Result of Director Subscription

(AIM:SALT) MicroSalt plc announced the result of a Director Subscription in which certain Directors and PDMRs have conditionally subscribed for a total of 1,079,466 Director Subscription Shares at an issue price of 14 pence per Ordinary Share. The gross proceeds from the Director Subscription are approximately £151,000 / US$202,000 before expenses. Each Director Subscription Share will have one Fundraising Warrant attached, totaling 1,079,466 Fundraising Warrants, with each warrant entitling the holder to subscribe for one Warrant Share at an exercise price of 14 pence. The Director Subscription is conditional upon shareholder approval of the Resolutions at the General Meeting scheduled for 11:00 a.m. on 2 October 2026 and on Admission. Admission of the Fundraising Shares to trading on AIM is expected to become effective, and dealings are expected to begin, at 8:00 a.m. on 5 October 2026. Judith Batchelar (Chair) subscribed for 214,286 shares for £30,000.04 and will hold 329,532 shares (0.42% of enlarged share capital) after Admission. Gary Urmston (Interim CFO) subscribed for 357,143 shares for £50,000.02 and will hold 472,389 shares (0.60%). Javier Contreras (PDMR) subscribed for 267,523 shares for £37,453.22 and will hold 323,807 shares (0.41%). Mario Habre (PDMR) subscribed for 160,514 shares for £22,471.96 and will hold 160,514 shares (0.21%). Dan Emery (NED) subscribed for 80,000 shares for £11,200.00 and will hold 102,222 shares (0.13%). The total subscription amount from all Directors and PDMRs is £151,125.24. The expected total shares in issue following Admission will be 78,202,719. The financial instrument involved is Ordinary shares of GBP0.001625 with ISIN GB00BQB6FF85. The transaction date is 2 October 2026, and the place of the transaction is London Stock Exchange AIMX.

Result of Subscription

(AIM:SALT) MicroSalt Plc has announced the successful closing of its Subscription, the primary component of its Fundraising, which was significantly over-subscribed. The Subscription has conditionally raised gross proceeds of approximately £1.3 million / US$1.7 million (before expenses) through the issuance of 9,213,858 Subscription Shares at 14 pence per Ordinary Share. Each Fundraising Share, including Subscription Shares, proposed Director Subscription Shares, and Retail Offer Shares, will have one Fundraising Warrant attached, conditionally entitling the holder to subscribe for one new Ordinary Share at an exercise price of 14 pence per Warrant Share, exercisable for three years following Admission. The Fundraising Warrants will not be admitted to trading on AIM. The Director Subscription is expected to raise approximately £140,000 / US$180,000, resulting in expected total gross proceeds of £1.4 million. Existing shareholders who have not participated in the Subscription or Director Subscription are offered the opportunity to subscribe for up to 714,285 Retail Offer Shares at the Issue Price, to raise up to £100,000 (before expenses), via the Bookbuild Platform. The Retail Offer is expected to open at 8.00 a.m. on 25 September 2026 and close at 5.00 p.m. on 29 September 2026. Neither the Subscription nor the Director Subscription is conditional on the Retail Offer proceeding or on any minimum take-up under the Retail Offer. The Ordinary Shares entered a Capital Access Window at 7.30 a.m. on 10 September 2026, which will cease at 2.00 p.m. on 24 September 2026, after which trading in the Ordinary Shares will resume. Admission of the 11,077,468 Conversion Shares to trading on AIM is expected to become effective, and dealings in the Conversion Shares are expected to commence, at 8.00 a.m. on 25 September 2026. The expected timetable includes the announcement of the Subscription result and closure of the Capital Access Window at 2:00 p.m. on 24 September, launch of the Retail Offer at 8.00 a.m. on 25 September, announcement of Interim Results at 7:00 a.m. on 29 September, announcement of any Director Subscriptions by 3:00 p.m. on 29 September, latest time for receipt of proxy votes at 11:00 a.m. on 30 September, General Meeting at 11:00 a.m. on 2 October, announcement of General Meeting results on 2 October, and admission and commencement of dealings in the Fundraising Shares on AIM at 8:00 a.m. on 5 October. CREST accounts are expected to be credited with Fundraising Shares and Fundraising Warrants in uncertificated form on 5 October, and dispatch of definitive share certificates is expected within 10 business days of Admission. Rick Guiney is CEO and Gary Urmston is Interim CFO of MicroSalt Plc.

