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Atlas Salt Inc V.SALT

Alternate Symbol(s):  REMRF

Atlas Salt Inc. is a Canada-based mineral exploration company. The Company is engaged in the evaluation, exploration, development and production of industrial mineral properties in Newfoundland and Labrador. The Company’s principal asset is the Great Atlantic salt deposit project (Great Atlantic Salt Project), located in the St. George Basin of western Newfoundland. Its Gypsum Project is three kilometers (km) southwest of Great Atlantic salt deposit, which is an early-stage and open-pit production from the Ace deposit. Its Nepheline Syenite Property consists of a surface occurrence of nepheline syenite along the southern Labrador highway. The project is located approximately six km from tide water.


TSXV:SALT - Post by User

Post by jazzlistener2on Jul 11, 2022 1:31pm
216 Views
Post# 34815614

outside chance of buyout offer before agm

outside chance of buyout offer before agmif someone wanted the whole kit and kaboutel, salt deposit and domes , now would be the time before shareholders voted to spin triple point out, to make an offer. In one of the latest new releases, Atlas cautioned shareholders that the spin out was not a 100% thing and subject to change. I think the statement was meant to keep Atlas's options open in case there was that possibility.  Instead of voting for spinout, shareholders might be voting on a buyout offer. Remote as it may sound, there is that chance of happening.
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