Mr. John Veltheer reports

ATOM TO DELIST FROM NEX

Atom Energy Inc. will apply to the TSX Venture Exchange to voluntarily delist from the NEX board.

Atom has recently been evaluating various options and alternatives to allow the company to expand its business activities. In the course of its review process, Atom's management has determined that in order to allow it to fully explore or secure these options or alternatives, the company will require more working capital than the rules of the exchange would permit it to raise through the issuance of securities.

Consequently, Atom has determined that continued listing on the NEX is not currently in the best interest of the company. In particular, by not being listed on the exchange, Atom believes it will be able to pursue the most beneficial transaction that may be available at a given time, without being subject to the rules and policies of a stock exchange that may hinder or delay a transaction, providing the company with the maximum amount of flexibility to structure a transaction to meet its current and future needs.

Subsequent to delisting, Atom will continue to be a reporting issuer in certain jurisdictions in Canada and remain subject to continuous disclosure requirements. If Atom is able to identify and complete a transaction (or series of transactions) that results in Atom expanding upon its business activities, it may consider, if deemed appropriate at the time, an application for relisting its common shares on a recognized stock exchange at a future date.

Pursuant to the policies of the exchange, in order to voluntarily delist the common shares from the facilities of the exchange, a majority of the holders of common shares, excluding those common shares held by officers or directors of Atom, must approve the delisting. Atom intends to seek this approval by way of written consent and does not intend to hold a shareholders meeting for this purpose at this time.

The delisting from the NEX is subject to the approval of the TSX-V.

Subject to the completion of the delisting, the company announces that it intends to undertake a non-brokered private placement of up to 12 million common shares of the company at a price of 25 cents per share. Proceeds from the private placement will be used for working capital and other corporate purposes.

We seek Safe Harbor.