on key workstreams advancing the Great Atlantic Salt Project. Building on the Company's momentum, Atlas Salt is making meaningful progress on multiple fronts, including its geotechnical and hydrogeological drilling program, project execution planning, ongoing permitting efforts, and progress related to project financing. Project Financing with Endeavour Financing Discussions [...]
Atlas Salt announces that through mutual agreement the services of Mr. Rick LaBelle as CEO and Director will cease effective March 19, 2025. The Company will immediately commence the recruitment process to hire a new CEO. In the interim, Mr. Patrick Laracy, Chairman will assume executive management responsibilities. Mr. Laracy commented "Rick has transitioned the company from the feasibility stage to development including [...]
Atlas Salt is pleased to announce the formal submission of the Early Works Mine Development and Rehabilitation and Closure Plan to the Department of Industry, Energy and Technology for the Government of Newfoundland and Labrador, for the Great Atlantic Salt Project in Newfoundland and Labrador, Canada. The submission of the Early Works Development Plan marks a critical milestone in advancing the Project toward [...]
Atlas Salt is pleased to announce that it has secured a C$1,000,000 conditionally repayable loan from the Atlantic Canada Opportunities Agency under the Regional Economic Growth through Innovation program. The funding will support the Company's innovative Mine Design and Optimization Initiative, which focuses on reducing greenhouse gas emissions and implementing sustainable mining technologies at the Great Atlantic Salt [...]
Atlas Salt is working with Oracle Corporation and deploying Oracle's suite of project and financial management solutions in support of the development of the Great Atlantic Salt Project. Oracle's project management tools, including Oracle Aconex, Oracle Primavera Cloud, and Oracle NetSuite, have been integrated to streamline project timelines, financial controls, and collaboration across all stages of the Project. See [...]
Atlas Salt is pleased to announce the appointment of Endeavour Financial as its financial advisor to lead the arrangement of project financing for the Great Atlantic Salt Project. Atlas Salt aims to secure $350-$400 million in senior secured debt, with the potential for additional subordinated debt, based on preliminary modeling. This financing initiative builds on significant achievements in 2024 that not only de-risk [...]
Atlas Salt announces that due to the ongoing postal strike in Canada some shareholders may have experienced a delay in receiving the materials for the annual general and special meeting of Atlas Salt shareholders. The Meeting will be held at 10:00 a.m. on Tuesday, December 3, 2024, at the Celestial Gallery at the Geo Centre, 175 Signal Hill Rd, St. John's. Shareholders can view the Management Information Circular for the [...]
Atlas Salt is pleased to share its approach to meeting Environmental Assessment conditions and to outline its phased permitting strategy for the Great Atlantic Salt Project. This strategy reflects Atlas Salt's commitment to advancing the project responsibly, laying the groundwork for Canada's next major salt mine through strong environmental stewardship and regulatory alignment at each development stage. Understanding EA [...]
Atlas Salt is pleased to announce the commencement of the geotechnical drilling program at its Great Atlantic Salt Project. Additionally, the Company has finalized the acquisition of a 160-hectare Crown land surface lease. Geotechnical Drilling and Investigation Program Commences Atlas Salt has appointed Terrane Geoscience Inc. and GEMTEC Consulting Engineers and Scientists Ltd. to lead the comprehensive geotechnical and [...]
Atlas Salt] announces that effective October 15th, 2024, Alasdair Federico, currently the Company's Vice-President of Corporate Affairs, will succeed Michael Psihogios as Chief Financial Officer of Atlas Salt. Mr. Psihogios advised Atlas Salt in mid-July of the decision to take a CFO position in western Canada, closer to home. Mr. Federico and Mr. Psihogios have worked closely together over the past three months to ensure [...]
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