Atomic Minerals issues 6.52 million shares for debt
2025-08-29 20:14 ET – News Release
Mr. Clive Massey reports
ATOMIC MINERALS CONCLUDES DEBT SETTLEMENT
Further to its news release on July 8, 2025, Atomic Minerals Corp. has received TSX Venture Exchange approval to settle outstanding debt with certain arm’s-length third parties and two directors.
Effective Aug. 27, 2025, the company has allotted and issued an aggregate of 6,527,500 common shares in the capital of the company at a deemed price of five cents per share to settle a total indebtedness of $326,375.
The company resolved to extinguish the outstanding indebtedness with shares and preserve its cash for operations. Two directors each settled $30,000, net of GST, in exchange for 600,000 common shares of the company. All shares issued pursuant to the transaction are subject to a four-month-and-one-day hold period expiring on Dec. 28, 2025.
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 aims 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.
Currently, Atomic Minerals’ property portfolio contains uranium projects with significant technical merit in two locations known for hosting uranium production in the past. The company has three on the Colorado plateau, within the continental United States. The plateau has previously produced 597 million pounds of U3O8. The other recently acquired property is located in the prolific Athabasca region in Saskatchewan, Canada, and the recently acquired Mount Laurier property, located in Quebec, Canada.
We seek Safe Harbor.
https://www.atomicminerals.ca/