Atlas Salt Inc. announced that Mr. Peter Newton has resigned as Chief Financial Officer after steering the Company?s financial operations during the initial transition to the new management team. The Company recognizes and thanks Mr. Newton for his valued contribution at this pivotal stage of the Company?s evolution. Mr. Michael Psihogios has been appointed the new Chief Financial Officer of the Company.

Michael will oversee Financial Management, Capital Structure, Investor Relations and Business Development and will work closely with the executive team to transform and unlock shareholder value for Atlas Salt in the construction, execution and financing of the Great Atlantic Salt Project. Michael Psihogios is an experienced financial executive working with public, private and investment companies in the natural resource industry over the past 20 years. Michael was the CFO of DUMAS Mining, an underground mine builder from 2016 to 2021, where he established the systems and controls for a successful financial turnaround and profitable growth strategy, while proactively ensuring access to financial capital across equity, debt, and asset-backed lenders.

Most recently (2021 to 2023), Michael was the Chief Investment Officer of Carbon Streaming, an investment company focused on royalties, streaming and long-term off-take investments, where he was responsible for structuring and negotiating transactions, alongside establishing on-going portfolio reporting and risk management systems. Prior to DUMAS Mining, Michael worked with an international natural resource private equity fund on numerous executive and corporate development secondment roles within portfolio companies, leading financial management and corporate development, including raising capital and the ultimate sale of each business. Of note, Michael was instrumental in financing and the sale of an integrated mineral sands mining and infrastructure operation in Africa. Michael started his career in investment banking with National Bank Financial in the M&A group.

He holds an MBA from the University of Toronto (Canada) and the University of St. Gallen (Switzerland).