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<p class="auto-style2">WALL STREET NEWS </p>
<p class="auto-style10"><strong>BREAKING NEWS FIRST </strong></p>
<p class="auto-style10">ATLAS SALT INC</p>
<p class="auto-style10">TSXV SALT - OTCQB REMRF</p>
<p class="auto-style95">Atlas Drills Into Thick Salt Bed in Easternmost Hole at
Great Atlantic </p>
<table align="center" class="auto-style1" style="width: 40%">
<tr>
<td>
<p class="auto-style99" style="box-sizing: border-box; margin-top: 0px; margin-bottom: 1em; color: rgb(94, 100, 106); font-family: "Open Sans", sans-serif; font-size: 16px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">
<strong>Atlas is rapidly advancing its 100%-owned Great Atlantic Salt
Project through the Feasibility Stage as an environmentally friendly
state-of-the-art “Salt Factory” in western Newfoundland.</strong></p>
<p style="box-sizing: border-box; margin-top: 0px; margin-bottom: 0px; color: rgb(94, 100, 106); font-family: "Open Sans", sans-serif; font-size: 16px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 500; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">
<span>SLR Consulting (Canada) Ltd. (SLR) has advised Atlas that it is on
track to provide the results of a Preliminary Economic Assessment (PEA)
of the Great Atlantic Project during the second half of January, 2023.
This independent economic assessment is a prelude to the Feasibility
Study and will describe the current economic valuation for the project
subject to refinement in the final Feasibility Study expected during
this first half of 2023.</span></p>
<p style="box-sizing: border-box; margin-top: 0px; margin-bottom: 0px; color: rgb(94, 100, 106); font-family: "Open Sans", sans-serif; font-size: 16px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 500; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">
</p>
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<a href="http://wallstreetresearch4.com/jp.php/2298375/1057655/37738446/074f590f" target="_blank">WEBSITE </a>
<a href="http://wallstreetresearch4.com/jp.php/2298375/1057655/37738469/074f590f" target="_blank">NEWS</a>
<a href="http://wallstreetresearch4.com/jp.php/2298375/1057655/37738492/074f590f" target="_blank">BUSINESS MODEL</a> <a href="http://wallstreetresearch4.com/jp.php/2298375/1057655/37738515/074f590f" target="_blank">
MANAGEMENT TEAM </a>
<a href="http://wallstreetresearch4.com/jp.php/2298375/1057655/37738538/074f590f" target="_blank">VIDEOS</a></p>
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<a href="http://wallstreetresearch4.com/jp.php/2298375/1057655/37738561/074f590f">
<img class="auto-style98" src="https://api.wsj.net/api/kaavio/charts/big.chart?nosettings=1&symb=remrf&uf=0&type=2&size=2&sid=210674763&style=330&freq=1&entitlementtoken=0c33378313484ba9b46b8e24ded87dd6&time=6&rand=1205519534&compidx=aaaaa%3a0&ma=0&maval=9&lf=1&lf2=0&lf3=0&height=335&width=579&mocktick=1" /></a></p>
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Atlas Drills Into Thick Salt Bed in Easternmost Hole at Great Atlantic</h3>
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<p align="justify" style="box-sizing: border-box; margin: 20px 0px;">
ST. JOHN’S, Newfoundland and Labrador, Jan. 11, 2023 (GLOBE
NEWSWIRE) --<span> </span><strong style="box-sizing: border-box; font-weight: bold;">Atlas
Salt<span> </span>(the “Company” or “Atlas” - TSXV: SALT;<span> </span>OTCQB:
REMRF<span> </span></strong>), 100% owner of North America’s premier
undeveloped high-grade salt project, has intersected a thick bed of
salt in the easternmost drill hole at Great Atlantic.<br style="box-sizing: border-box;" />
</p>
<p align="justify" style="box-sizing: border-box; margin: 20px 0px;">
Drill hole CC-9 cut a gross interval of salt over 333 meters (1,092
feet) starting from a depth of 243 meters. The drill hole was
collared 250 meters east of CC-4 and is anticipated to be the last
drill hole for resource classification purposes subject to final
analytical results pursuant to the ongoing Feasibility Study.</p>
<p align="justify" style="box-sizing: border-box; margin: 20px 0px;">
Mr. Rowland Howe, Atlas President, commented: “This step-out drill
hole adds an exclamation mark to the work completed to date and
