Atlas Salt Inc. Announces Annual Filings and Strategic Updates for 2024

Atlas Salt Inc., listed on TSXV:SALT and OTCQB:REMRF, has officially filed its year-end financial statements and MD&A for the period ending December 31, 2023, with key regulatory bodies in Canada and the U.S. The company has outlined significant milestones for the Great Atlantic Salt Project in 2024, including strategic de-risking, a low GHG Emissions Inventory Report, and successful progression through environmental assessments.

Significant developments include the approval from the Minister of Environmental and Climate Change for Newfoundland and Labrador, indicating progress in environmental assessment conditions. Atlas Salt is focusing on several key objectives such as developing monitoring programs, advancing project financing options, and establishing strategic partnerships for salt distribution.

Additionally, a leadership transition was announced with Rick LaBelle taking over as President, succeeding Rowland Howe, who will serve as a Special Advisor and continue his role on the Board of Directors. This change comes as the project moves from exploration to development phases. The updates highlight a robust strategic plan aimed at advancing the Great Atlantic Salt Project towards production.