Atlas Salt Announces Management Transition

Executive Summary

• Atlas Salt Inc. announced the resignation of Chief Financial Officer Jeff Kilborn for personal reasons.
• The Board has initiated a search for a successor, with senior management and the Board overseeing finance and accounting functions in the interim.
• The company acknowledged Kilborn's contributions to the Great Atlantic Salt Project and the Company's corporate and financing initiatives during his tenure.

Key Details

• Resigning Executive: Jeff Kilborn, Chief Financial Officer
• Reason for Departure: Personal reasons
• Interim Oversight: Finance and accounting functions will continue under the direct oversight of senior management and the Board of Directors
• Successor Search: The Company has commenced a formal process to identify a successor CFO
• Tenure Focus: Supported the advancement of the Great Atlantic Salt Project and managed corporate and financing initiatives

Notable Quotes

• Nolan Peterson, CEO: "On behalf of the Board and the entire Atlas Salt team, I would like to sincerely thank Jeff for his professionalism, leadership and commitment to the Company. We are grateful for the contributions he has made during a significant period in Atlas Salt's evolution and wish him every success in his future endeavors."
• Jeff Kilborn, Former CFO: "It has been a privilege to serve as Chief Financial Officer of Atlas Salt and to work alongside such a talented team. I am proud of what we have accomplished together and look forward to following the Company's continued success as it advances the Great Atlantic Salt Project."