Atlas Salt Announces $10 Million Bought Deal LIFE Financing

Atlas Salt Inc. has entered into an agreement with Ventum Financial Corp. and Raymond James Ltd. to raise $10 million through a bought deal private placement of 8.33 million common shares at $1.20 per share. The net proceeds will fund early works, site preparation, engineering, permitting, and project financing for the Great Atlantic Salt Project. The offering is expected to close on June 11, 2026, subject to TSX Venture Exchange approval.