Atomic Minerals Announces Share Consolidation and Debt Settlement Plan

Atomic Minerals Corporation ( (TSE:ATOM) ) has provided an update.

Atomic Minerals Corporation announced a consolidation of its common shares, reducing the number of shares from approximately 58.3 million to 29.2 million, effective August 7, 2025. This move aims to increase the company’s flexibility in seeking additional capital and attracting more investors, potentially aiding in financing and acquisition opportunities. Additionally, the company plans a debt settlement by issuing up to 7 million shares at $0.05 each to settle debts totaling up to $350,000, pending regulatory approvals.

More about Atomic Minerals Corporation

Atomic Minerals Corporation is a publicly listed exploration company on the TSX Venture Exchange, trading under the symbol ATOM. The company focuses on identifying exploration opportunities in geologically promising but previously overlooked regions, particularly for uranium. Their portfolio includes uranium projects in the Colorado Plateau in the United States, the Athabasca region in Saskatchewan, Canada, and the Mount Laurier property in Quebec, Canada.

Average Trading Volume: 142,080

Technical Sentiment Signal: Strong Sell

Current Market Cap: C$1.17M

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