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Atlas Salt to raise $10 million in bought-deal private placement at $1.2/share

PUBT · 21h ago

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Atlas Salt to raise $10 million in bought-deal private placement at $1.2/share

Atlas Salt launched a bought-deal private placement of 8,333,400 common shares at $1.2 per share for gross proceeds of $10 million.
Ventum Financial, Raymond James acting as co-lead underwriters, with a 15% option for additional shares at the same price.
Closing targeted around June 11, 2026, subject to required approvals including conditional TSX Venture Exchange clearance.
Proceeds earmarked for early works, engineering, permitting, project financing work linked to the Great Atlantic Salt Project, working capital.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Atlas Salt Inc. published the original content used to generate this news brief on June 01, 2026, and is solely responsible for the information contained therein.

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