Atlas Salt Inc.

Atlas Salt is pleased to provide an update on its high-grade and 100%-owned Great Atlantic Salt Project in western Newfoundland. Highlights: Preliminary development evaluations are now premised on accessing the salt deposit via an inclined ramp as opposed to vertical shaft access, subject to final geotechnical assessments from the drill program; Atlas has commenced its diamond drilling program at Great Atlantic to further [...]

Atlas Salt has extended an agreement with PRmediaNow, pursuant to which the firm will provide media relations services to Atlas for an additional term of 12 months. PRmediaNow's award-winning team of public relations professionals, media researchers and former national journalists has extensive experience securing editorial placements for public companies in leading business, investment, finance, technology [...]

Atlas Salt is pleased to provide an update on its 100%-owned Fischell's Brook Salt Dome in western Newfoundland, approximately 15 km south of the Company's flagship Great Atlantic Salt Project. Highlights: Given the rapidly growing interest in "green" hydrogen, energy storage and the renewable energy sector in general, driven in part by supportive policy actions by provincial, state and federal governments, Atlas [...]

Atlas Salt is pleased to report that as its Great Atlantic Feasibility Study accelerates into a new phase, seismic data for the project has favorably impacted the strategy for upcoming drilling which will help determine mining methodology. Highlights: Based on seismic information for the homogeneous and high-grade Great Atlantic deposit, the drill program will step out 500 meters toward the deep water port from the [...]

Red Moon Resources Inc. is pleased to announce that it has changed its name to Atlas Salt Inc. The Company’s common shares will commence trading under the new stock symbol “SALT” on September 1, 2021. The Company’s new CUSIP number is 04943J100 and its new ISIN number is CA04943J1003.The Company also announces that it has changed its corporate jurisdiction from Alberta to British Columbia. The change in corporate [...]

Red Moon Resources Inc. is pleased to announce the engagement of SLR Consulting (Canada) Ltd. to complete a FS for the Company’s flagship Great Atlantic Salt Project in western Newfoundland. By proceeding from a resource estimate directly to a Feasibility Study, given the geological nature of this relatively homogeneous and shallow high-grade deposit immediately adjacent to key infrastructure, the goal is to expedite [...]

Red Moon Resources Inc. announces that it has closed a non-brokered private placement financing to raise total gross proceeds of $1,000,000. Under the terms of the offering, the Company placed 1,282,053 units at $0.78 per unit. Each unit consisted of one common share and one common share purchase warrant, with each whole warrant exercisable at a price of $1.05 per share for a period of two years following the close of the [...]

Red Moon Resources Inc. has entered into an agreement with PRmediaNow, pursuant to which the firm will provide media relations services to Red Moon for an initial term of six months. PRmediaNow’s award-winning team of public relations professionals, media researchers and former national journalists has extensive experience securing editorial placements for public companies in leading business, investment, finance [...]

Red Moon Resources Inc. announces that it has closed a non-brokered private placement financing to raise total gross proceeds of $3.25 million. Patrick Laracy, Red Moon CEO, stated: “We welcome new strategic investors with this financing which builds on our already strong financial position. We’re extremely well positioned to execute on multiple fronts and further build shareholder value.” Under the terms of the offering [...]

Red Moon Resources Inc. is pleased to provide the following corporate update: Red Moon will be proposing a name change, to be presented to shareholders at a special AGM slated for July, 2021;The name change will better reflect the Company’s core business (potential supplier of high-grade salt for North American de-icing markets) as it advances its Great Atlantic Salt Project in western Newfoundland through the Feasibility [...]