04:26:14 EDT Sun 19 May 2024
Enter Symbol
or Name
USA
CA



Atomic Minerals Corp (2)
Symbol ATOM
Shares Issued 27,566,743
Close 2024-04-16 C$ 0.07
Market Cap C$ 1,929,672
Recent Sedar Documents

Atomic investor Bell acquires six million shares

2024-04-16 14:09 ET - News Release

Ms. Penilla Klomp reports

PRESS RELEASE FOR EARLY WARNING REPORT FILED PURSUANT TO NI 62-103

On April 15, 2024, Evan Bell (the acquiror) acquired securities of Atomic Minerals Corp. The acquiror has filed an early warning report advising of its holdings in the issuer.

The acquiror acquired beneficial ownership of a total of six million common shares of the issuer, which securities were acquired by the acquiror by way of an asset purchase agreement dated Feb. 27, 2024, as amended on April 8, 2024, with the issuer at a deemed price of 13.5 cents per share for deemed consideration of $810,000.

Immediately prior to the transaction, the acquiror held or had control over an aggregate nil common shares of the issuer, representing approximately 0 per cent of the issued and outstanding common shares of the issuer on an undiluted basis.

Immediately following the transaction, the acquiror holds or has control over an aggregate of six million common shares of the issuer, representing approximately 17.87 per cent of the issued and outstanding shares of the issuer calculated on a diluted basis.

The transaction resulted in an approximate 17.87-per-cent change in the acquiror's ownership or control over the common shares of the issuer.

The securities were acquired as consideration for the sale of an asset and for investment purposes under an exemption provided under National Instrument 45-106. The acquiror may, depending on market and other conditions, increase or decrease its beneficial ownership of the issuer in the future.

The issuer's head office is located at Suite 830, 1100 Melville St., Vancouver, B.C., V6E 4A6.

The acquiror is located at Box 228, La Ronge, Sask., S0J 1L0.

This press release is issued pursuant to early warning requirements of National Instrument 62-103, which also requires a report to be filed with regulatory authorities in each of the jurisdictions containing additional information with respect to the foregoing matters. A copy of the early warning report will appear with the issuer's documents under its profile on SEDAR+.

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