Atomic arranges $600,000, concurrent $1.2M placements

Executive Summary

• Atomic Minerals Corp. announced a combined capital raise of up to $1.8 million through two concurrent non-brokered private placements: a Listed Issuer Financing Exemption (LIFE) offering of up to $600,000 and a concurrent private placement of up to $1.2 million.
• The company adopted a shareholder rights plan (poison pill) effective October 14, 2025, designed to protect against unsolicited takeover bids and creeping acquisitions, pending shareholder ratification at the upcoming Annual General Meeting.
• The company engaged Independent Trading Group as a market maker to improve liquidity on the TSX Venture Exchange, with a monthly fee of $6,000 plus GST.

Key Details

• Financing Structure:
  • LIFE Offering: Up to 12 million units at $0.05 per unit for gross proceeds of up to $600,000. Available to Canadian residents (except Quebec). No hold period.
  • Concurrent Private Placement: Up to 24 million units at $0.05 per unit for gross proceeds of up to $1.2 million. Available to Canadian residents. Subject to a statutory hold period ending four months and one day after closing.
  • Total Gross Proceeds: Up to $1.8 million.
• Security Terms:
  • Each unit consists of one common share and one-half of one common share purchase warrant.
  • Warrants are exercisable at $0.10 per share for 12 months.
  • Warrants from the LIFE offering have a 60-day lock-up period before exercise.
  • Finder’s fees range from 5% to 8% cash plus finder warrants equal to up to 8% of units sold.
• Use of Proceeds:
  • Financing exploration activities at uranium projects in Saskatchewan (Mozzie Lake) and the Colorado Plateau region of the United States.
  • General administrative expenses.
• Shareholder Rights Plan:
  • Effective date: October 14, 2025.
  • Trigger: Acquisition of beneficial ownership of 20% or more of voting securities without complying with permitted bid provisions.
  • Ratification: Required at the Annual General Meeting scheduled for November 21, 2025.
  • Conditional approval received from TSX-V.
• Market Making:
  • Engaged Independent Trading Group (ITG) to provide market-making services on the TSX-V.
  • Compensation: $6,000 plus GST per month, payable in advance.
  • Term: Initial one month, renewable monthly, terminable with 30 days' notice.
  • No performance factors or equity compensation for ITG.

Notable Quotes

• "We continue to advance our Saskatchewan and U.S.-based uranium projects at a time when domestic uranium supply remains a strategic priority. This financing will strengthen our ability to carry out the next phase of exploration at the Mozzie Lake project and the Colorado Plateau projects. We appreciate the ongoing support of our shareholders as we work to unlock value across our portfolio." — Clive Massey, President and CEO