ATOMIC MINERALS CORPORATION Stock Price, News & Analysis

Atomic Minerals (TSXV: ATOM) announced a 2:1 share consolidation plan and debt settlement initiative. The consolidation will reduce outstanding common shares from 58,331,591 to approximately 29,165,795. The company plans to settle up to $350,000 of outstanding debt by issuing up to 7,000,000 post-consolidated shares at $0.05 per share.

After both the consolidation and debt settlement, Atomic Minerals expects to have approximately 36,165,795 common shares outstanding. The company's name and stock symbol will remain unchanged, though CUSIP and ISIN numbers will be updated. CEO Clive Massey indicated the move aims to enhance flexibility for potential acquisitions and future funding opportunities.

Atomic Minerals (TSXV: ATOM) has received TSX Venture Exchange approval to finalize a share exchange agreement for the acquisition of the Mont-Laurier Uranium Property in Quebec through Stratigraphic Capital Corp. The property consists of 40 mineral concessions spanning 2,351 hectares across the Quebec municipalities of Lac Saint-Paul, Mont-Saint-Michel, and Lac-Douaire.

CEO Clive Massey highlighted the strategic timing of the acquisition, citing recent uranium price increases and the company's ambition to establish itself as an industry leader. The technical team believes the property holds significant exploration potential.

Atomic Minerals (TSXV: ATOM) has entered into an option agreement to acquire a 100% interest in two mineral claims in Saskatchewan's Mozzie Lake project. The claims, spanning approximately 5,355 hectares, are located in the Pinkham Lake Zone, 25km northeast of the Athabasca Basin within the Charlebois-Higgingson Lake Uranium District.

Historical drilling from 1967-1968 identified an estimate of 208,300 tons grading 0.118% U3O8, approximately 491,588 pounds of U3O8. The uranium mineralization is hosted within pegmatite intrusions. To exercise the option, Atomic Minerals must:

• Issue 5,500,000 common shares upon TSXV approval
• Pay $50,000 in cash within three years

The company also has the right to purchase a 3% net smelter return royalty by issuing 5,500,000 shares to the Royalty Holder.

Atomic Minerals (TSXV: ATOM) has announced its listing on the Frankfurt Stock Exchange (FSE) under the symbol 'DO80'. This strategic move aims to enhance the company's visibility and accessibility to European investors, particularly in Germany, which hosts over twelve million active investors and represents one of Europe's largest institutional capital pools.

The FSE listing creates a dual-listing status for Atomic Minerals, alongside its TSX Venture listing. The FSE handles over 90% of German equity trading and is expected to increase trading liquidity and provide broader access to investors. The company sees this as particularly relevant given Germany's increasing focus on stable energy resources and the potential interest in Atomic Minerals' uranium exploration projects across North America.

Atomic Minerals (TSXV: ATOM) has received TSX Venture Exchange approval to extend its private placement of Units at $0.05 per Unit until January 21, 2025. The company is advancing two key uranium projects:

1. At the Harts Point Uranium Project in Utah, in partnership with Kraken Energy, the BLM is reviewing permit applications for a 15-site drilling program targeting uranium in the Moss Back member of the Chinle formation.

2. At the Bleasdell Lake Project in Saskatchewan, permitting is underway with consultation ongoing with the Peter Ballantyne Cree Nation. The project includes historic trenching results of 91m averaging 0.12% U3O8 over 2.56m and 33.5m averaging 0.62% U3O8 over 1.21m, with a 1957 historic resource of 620,700 pounds of U3O8 in the Horn and Jackpine zones.

Atomic Minerals (TSXV: ATOM) has announced the appointment of Matthew Schwab to its Board of Directors. As a Saskatoon-based exploration geologist with over 15 years of experience in uranium exploration and development, Schwab brings significant expertise to the company. His notable achievements include playing a key role in the discovery of the Arrow uranium deposit during his tenure at NexGen Energy and contributing to the Roughrider deposit sale to Rio Tinto for $654 million. The company expects Schwab's leadership and expertise to strengthen their team as they advance their exploration projects.

Atomic Minerals (TSXV: ATOM) has amended its Asset Purchase Agreement for uranium properties in Northern Saskatchewan. The company will pay vendors $10,000 by December 2, 2024, and $115,000 by February 28, 2025. Atomic Minerals has strategically returned three projects (Carswell, Parks Lake, and Archie Lake) to vendors, retaining three high-priority properties: Bleasdell Lake, Pistol Lake, and Baby Loon.

The company submitted an exploration permit application for the Bleasdell Lake Project on October 9, 2024, and is consulting with Peter Ballantyne Cree Nation. Historic trenching at Bleasdell Lake showed promising results, including 91m averaging 0.12% U3O8 over 2.56m and 33.5m averaging 0.62% U3O8 over 1.21m. A 1957 historic resource estimate indicated 620,700 pounds of U3O8 within the Horn and Jackpine zones.

Atomic Minerals (TSXV: ATOM) has closed the first tranche of its private placements, raising total gross proceeds of $401,499.98. This includes 2,350,000 NFT Units at $0.05 per unit ($117,500) and 4,733,333 FT Units at $0.06 per unit ($283,999.98). The company issued 7,083,333 Warrants exercisable at $0.10 per share until November 29, 2026. Finder's fees included 8% cash, 4% common shares, and 4% finder's warrants. Proceeds from FT Units will fund Canadian exploration in Saskatchewan, while NFT Units proceeds will support working capital.

Atomic Minerals (TSXV: ATOM) announces two non-brokered private placement financings: up to 34,000,000 non-flow-through units at $0.05 per unit for gross proceeds of up to $1,700,000, and up to 13,333,333 flow-through units at $0.06 per unit for gross proceeds of up to $800,000. Each unit includes one share and one transferable warrant exercisable at $0.10 for 2 years. The flow-through proceeds will fund Canadian exploration in Saskatchewan, while non-flow-through proceeds will support working capital. 8% finder's fees may apply.