Atomic Minerals Concludes Debt Settlement Transaction

November 23, 2023
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Atomic Minerals Corporation

TSXV:ATOM

Atomic Minerals Corporation (“ATOMIC MINERALS” or the “Company”) Further to its news release on November 20, 2023, the Company has received TSX Venture Exchange approval for a debt settlement agreement with an arm’s length third party.

The Company has allotted and issued an aggregate of 579,710 common shares in the capital of the Company (each, a “Share“) at a deemed price of $0.08625 per Share, to settle a total indebtedness of CAD$50,000 (the “Transaction“).

The Company resolved to extinguish the outstanding indebtedness with Shares and preserve its cash for operations. All Shares issued pursuant to the Transaction are subject to a four-month and one-day hold period expiring on March 24, 2024.

About the Company

Atomic Minerals is a Vancouver based publicly listed uranium exploration company trading on the TSX Venture Exchange, with current assets in Saskatchewan’s Athabasca Basin and the Four Corners region of the southwest United States. The Company is led by a highly skilled management and technical team with numerous previous successes in the junior mining sector.

ON BEHALF OF THE BOARD OF DIRECTORS

“Clive Massey”
Clive H. Massey
President & CEO

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MiningIR hosts a variety of articles from a range of sources. Our content, while interesting, should not be considered as formal financial advice. Always seek professional guidance and consult a range of sources before investing.
James Hyland, MiningIR
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