Atomic Minerals closes private placements

Dec 31, 2025

2025-12-30 19:41 ET – News Release

Mr. Clive Massey reports

ATOMIC MINERALS ANNOUNCES CLOSING OF NON-BROKERED LIFE OFFERING AND CONCURRENT PRIVATE PLACEMENT OF $400,000

Atomic Minerals Corp. has closed its non-brokered private placement under the listed issuer financing exemption under Part 5A of National Instrument 45-106, Prospectus Exemptions, of 1,028,234 flow-through (FT) common shares in the capital of the company at a price of 12.5 per cents FT share, for gross proceeds of $128,529. The company also announces that it has closed its concurrent non-brokered private placement of 2,171,766 FT shares at a price of 12.5 cents per FT share, for gross proceeds of $271,471. Each FT share qualifies as a flow-through share as defined in Subsection 66(15) of the Income Tax Act.

The securities offered under the LIFE offering are not subject to a hold period in accordance with applicable Canadian securities laws. The securities offered under the concurrent private placement are subject to a statutory hold period in Canada ending on the date that is four months plus one day following the closing date of the concurrent private placement.

In connection with the LIFE offering and the concurrent private placement, the company paid finders’ fees in the total amount of $10,600 and issued 84,800 non-transferable warrants in accordance with applicable securities laws and the policies of the TSX Venture Exchange. Each finder warrant is exercisable to acquire one common share in the capital of the company at a price of 12.5 cents for a period of one year from the date of issue.

The company intends to use the net proceeds of the LIFE offering and the concurrent private placement to finance Canadian exploration expenses that qualify as flow-through mining expenditures, as defined in Subsection 127(9) of the Income Tax Act at its uranium project located in Saskatchewan. The LIFE offering and the concurrent private placement closing remains subject to certain closing conditions, including, without limitation, approval of the TSX Venture Exchange.

About Atomic Minerals Corp.

Atomic Minerals is a publicly listed exploration company on the TSX-V, trading under the symbol ATOM, led by a highly skilled management and technical team with a proven record in the junior mining sector. Atomic Minerals’ objective is to identify exploration opportunities in regions that have been previously overlooked but are geologically similar to those with previous uranium discoveries. These underexplored areas hold immense potential and are in stable geopolitical and economic environments.

Atomic Minerals’ property portfolio contains uranium projects in three locations within North America, all of which have significant technical merit and or are known for hosting uranium production in the past. Four of the properties are located on the Colorado Plateau, an area that has previously produced 597 million pounds of U3O8; the Mozzie Lake project is located in the prolific Athabasca basin region in Northern Saskatchewan and the Mont-Laurier project is located in Quebec.

We seek Safe Harbor.

https://www.atomicminerals.ca/