Atomic Minerals to settle $50,000 debt with shares

Nov 21, 2023

2023-11-20 15:41 ET – News Release

Mr. Clive Massey reports

ATOMIC MINERALS AMENDS DEBT SETTLEMENT TRANSACTION

Further to its news release on Nov. 10, 2023, Atomic Minerals Corp. has entered into a revised debt settlement agreement with an arm’s-length third party of the company, pursuant to which the company has agreed to issue an aggregate of 579,710 common shares at a deemed price of 8.625 cents per share, to settle a total indebtedness of $50,000.

The company determined to satisfy this outstanding indebtedness with shares to preserve its cash for operations. The Transaction is subject to TSX Venture Exchange approval. All shares issued pursuant to the transaction will be subject to a four-month-and-one-day hold period.

About Atomic Minerals Corp.

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 Southwestern United States. The company is led by a highly skilled management and technical team with numerous previous successes in the junior mining sector.

We seek Safe Harbor.

https://www.atomicminerals.ca/