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Atomic Minerals Corp (2)
Symbol ATOM
Shares Issued 37,574,925
Close 2024-10-17 C$ 0.065
Market Cap C$ 2,442,370
Recent Sedar Documents

Atomic cheers B.C. Conservatives' nuclear energy plan

2024-10-17 14:14 ET - News Release

Mr. Clive Massey reports

ATOMIC MINERALS CORP. APPLAUDS BC CONSERVATIVE PARTY'S BOLD NUCLEAR ENERGY PLATFORM

Atomic Minerals Corp. has expressed its strong support for the energy platform announced by the Conservative Party of British Columbia, which promotes nuclear energy as a key component of British Columbia's future energy mix. The plan, unveiled by party leader John Rustad, outlines the party's intention to amend the Clean Energy Act to include nuclear power and support the deployment of small modular reactors (SMRs) by 2035.

The Conservative Party's platform highlights the importance of diversifying British Columbia's energy portfolio to include nuclear power as a sustainable and low-carbon option. This approach aligns closely with Atomic Minerals' strategic focus on uranium exploration and supports the broader adoption of nuclear energy to meet growing energy demands while reducing greenhouse gas emissions.

Clive Massey, chief executive officer of Atomic Minerals, praised the Conservative Party's energy strategy, stating: "We commend the Conservative Party of British Columbia and John Rustad for their forward-thinking approach to addressing the province's energy needs. The inclusion of nuclear energy in the platform reflects a responsible, long-term strategy that recognizes the critical role uranium will play in the transition to a cleaner energy future."

Mr. Rustad, leader of the Conservative Party of British Columbia, remarked: "British Columbians need a government that puts them first, not radical policies that jeopardize our energy future. The Conservative Party will make sure B.C. has the power it needs -- affordable, reliable and homegrown. It's time for leadership that's willing to face reality and take action to secure our energy future.

"It's time for an honest conversation about where our energy is going to come from," Mr. Rustad said. "British Columbians deserve the truth, not empty promises. The reality is, we cannot rely solely on renewable energy sources to meet our future needs, especially with the government forcing electrification mandates without a clear plan to increase power supply."

Saskatchewan property update

Further to the company's news releases on Feb. 5, 2024, March 6, 2024, and April 16, 2024, the company and the vendor have pushed back the payment date to Nov. 30, 2024, from Oct. 18, 2024, and increased the final cash payment from $100,000 to $125,000.

About Atomic Minerals Corp.

Atomic Minerals is a publicly listed exploration company on the TSX Venture Exchange, trading under the symbol ATOM, led by a highly skilled management and technical team with a proven record in the junior mining sector. Atomic Minerals' objective is to identify exploration opportunities in regions that have been previously overlooked but are geologically similar to those with previous uranium discoveries. These underexplored areas hold immense potential and are in stable geopolitical and economic environments.

Atomic Minerals' property portfolio contains uranium projects in three locations within North America, all of which have significant technical merit and/or are known for hosting uranium production in the past. Three of the properties are located on the Colorado plateau, an area that has previously produced 597 million pounds of U3O8 (triuranium octoxide). Six properties, comprising nine claims totalling 6,498 hectares, are located in Northern Saskatchewan: five within or proximal to the prolific Athabasca basin and a sixth that hosts a historic resource.

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