Atlas Salt Progresses with Financing for Great Atlantic Salt Project

Atlas Salt Inc., in collaboration with its advisor Endeavour Financial, has received letters of interest from potential debt financers for the Great Atlantic Salt Project. This includes interest from export credit agencies, indicating early support for the financing framework. CEO Nolan Peterson views this as a significant step, reflecting confidence in the project's potential.

Endeavour Financial, assigned as the project's financing advisor in November 2024, initiated market outreach for debt financing in early 2025. Since then, several institutions have shown initial interest. Independent third-party consultants are undertaking technical, environmental, and social diligence reviews.

Additionally, Atlas Salt plans to issue stock options to a financial consultant, allowing the purchase of 400,000 common shares at $0.50 each, with a quarterly vesting over one year.