further demonstrates the scale of this massive homogeneous deposit
that begins at unusually shallow depths compared to operating
underground mines in the sector. Great Atlantic has extraordinary
advantages, all the attributes to become a state-of-the-art ‘Salt
Factory’ and a disruptive asset in the heart of the eastern North
America road salt market.”</p>
<p align="justify" style="box-sizing: border-box; margin: 20px 0px;">
<strong style="box-sizing: border-box; font-weight: bold;">
Preliminary Economic Assessment</strong></p>
<p align="justify" style="box-sizing: border-box; margin: 20px 0px;">
SLR Consulting (Canada) Ltd. (SLR) has advised Atlas that it is on
track to provide the results of a Preliminary Economic Assessment
(PEA) of the Great Atlantic Project during the second half of
January, 2023. This independent economic assessment is a prelude to
the Feasibility Study and will describe the current economic
valuation for the project subject to refinement in the final
Feasibility Study expected during this first half of 2023.</p>
<p align="justify" style="box-sizing: border-box; margin: 20px 0px;">
<strong style="box-sizing: border-box; font-weight: bold;">New Atlas
Website</strong></p>
<p align="justify" style="box-sizing: border-box; margin: 20px 0px;">
Atlas Salt is pleased to unveil its new corporate website,<span> </span><a href="http://wallstreetresearch4.com/jp.php/2298375/1057655/37738584/074f590f" rel="nofollow" style="box-sizing: border-box; color: rgb(11, 115, 190); text-decoration: underline; cursor: pointer; font-family: inherit; font-size: inherit;" target="_blank"><font color="red"><b>MailScanner has detected a possible fraud attempt from "wallstreetresearch4.com" claiming to be</b></font> www.AtlasSalt.com<span> </span></a>,
with a clean, crisp, modern look optimized for a mobile user
experience designed with SEO best practices in mind. The new website
will assist the company’s upcoming campaign to introduce the Atlas
story to international investors.</p>
<p align="justify" style="box-sizing: border-box; margin: 20px 0px;">
<strong style="box-sizing: border-box; font-weight: bold;">Corporate
Video</strong></p>
<p align="justify" style="box-sizing: border-box; margin: 20px 0px;">
Click on the following link to view the company’s latest corporate
video:</p>
<p align="justify" style="box-sizing: border-box; margin: 20px 0px;">
<a href="http://wallstreetresearch4.com/jp.php/2298375/1057655/37738607/074f590f" rel="nofollow" style="box-sizing: border-box; color: rgb(11, 115, 190); text-decoration: underline; cursor: pointer; font-family: inherit; font-size: inherit;" target="_blank"><font color="red"><b>MailScanner has detected a possible fraud attempt from "wallstreetresearch4.com" claiming to be</b></font>
https://youtu.be/RlH5--Q2Vu0</a></p>
<p style="box-sizing: border-box; margin: 20px 0px;">
<strong style="box-sizing: border-box; font-weight: bold;">Interview
With Rowland Howe</strong></p>
<p align="justify" style="box-sizing: border-box; margin: 20px 0px;">
<em style="box-sizing: border-box;">“Why shouldn’t it become the
biggest and best underground salt mine in the world?”<span> </span></em>:
Atlas Salt President Rowland Howe discusses Great Atlantic –<span> </span><strong style="box-sizing: border-box; font-weight: bold;">click
on the link below to view<span> </span></strong>.</p>
<p style="box-sizing: border-box; margin: 20px 0px;">
<a href="http://wallstreetresearch4.com/jp.php/2298375/1057655/37738630/074f590f" rel="nofollow" style="box-sizing: border-box; color: rgb(11, 115, 190); text-decoration: underline; cursor: pointer; font-family: inherit; font-size: inherit;" target="_blank"><font color="red"><b>MailScanner has detected a possible fraud attempt from "wallstreetresearch4.com" claiming to be</b></font>
https://www.youtube.com/watch?v=9M1SmCmtLlE</a></p>
<p style="box-sizing: border-box; margin: 20px 0px;">
<strong style="box-sizing: border-box; font-weight: bold;">Project
Map</strong></p>
<p align="justify" style="box-sizing: border-box; margin: 20px 0px;">
<a href="http://wallstreetresearch4.com/jp.php/2298375/1057655/37738653/074f590f">
