Mr. Gregory Isenor reports

ATLANTIC INDUSTRIAL MINERALS $350,000 PRIVATE PLACEMENT

Atlantic Industrial Minerals Inc. will proceed with a private placement of up to $350,000.

Private placement

Atlantic Industrial is proceeding with a non-brokered private placement of up to $350,000 composed of up to 4,666,666 common shares at a price of 7.5 cents per share. The proceeds from the placement will be used for exploration on the Reefton gold project, New Zealand, continued exploration of the Glencoe-Kewstoke limestone project and general corporate purposes. The placement is subject to regulatory approval. The directors of the company may participate in this placement. Commissions and/or finders' fees may be paid in connection with this placement.

We seek Safe Harbor.