Atlas Salt Issues Stock Options
03 Novembre 2022 - 9:10PM
Atlas Salt Inc. (TSXV: SALT) (OTCQB: REMRF)
(“
Atlas Salt”) announces that it has authorized
the grant of 1,125,000 Directors’ and Officers’ stock options and
650,000 employee and consultant stock options, all exercisable at
$2.35 per share for variable terms and vesting periods consistent
with the Company’s stock option plan and subject to TSXV Stock
Exchange approval. The Company has reserved 8,761,564 listed shares
for issuance under its stock option plan, of which 6,475,000
options have been issued prior to the current issue.
About Atlas Salt
Atlas Salt owns 100% of the Great Atlantic salt
deposit strategically located in western Newfoundland in the middle
of the robust eastern North America road salt market. The project
features a large homogeneous high-grade resource located
immediately next to a deep water port. Atlas is also the largest
shareholder in Triple Point Resources as it pursues development of
the Fischell’s Brook Salt Dome in the heart of an emerging Clean
Energy Hub on the west coast of Newfoundland.
For information with respect to Atlas
Salt, please contact:
Patrick J. Laracy, CEO(709)
754-3186info@atlassalt.com |
MarketSmart Communications Inc. Adrian
SydenhamToll-free: 1-877-261-4466Email: info@marketsmart.ca |
Forward-Looking Statements
Certain information contained herein constitutes
forward-looking information or statements ("forward looking
statements") under applicable securities legislation and rules.
Generally, forward-looking information can be identified by the use
of forward-looking terminology such as “will be”, or variations of
such words and phrases or statements that certain actions, events
or results “will” occur. All statements within, other than
statements of historical fact, are to be considered forward
looking. Although the Company believes the expectations expressed
in such forward-looking statements are based on reasonable
assumptions, such statements are not guarantees of future
performance and actual results or developments may differ
materially from those in forward-looking statements. There can be
no assurances that such statements will prove accurate and,
therefore, readers are advised to rely on their own evaluation of
such uncertainties. We do not assume any obligation to update any
forward-looking statements except as required under the applicable
laws.
TSX Venture Exchange
Disclaimer
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
Atlas Salt (TSXV:SALT)
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