Atlas Salt signs strategic MOU with Hatch as lead engineering and IPD partner for the Great Atlantic Salt Project
November 12, 2025
St. John's, Newfoundland and Labrador – November 1, 2025 - Atlas Salt Inc. (“Atlas Salt” or the “Company”) (TSXV: SALT; OTCQB: REMRF) announces that it has signed a comprehensive non-binding Memorandum of Understanding (“MOU”) with Hatch Ltd. (“Hatch”) establishing Hatch as the Lead Engineering Partner and Integrated Project Delivery (“IPD”) Partner for the Great Atlantic Salt Project (the “Project”).
Hatch brings over seven decades of global experience designing and delivering some of the world’s largest underground soft-rock mines and has a strong presence in Newfoundland and Labrador. Their mandate within the Project is to integrate all engineering disciplines under an IPD framework, aligning safety, design efficiency, and execution certainty with Atlas Salt’s development strategy.
Nolan Peterson, CEO of Atlas Salt, stated:
“Hatch’s addition to our Integrated Project Delivery team is a pivotal milestone for the Great Atlantic Salt Project. Their proven track record in large-scale soft-rock mining, combined with their strong Newfoundland presence and commitment to safety and sustainability, provides Atlas with the confidence that our project will be engineered to the highest global standards.”
Mike Watters, Global Lead, Mine Infrastructure of Hatch, stated:
“We are honoured to partner with Atlas Salt on this important project for Newfoundland and Labrador. By applying our integrated project delivery model, digital engineering tools, and commitment to community engagement, Hatch will help ensure the Great Atlantic Salt Project is delivered safely, efficiently, and sustainably.”
For further information and ongoing updates, please visit https://atlassalt.com.
The scientific and technical information contained in this news release has been approved by Andrew Smith, P.Eng., ICD.D, Project Director and General Manager, who is a “Qualified Person” for the purposes of NI 43-101.
Hatch is a global engineering, project delivery, and professional services firm. Whatever our clients envision, our teams can design and build. With over six decades of business and technical experience in the mining, energy, and infrastructure sectors, we know your business and understand that your challenges are changing rapidly. We respond quickly with solutions that are smarter, more efficient and innovative. We draw upon our 10,000 staff with experience in more than 150 countries to challenge the status quo and create positive change for our clients, our employees, and the communities we serve.
Find out more on www.hatch.com/About-Us
Atlas Salt is developing Canada’s next salt mine and is committed to responsible and sustainable mining practices. With a focus on innovation and efficiency, the company is poised to make significant contributions to the North American salt market while upholding its values of environmental stewardship and community engagement.
For information, please contact:
Jeff Kilborn, CFO & VP Corporate Development
investors@atlassalt.com
(709) 275-2099
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