Mr. Clive Massey reports

ATOMIC MINERALS ANNOUNCES OPTION AGREEMENT TO ACQUIRE SASKATCHEWAN MINERAL CLAIMS

Atomic Minerals Corp. has entered into an option agreement dated April 9, 2025, amongst the legal and beneficial holder of two mineral claims totalling approximately 5,355 hectares located in the province of Saskatchewan. Pursuant to the option agreement, the vendor has granted the company the exclusive right to acquire a 100-per-cent interest in the property.

The Mozzie Lake project consists of two properties situated in the Pinkham Lake zone approximately 25 kilometres northeast of the Athabasca basin, located within the Charlebois-Higgingson Lake uranium district. Uranium mineralization on the properties is hosted within pegmatite intrusions. Two programs of diamond drilling in 1967 and 1968 identified a historic estimate of 208,300 tons grading 0.118 per cent triuranium octoxide, approximately 491,588 pounds of U3O8.

The historic estimate was disclosed in Kings Resources Company Exploration -- 1968 Permit 3 Area Athabasca Mining District, Saskatchewan, by B.G. Gislason and C.M. Trigg, dated November, 1968. The company feels the historic estimate is relevant because it speaks to the potential of the Mozzie Lake property and reliable as it was completed to the standards of the day by competent geologists. The historic estimate appears to be calculated from cross-sections, under the assumption that the pegmatite bodies hosting the mineralization are conformable with the enclosing rock. Only mineralized sections grading 0.05 per cent U308 or greater were included in the calculation. The historic estimates are classified as drill indicated, which would be comparable with an inferred resource. The company would need to twin a number of the 1967 and 1968 drill holes to move the historic estimate to an inferred resource.

Atomic Minerals cautions investors a qualified person has not done sufficient work to classify the historical estimate as current mineral resources and further cautions that the company is not treating the historical estimate as current mineral resources.

"We are very excited to announce the acquisition of an additional uranium property with pounds in the ground. This acquisition represents another step forward in our mission to build shareholder value as Atomic Minerals advances its uranium exploration portfolio across North America," stated Clive Massey, president and chief executive officer.

Transaction terms

To exercise the option and acquire a 100-per-cent interest in the property, subject to TSX Venture Exchange acceptance, the company must:

• Issue 5.5 million common shares to the vendor upon TSX-V approval of the option agreement; and
• Pay $50,000 in cash to the vendor within three years from the effective date of the option agreement.

The company also has the right (but not the obligation) to purchase a 3-per-cent net smelter return royalty held by an arm's-length third party by issuing 5.5 million consideration shares to the royalty holder, subject to TSX-V acceptance.

No finders' fees were paid on this arm's-length option agreement.

All securities issued in connection with the option agreement will be subject to a statutory hold period of four months plus a day from the date of issuance in accordance with applicable securities laws.

R. Tim Henneberry, PGeo (British Columbia), an adviser to the company, is the qualified person as defined under National Instrument 43-101. He has reviewed and approved the technical information of this news release.

About Atomic Minerals Corp.

Atomic Minerals is a publicly listed exploration company on the TSX-V, trading under the symbol ATOM, led by a highly skilled management and technical team with a proven record in the junior mining sector. Atomic's 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's property portfolio contains uranium projects in three locations within North America, all of which have 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 which has previously produced 597 million pounds of U3O8. Three others are in the prolific Athabasca basin region.

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