Atomic receives TSX-V OK for $300K shares for debt deal

Jul 28, 2023

2023-07-27 19:11 ET – News Release

Mr. Clive Massey reports

ATOMIC MINERALS CONCLUDES DEBT SETTLEMENT TRANSACTION

Further to Atomic Minerals Corp.’s news release on July 14, 2023, the company has received TSX Venture Exchange approval for a debt settlement agreement with an arm’s-length third party. The company has allotted and issued an aggregate of six million common shares in the capital of the company at a deemed price of five cents per share, to settle a total indebtedness of $300,000.

The company resolved to extinguish the outstanding indebtedness with shares and preserve its cash for operations. All shares issued pursuant to the transaction are subject to a four-month-and-one-day hold period expiring on Nov. 28, 2023.

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.

https://www.atomicminerals.ca/