Atomic Minerals increases private placements

Nov 28, 2025

2025-11-27 20:16 ET – News Release

Mr. Clive Massey reports

ATOMIC MINERALS UPSIZES ITS PREVIOUSLY ANNOUNCED NON-BROKERED LIFE OFFERING AND CONCURRENT PRIVATE PLACEMENT TO $2.2M

Atomic Minerals Corp., due to strong investor demand, has increased the size of its previously announced non-brokered private placement pursuant to the listed issuer financing exemption (LIFE) under Part 5A of National Instrument 45-106, Prospectus Exemptions, to up to 14,666,667 units (previously 12 million units) at a price of five cents per unit, for gross proceeds of up to $733,333 (previously $600,000). The company has also increased the size of its concurrent non-brokered private placement to up to 29,333,333 units (previously 24 million units) at a price of five cents per unit, for gross proceeds of up to $1,466,666 (previously $1.2-million).

Each unit will consist of one common share in the capital of the company and one-half of one common share purchase warrant. Each warrant will entitle the holder to acquire one share at a price of 10 cents per share for a period of 12 months from the date of issuance, provided that the warrants issued under the LIFE offering will not be exercisable for a period of 60 days after the date of issue.

The LIFE offering is available to purchasers’ resident in Canada, except Quebec, pursuant to the listed issuer financing exemption. The concurrent private placement is available to purchasers’ resident in Canada pursuant to other prospectus exemptions of National Instrument 45-106. The securities offered under the LIFE offering will not be subject to a hold period in accordance with applicable Canadian securities laws. The securities offered under the concurrent private placement will be 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.

There is an amended and restated offering document related to the LIFE offering that can be accessed under the company’s profile on SEDAR+ and on the company’s website. Prospective investors should read this offering document before making an investment decision.

The company expects to pay finders’ fees to eligible parties in accordance with applicable securities laws and the policies of the TSX Venture Exchange. The finders’ fees will consist of cash of between 5 per cent and 8 per cent of the proceeds raised under the LIFE offering and the concurrent private placement, and finders’ warrants equal to up to 8 per cent of the units sold under the LIFE offering and concurrent private placement. Each finder’s warrant will be exercisable to acquire one share at a price of 10 cents for a period of one year.

The LIFE offering and the concurrent private placement are expected to close on Dec. 1, 2025, and are subject to customary regulatory approvals, including approval of the TSX Venture Exchange. The company intends to use the net proceeds of the LIFE offering and the concurrent private placement to finance exploration activities at its uranium projects, located in Saskatchewan and the Colorado Plateau region of the United States, and for general administrative expenses.

About Atomic Minerals Corp.

Atomic Minerals is a publicly listed exploration company on the TSX Venture Exchange, 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 which 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/