Atomic Minerals to issue 625K shares for debt of $50K

Nov 13, 2023

2023-11-10 16:42 ET – News Release


Mr. Clive Massey reports


Atomic Minerals Corp. has entered into 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 625,000 common shares at a deemed price of eight 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 southwest 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.

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