Mr. Rick LaBelle reports

ATLAS SALT ANNOUNCES SECURITY BASED COMPENSATION GRANT

Atlas Salt Inc.'s board of directors has approved the grant of 890,000 restricted share units and 1.56 million performance share units to certain directors and officers of the company. All security-based compensation was granted pursuant to the company's equity incentive plan, and is subject to shareholder approval, the terms of the applicable grant agreements and the requirements of the TSX Venture Exchange.

About Atlas Salt Inc.

Bringing the power of salt to investors: Atlas Salt owns 100 per cent of the Great Atlantic salt deposit strategically located in western Newfoundland in the middle of the robust eastern North America road salt market. The project features a large homogeneous high-grade resource located immediately next to a deepwater port. Atlas is also the largest shareholder in Triple Point Resources as it pursues development of the Fischell's Brook salt dome approximately 15 kilometres south of Great Atlantic in the heart of an emerging clean energy hub.

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