Atlas Salt Inc.

Name: Atlas Salt Inc.
Address: 2 School Road, Saint George's, NL, A0N1Z0, CA
Telephone: +17097399545

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Saint George's, NL
Atlas Salt Inc.

TSXV: $SALT | OTCQX: SALQF

Strategic Location - Innovative Design - Sustainable Mining
Bringing the power of SALT to investors.

Atlas Salt owns 100% of one of North America’s largest shallow salt deposits in Newfoundland, strategically located to target large markets for road de-icing in Eastern Canada and Northeast USA. Immediately adjacent to this flagship Great Atlantic Salt Project is the Flat Bay Gypsum deposit with excellent expansion potential from current status as a smallscale open-pit producer.

• Multi-disciplin

ed team with globally recognized salt market expertise and successful operating experience
• Attractive share structure with newly-added capital markets expertise to build shareholder value and assist in project execution
• The right jurisdiction: Newfoundland’s booming mining sector and eagerness to boost industrial development will help drive Atlas Salt’s success

09/04/2026

Ground is moving in St. George's.

Here's what's actually happened this year. Swipe through:

February: the first crews arrive and clearing begins.
April: the Town issues the Development Permit for the whole Early Works program, in one
application.
May: On Grade Construction mobilizes to site.
June: a C$15.15 million financing closes, bigger than planned because demand was there.
July: Export Development Canada signals up to C$150 million toward the build.
August: a new CFO joins and the COO role is filled from within.

Access roads, laydown areas, terracing, stockpile foundations. Not glamorous. But this is what
a mine looks like before it looks like a mine.

09/02/2026

Something most people never think about: North America uses more road salt than anywhere else on earth.

35% of global demand; more than Europe, more than Asia Pacific. Every winter, that salt has to come from somewhere. A lot of it arrives by ship, from thousands of kilometres
away.

The Great Atlantic Salt Project sits on the west coast of Newfoundland, right beside a deepwater port and a
very short shipping lane to the markets that need it.

The demand has always been there. The question is who supplies it.

Source: Data Insights Market

09/01/2026

News Release:

Atlas Salt's Financing Letters of Interest Exceed $300 Million Following Further Export Credit Agency and Sandvik Support

Nolan K. Peterson, President & CEO of Atlas Salt Commented:

"Advancing our Memorandum of Understanding with Sandvik into a financing Letter of Interest and adding the support of an additional leading export credit agency, brings the financing Letters of Interest for the Great Atlantic Salt Project to more than C$300 million. These are the pillars on which we are building a broader financing package, including a commercial bank syndicate, as we work toward a complete financing package. Vendor and export credit support of this scale reflects the strength and strategic significance of our long-life, industrial-salt asset, and the international export interest it supports. This is one part of a structured process that is progressing across multiple counterparties and jurisdictions, and we look forward to advancing it in a disciplined manner alongside our advisor, Endeavour Financial."

https://lnkd.in/g5qqGeqp

08/28/2026

Not all mining is equal when it comes to emissions, and salt already runs cleaner than most.

The Great Atlantic Salt Project is projected to run even cleaner: roughly 960 tonnes
of CO2 per million tonnes of ore, compared to a Canadian salt industry median of
8,333.

That's not from buying offsets. It's built into how the mine is designed; shallow,
simple, and efficient from the ground up.

*Emissions data from NRCan (2022) and USGS; excludes shipping and distribution.

08/25/2026

There are two ways into an underground mine: sink a shaft and hoist everything up, or drive a ramp in from surface.

Great Atlantic is being built the second way. A surface portal and conveyor decline mean equipment drives in and salt rides out on a belt; the first major underground salt mine in North America designed for decline access.

It's a dry mine, too. Room-and-pillar extraction with continuous miners, no solution mining, and no water used in processing other than an anti-caking agent applied right before shipment.

Salt is crushed and screened underground, carried to surface, then moved to the port by covered conveyor.

Fewer steps between the rock and the ship.

08/21/2026

Not all mining is equal when it comes to emissions, and salt already runs cleaner than most.

The Great Atlantic Salt Project is projected to run even cleaner: roughly 960 tonnes of CO2 per million tonnes of ore, compared to a Canadian salt industry median of 8,333.

That's not from buying offsets. It's built into how the mine is designed; shallow, simple, and efficient from the ground up.

*Emissions data from NRCan (2022) and USGS; excludes shipping and distribution.

08/20/2026

News Release:

Atlas Salt Enters MOU with CN to Evaluate Logistics Opportunities to Optimize Great Atlantic Salt Project Economics
~~~
Nolan K. Peterson, CEO of Atlas Salt, commented:
"Logistics is the single largest driver of delivered cost in the de-icing salt business, and we are systematically engineering every leg of our supply chain to maximize our competitive advantages. Collaborating with a partner of CN's calibre to explore building out the rail component of our strategy is an important step, and it reflects the disciplined, cost and value focused approach we are taking across the Project."

Buck Rogers, Vice-President Petroleum, Chemicals & Regional at CN, commented:
"CN is committed to working with customers to develop efficient and resilient supply chain solutions. We look forward to exploring with Atlas Salt how our network can support the movement of its product to markets across Eastern Canada and beyond."

Under the MOU, Atlas Salt and CN intend to explore:
~ Rail movement of de-icing salt on lanes served by CN's network;
~ Railcar supply and equipment solutions to support Atlas Salt's distribution requirements; and
~ Transload arrangements linking Atlas Salt's marine distribution with CN's inland rail network and logistics partnerships.

Read the full news release: https://lnkd.in/gz-55XfR

08/17/2026

Here's a fun fact: the word "salary" comes from salt. So does "salad."

Salt has been essential to daily life for over 5,000 years and has more than 14,000 documented uses, from
ancient food preservation to the roads we drive on today.

Did you know the salary connection? Tell us in the comments! 🧂

08/13/2026

Depth and capacity determine what an underground mine can realistically deliver, and what it costs to get there.

The Great Atlantic Salt Project sits at roughly 180m, the shallowest depth among major North American salt mines, with 4 Mtpa capacity once fully ramped up. Only Goderich has greater capacity, at roughly 600m.

Behind those figures: Proven and Probable Reserves of 95.0 million tonnes grading 95.9% NaCl, independently verified in the updated feasibility study.

Shallow access, serious scale, and a defined path to production.

08/10/2026

📍🧂 Investor Tour Day at Atlas Salt

Atlas Salt CEO Nolan K. Peterson welcomed investors for a day on the ground, offering a closer look at the Great Atlantic Salt Project, its location and the vision behind its development.

Address

2 School Road
Saint George's, NL
A0N1Z0

Telephone

+17097399545

Website

http://www.atlassalt.com/

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