Energy

Atlas Salt Provides Construction, Permitting and Corporate Update on the Great Atlantic Salt Project

St. George's, Newfoundland and Labrador--(Newsfile Corp. - July 7, 2026) - Atlas Salt Inc. (TSXV: SALT) (OTCQX: SALQF) (FSE: 9D00) ("Atlas Salt" or the "Company") provides an update on construction, permitting, and financing progress at the Great Atlantic Salt Project (the "Project"). Following the commencement of Early Works announced on February 27, 2026, the Project has advanced into active site construction, with the Company's surface earthworks contractor mobilized and earthworks...

Atlas Salt IncJuly 7, 20266 min read
Atlas Salt Provides Construction, Permitting and Corporate Update on the Great Atlantic Salt Project

About this update from Atlas Salt Inc

St. George's, Newfoundland and Labrador--(Newsfile Corp. - July 7, 2026) - Atlas Salt Inc. (TSXV: SALT) (OTCQX: SALQF) (FSE: 9D00) ("Atlas Salt" or the "Company")  provides an update on construction, permitting, and financing progress at the Great Atlantic Salt Project (the "Project"). Following the commencement of Early Works announced on February 27, 2026, the Project has advanced into active site construction, with the Company's surface earthworks contractor mobilized and earthworks underway. Summary of Key Points Nolan Peterson, President and CEO of Atlas Salt, commented: "It has been a busy and productive few months at Atlas, and I'm pleased to update stakeholders on our progress. With construction crews on site, our Town Development Permit confirmed for the full Early Works program, and the financing process under way, the Great Atlantic Salt Project has moved decisively from planning into execution. The discipline our team is demonstrating in the field, measured progress, strong safety performance, and active environmental oversight, is the same discipline we will carry into Capital Works construction, and it underpins the strong early interest we are seeing from the financing community." Early Works Construction Progress Atlas Salt's surface earthworks contractor, On Grade Construction, mobilized to site in early May and is actively executing the approved Early Works program. Activities to date include vegetation clearing, grubbing and earthworks across the Project footprint, together with the installation of temporary drainage infrastructure and erosion-and-sediment controls. In the coming months, and subject to weather and site conditions, the Company expects the Early Works program to advance from initial clearing and bulk earthworks into the balance of the authorized site-development scope. Planned activities include:

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the CompanyGreat Atlantic Salt ProjectProject financingAtlas SaltAtlas Salt Inc. CompanyBox CapitalTown Development Permitconstructionthe Project

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