Atlas Salt Announces CFO Transition and Project Advancements

Atlas Salt Inc. has announced a leadership change, with Alasdair Federico set to take over as CFO from Michael Psihogios on October 15, 2024. Federico, currently VP of Corporate Affairs, brings over 15 years of experience in publicly traded mining companies. Psihogios is transitioning to a CFO role in western Canada. His significant contributions have laid a robust financial foundation for Atlas Salt's pre-production phase.

In project news, Atlas Salt received a mineral lease for the Great Atlantic Salt Project from the Newfoundland and Labrador Department of Industry, Energy and Technology. This lease grants exclusive rights to the company for salt extraction over a 34-year span, covering 550 hectares.

The company has engaged Digitonic Ltd. for a four-week investor relations campaign to boost visibility across the North American market. The campaign was pre-agreed upon in 2022 with a US$260,000 fee. Compliance with TSXV policies is ensured.