Atlas Salt Provides Construction, Permitting and Corporate Update on the Great Atlantic Salt Project

Atlas Salt Inc. (TSXV: SALT) (OTCQX: SALQF) (FSE: 9D00) ("Atlas Salt" or the "Company") provides an update on construction, permitting, and financing progress at the Great Atlantic Salt Project (the "Project"). Following the commencement of Early Works announced on February 27, 2026, the Project has advanced into active site construction, with the Company's surface earthworks contractor mobilized and earthworks underway. On Grade Construction and other contractors have been mobilized to site with Early Works construction underway. Town Development Permit from the Town of St. George's confirms full Early Works scope authorization under a single permit, streamlining the process now and in the future. All committed environmental and safety protocols are active with avifauna protection measures in place. Project financing activities are well under way and on target with indications of interest from prospective lenders and strategic partners. Multiple lenders and financing partners are in an active due diligence process. Nolan Peterson, President and CEO of Atlas Salt, commented: "It has been a busy and productive few months at Atlas, and I'm pleased to update stakeholders on our progress. With construction crews on site, our Town Development Permit confirmed for the full Early Works program, and the financing process under way, the Great Atlantic Salt Project has moved decisively from planning into execution. The discipline our team is demonstrating in the field, measured progress, strong safety performance, and active environmental oversight, is the same discipline we will carry into Capital Works construction, and it underpins the strong early interest we are seeing from the financing community." Atlas Salt's surface earthworks contractor, On Grade Construction, mobilized to site in early May and is actively executing the approv...