<img alt="Project Map" data-mce-src="/api/ImageRender/DownloadFile?resourceId=7edbecd6-3e78-4772-a38e-c9bd1ac71712&size=3" height="300" name="GNW_RichHtml_External_IMG" src="https://ml.globenewswire.com/Resource/Download/7edbecd6-3e78-4772-a38e-c9bd1ac71712" style="box-sizing: border-box; border: 0px; vertical-align: middle; height: auto; max-width: 100%; display: block; margin: 10px 0px;" width="537" /></a><br style="box-sizing: border-box;" />
<a href="http://wallstreetresearch4.com/jp.php/2298375/1057655/37738653/074f590f"><font color="red"><b>MailScanner has detected a possible fraud attempt from "wallstreetresearch4.com" claiming to be</b></font>
https://ml.globenewswire.com/Resource/Download/7edbecd6-3e78-4772-a38e-c9bd1ac71712</a>
Image Address </p>
<p align="justify" style="box-sizing: border-box; margin: 20px 0px;">
<strong style="box-sizing: border-box; font-weight: bold;">Qualified
Person</strong></p>
<p align="justify" style="box-sizing: border-box; margin: 20px 0px;">
Patrick J. Laracy, P.Geo, and CEO, is the Qualified Person
responsible for the technical contents of this news release as
defined in National Instrument 43-101.</p>
<p align="justify" style="box-sizing: border-box; margin: 20px 0px;">
<strong style="box-sizing: border-box; font-weight: bold;">About
Atlas Salt</strong></p>
<p align="justify" style="box-sizing: border-box; margin: 20px 0px;">
<strong style="box-sizing: border-box; font-weight: bold;">
<em style="box-sizing: border-box;">Bringing the Power of SALT to
Investors:<span> </span></em></strong>Atlas Salt owns 100% of the
Great Atlantic salt deposit strategically located in western
Newfoundland in the middle of the robust eastern North America road
salt market. The project features a large homogeneous high-grade
resource located immediately next to a deep water port. Atlas is
also the largest shareholder in Triple Point Resources as it pursues
development of the Fischell’s Brook Salt Dome in the heart of an
emerging Clean Energy Hub on the west coast of Newfoundland.</p>
<p align="justify" style="box-sizing: border-box; margin: 20px 0px;">
We seek Safe Harbor.</p>
</div>
<p align="justify" style="box-sizing: border-box; margin: 20px 0px; color: rgb(51, 51, 51); font-family: "Helvetica Neue", Helvetica, Arial, sans-serif; font-size: 14.04px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">
<strong style="box-sizing: border-box; font-weight: bold;">
Forward-Looking Statements</strong></p>
<p align="justify" style="box-sizing: border-box; margin: 20px 0px; color: rgb(51, 51, 51); font-family: "Helvetica Neue", Helvetica, Arial, sans-serif; font-size: 14.04px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">
<em style="box-sizing: border-box;">Certain information contained herein
constitutes forward-looking information or statements (“forward looking
statements”) under applicable securities legislation and rules.
Generally, forward-looking information can be identified by the use of
forward-looking terminology such as “will be”, or variations of such
words and phrases or statements that certain actions, events or results
“will” occur. All statements within, other than statements of historical
fact, are to be considered forward looking. Although the Company
believes the expectations expressed in such forward-looking statements
are based on reasonable assumptions, such statements do not guarantee
future performance and actual results or developments may differ
materially from those in forward-looking statements. There can be no
assurances that such statements will prove accurate and, therefore,
readers are advised to rely on their own evaluation of such
uncertainties. We do not assume any obligation to update any
forward-looking statements except as required under the applicable laws.</em></p>
<p align="justify" style="box-sizing: border-box; margin: 20px 0px; color: rgb(51, 51, 51); font-family: "Helvetica Neue", Helvetica, Arial, sans-serif; font-size: 14.04px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">
<strong style="box-sizing: border-box; font-weight: bold;">TSX Venture
Exchange Disclaimer</strong></p>
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<em style="box-sizing: border-box;">Neither the TSX Venture Exchange nor
its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the
adequacy or accuracy of this release.</em></p>
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