Atlas Salt Inc (SALT)

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Atlas Salt Inc REMRF:OTCQB

Atlas Upgrades American Listing
GlobeNewswire
9:42 AM ET

Atlas Upgrades American ListingGlobeNewswireOctober 11,
2022ST. JOHN'S, Newfoundland and Labrador, Oct. 11, 2022
(GLOBE NEWSWIRE) -- Atlas Salt Inc. (TSXV: SALT) (OTCQB:
REMRF) (the "Company" or "Atlas Salt") is pleased to
announce that its common shares are now DTC service eligible
for electronic clearing and settlement through the
Depository Trust Company ("DTC") in the United
States.

DTC is a subsidiary of the
Depository Trust & Clearing Corporation, a U.S. company that
manages the electronic clearing and settlement of publicly
traded companies. Securities that are eligible to be
electronically cleared and settled through DTC are
considered to be "DTC eligible".

With DTC
eligibility, existing investors benefit from potentially
greater liquidity and execution speeds. This also opens the
door to new investors that may have been previously
restricted from the company's common shares and greatly
simplifies the process of trading common shares in the
United States.

Atlas also recently upgraded
from the OTC Pink Market to the OTCQB(R) Venture Market
("REMRF") to complement its TSX Venture listing under the
symbol "SALT".

Mr. Rowland Howe, Atlas
President, commented: "As we prepare to bring more American
and global awareness to the premier undeveloped salt project
in North America, DTC eligibility combined with our recent
upgrade to the OTCQB represents Atlas' commitment to
increasing visibility and accessibility for existing
shareholders in the United States and potential new
investors there."

Mr. Howe added, "We look
forward to soon providing investors with a significant Great
Atlantic Project update. More than ever it's apparent that
Great Atlantic has the potential to become a crown jewel in
the heart of the robust North American road salt sector in
the midst of a domestic production
shortfall."

Rowland Howe Interview
Clip

Atlas Salt President discusses the
Great Atlantic Project from Western Newfoundland - click on
the link below to
view.