Welcome to our dedicated page for Atlas Salt news (Ticker: REMRF), a resource for investors and traders seeking the latest updates and insights on Atlas Salt stock.
Atlas Salt Inc. (REMRF) drives innovation in sustainable salt mining through its flagship Great Atlantic Salt Project in Canada. This page serves as the definitive source for verified corporate updates, offering stakeholders timely access to operational developments and strategic initiatives.
Investors and industry observers will find essential announcements including quarterly financial results, partnership agreements with technology leaders like Sandvik, and progress reports on environmental compliance measures. Our curated collection features press releases detailing infrastructure advancements, community engagement programs, and production milestones.
The resource emphasizes Atlas Salt's commitment to merging traditional mining expertise with modern sustainability practices. Users can track implementation of automated mining systems, battery-electric equipment deployments, and regulatory approvals that underscore the company's operational philosophy.
Bookmark this page for structured updates on key business areas: mine development timelines, strategic offtake agreements, and technological innovations in salt extraction. Return regularly to monitor how Atlas Salt executes its vision of efficient, environmentally responsible resource development.
Atlas Salt (TSXV:SALT; OTCQX:SALQF) announced that, effective November 17, 2025, its common shares begin trading on the OTCQX Market under the symbol SALQF. The company previously traded on the OTCQB Venture Market under the symbol REMRF.
The release notes that OTCQX is intended for established, investor-focused companies that meet high financial standards and governance practices. Management said the move should improve visibility, liquidity, and accessibility to U.S. institutional and retail investors as the company advances the Great Atlantic Salt Project.
Atlas Salt (OTCQB:REMRF) signed a non-binding Memorandum of Understanding with Hatch on November 12, 2025 to appoint Hatch as Lead Engineering and Integrated Project Delivery (IPD) partner for the Great Atlantic Salt Project. Hatch will integrate engineering disciplines under an IPD framework, apply digital engineering and information-management tools, and provide local on-the-ground support from its St. John's office. The collaboration emphasizes safety-in-design, environmental stewardship, coordinated risk management, and execution readiness. Technical sign-off was provided by a NI 43-101 Qualified Person.
Atlas Salt (OTCQB: REMRF) filed an independent NI 43-101 technical report on SEDAR+ for the Updated Feasibility Study of its Great Atlantic Salt Project.
The Report, prepared by SLR Consulting (Canada) Ltd. with contributions from Shaft and Tunnel Consulting Services, Terrane Geoscience, Sandvik Mining and Rock Solutions, and Tamarack Resources, is dated November 5, 2025 with an effective date of September 30, 2025. The company says there are no material differences between the Report and results disclosed in its September 30, 2025 news release. The Report is available under the company issuer profile on www.sedarplus.ca.
Scientific and technical information in the release was approved by Andrew Smith, P.Eng., ICD.D, a Qualified Person for NI 43-101 purposes.
Atlas Salt (OTCQB:REMRF) announced a non-binding Memorandum of Understanding dated October 29, 2025 with Continental Conveyor to act as Integrated Project Delivery partner for material handling at the Great Atlantic Salt Project.
The MOU covers a complete conveyor package including 28 belt conveyors and head chutes spanning underground crushing, surface storage, overland conveyors and port delivery to Turf Point. Continental brings over 60 years of bulk handling experience and Canadian manufacturing facilities in Thetford Mines, QC and Napanee, ON to support engineering, fabrication and long-term service.
Atlas Salt (OTCQB:REMRF) closed a brokered private placement on October 21, 2025, raising gross proceeds of $8,704,400 through issuance of 10,880,500 common shares at $0.80 per share. A strategic investor participated to support the Great Atlantic Salt Project.
Agents Raymond James and Ventum were co-lead agents; the company paid $522,264 in cash fees and issued 652,830 compensation warrants exercisable at the offering price for 24 months. Net proceeds will fund civil engineering for Great Atlantic and general corporate purposes. Certain insiders participated and the company relied on MI 61-101 exemptions.
Atlas Salt (OTCQB:REMRF) has announced an Updated Feasibility Study (UFS) for its 100%-owned Great Atlantic Salt Project, revealing significantly enhanced economics. The project now shows a post-tax NPV8 of $920 million and an IRR of 21.3% with a 4.2-year payback period.
The UFS outlines an optimized operation with increased production capacity to 4.0 million tonnes per annum of high-purity road salt, up 60% from the previous study. The project requires initial capital of $589 million and projects average annual operating cashflow of $325 million. The mine life is set at 24 years with competitive operating costs of $28.17 per tonne.
Located near St. George's, Newfoundland, the project benefits from strategic access to deepwater port facilities and shipping routes serving Eastern Canada, the U.S. Northeast, and Western Europe. The study confirms Great Atlantic as North America's leading undeveloped salt project, with total undiscounted post-tax cashflow of $3.93 billion over the mine life.
Atlas Salt (OTCQB:REMRF) has announced the issuance of compensation securities to its Board of Directors. The company has granted a total of 600,000 deferred share units (DSUs) under its Equity Incentive Plan. These DSUs will vest after one year from the grant date, contingent on the recipients maintaining their service with the company. The issuance is subject to TSX Venture Exchange requirements and applicable securities laws.
Atlas Salt (OTCQB:REMRF) has announced its support for Memorial University's Passive Array for Critical Minerals on the Island of Newfoundland (PACMIN) research project. The initiative involves a network of 22 seismograph stations across Newfoundland, including one at Atlas Salt's St. George's facility.
PACMIN is a collaborative effort between Memorial University, Université du Québec à Montréal, and Yale University, with support from Natural Resources Canada. The project, running through summer 2027, aims to study geological structures and plate-tectonic processes to better locate critical minerals essential for green economy transition.
Atlas Salt (OTCQB:REMRF) has received signed letters of interest (LOIs) from potential debt financers, including export credit agencies, for its Great Atlantic Salt Project (GAS Project). The company's project financing advisor, Endeavour Financial, launched a market outreach process in early 2025 and has garnered interest from multiple institutions.
Third-party consultants are conducting technical, environmental, and social due diligence reviews. Endeavour Financial is finalizing a comprehensive due diligence package that will include the LOIs, independent reports, and an Updated Feasibility Study with financial modeling.
Separately, Atlas Salt has issued 400,000 stock options to a financial consultant at an exercise price of $0.50, vesting quarterly over one year.
Atlas Salt (OTCQB:REMRF) has received a significant regulatory milestone with the approval of its Early Works Development Plan for the Great Atlantic Salt Project by Newfoundland and Labrador's Minister of Industry, Energy and Technology. The approval transitions the project to shovel-ready status and authorizes site preparation and surface infrastructure activities.
The Early Works scope includes site preparation across 47 ha, construction of access infrastructure, surface support areas, and water management systems. The 16-month program is expected to create 150 full-time-equivalent positions, prioritizing local residents. The company plans to complete its Updated Feasibility Study in Q3 2025, which will support project financing and enable procurement activities.
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