M&A / Property
Atomic Minerals Expands Mozzie Lake Holdings, Saskatchewan, and Welcomes Mr. Jody Dahrouge to its Advisory Board

ATOM · Price
Executive Summary
- Atomic Minerals acquired five additional claims (20,743.5 ha) expanding the Mozzie Lake project to 26,073.5 ha, enhancing its uranium exploration potential in northern Saskatchewan.
- The transaction includes a $20,000 cash payment, issuance of 2,000,000 consideration shares, 1,000,000 warrants at $0.10 exercised over two years, and a 2% gross overriding royalty on future production.
- Mr. Jody Dahrouge was appointed to the Company’s Advisory Board, bringing over 30 years of senior‑level exploration experience.
Key Details
- Acquired Claims: 5 claims totaling 20,743.5 ha; total Mozzie Lake footprint now 26,073.5 ha.
- Historical Context: 1967‑68 diamond drilling estimated 208,300 t at 0.118 % U₃O₈ (≈491,588 lb U₃O₈); classified as drill‑indicated (comparable to inferred).
- Consideration – Cash: $20,000 payable within five business days of TSXV approval (Closing).
- Consideration – Shares: 2,000,000 fully‑paid, non‑assessable common shares issued to DGRM at Closing.
- Consideration – Warrants: 1,000,000 warrants issued to DGRM, exercisable at $0.10 per share for two years from Closing.
- Royalty: 2% gross overriding royalty on future production proceeds from the acquired claims granted to DGRM.
- Advisory Board Appointment: Mr. Jody Dahrouge, B.Sc., Sp.C., P.Geo., joins effective immediately; former President/COO of Fission Energy Corp.; extensive uranium and base‑metal exploration background.
- Quotes:
- “Atomic's management is extremely pleased to have someone with the depth of knowledge that Mr. Dahrouge has joining our Advisory Board…” – Clive Massey, President & CEO.
- “I'm excited about the opportunity to work with Atomic's technical team and assist with advancing their projects…” – Jody Dahrouge.
Notable Quotes
- Clive Massey (President & CEO): “Atomic's management is extremely pleased to have someone with the depth of knowledge that Mr. Dahrouge has joining our Advisory Board. He will be a very good resource as we continue to advance our exploration assets.”
- Jody Dahrouge: “I'm excited about the opportunity to work with Atomic's technical team and assist with advancing their projects not only in the Athabasca but with their U.S. projects as well.”
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Apr 22, 2026 · 07:31