Atlas Salt's Financing Letters of Interest Exceed $300 Million Following Further Export Credit Agency and Sandvik Support

(TSXV: SALT) Atlas Salt Inc. announces it has advanced its Memorandum of Understanding with Sandvik into a non-binding Letter of Interest for equipment financing of up to approximately C$79 million for the Great Atlantic Salt Project in Newfoundland and Labrador. Approximately C$45 million of this is attributable to capital equipment, with the balance available to support equipment leasing during the initial years of operations. The company has also received a non-binding Letter of Interest from a new leading export credit agency for up to C$75 million, supported by qualifying export interest arising from the anticipated supply of Sandvik mining equipment. Together with the previously announced Letter of Interest from Export Development Canada for up to C$150 million, aggregate financing Letters of Interest for the Project now exceed approximately C$300 million. The company is pursuing approximately C$350 million to C$400 million of senior secured debt, with the potential for additional subordinate debt, anchored by the Updated Feasibility Study released on September 30, 2025. The Updated Feasibility Study delivered an after-tax NPV₈ of C$920 million, a post-tax IRR of 21.3%, a 4.2-year payback at a steady-state production rate of 4.0 million tonnes per annum, and approximately C$188 million in average annual after-tax free cash flow over a 25-year mine life. The Project is expected to produce 4.0 million tonnes of road salt annually for the import-dependent Eastern Canadian and U.S. Northeast markets. Great Atlantic's annual Scope 1 emissions are anticipated to equal just four Newfoundland households.

Atlas Salt Enters MOU with CN to Evaluate Logistics Opportunities to Optimize Great Atlantic Salt Project Economics

(TSXV:SALT) Atlas Salt Inc. announced that it has entered into a non-binding Memorandum of Understanding (the "MOU") with CN to explore multi-modal rail solutions for the distribution of de-icing salt from the Company's Great Atlantic Salt Project in Newfoundland and Labrador. The MOU aims to assess how integrating rail logistics can reduce the Project's delivered salt costs, expand its addressable market, and ultimately improve the Project's economics relative to the Updated Feasibility Study. Under the MOU, Atlas Salt and CN intend to explore rail movement of de-icing salt on lanes served by CN's network, railcar supply and equipment solutions, and transload arrangements linking Atlas Salt's marine distribution with CN's inland rail network and logistics partnerships. The MOU establishes a framework for the parties to jointly evaluate the use of CN's bulk-freight rail network and ancillary logistics relationships to complement Atlas Salt's marine-centric logistics model. Rail is evolving into a significant component of Atlas Salt's broader multimodal distribution strategy, which the Company continues to optimize to reduce delivered cost, expand its addressable market, and potentially expand profitability. In the Company's updated feasibility study for the Project, delivery port to final customer distribution was contemplated to be completed almost entirely by trucking, and transitioning much of this distribution to rail has the potential to significantly improve project economics. The MOU is non-binding and does not commit either party to enter into a definitive agreement.

Market One: Atlas Salt Advances Eastern North America's First Major New Salt Mine in Decades

(TSXV:SALT) (OTCQX:SALQF) Atlas Salt Inc. reviewed its Great Atlantic Salt Project, a shallow, high-purity salt deposit two kilometres from a deepwater port in Newfoundland, including a 2025 updated feasibility study projecting C$188 million in average annual post-tax free cash flow. The company is advancing its Great Atlantic Salt Project toward construction in Newfoundland. The feasibility study projects C$188 million in average annual post-tax free cash flow. Atlas Salt Inc. aims to become eastern North America's first major new salt mine in decades. The article highlights Atlas Salt's freight and cost advantages in serving the North American de-icing market, noting the continent imports millions of tonnes of road salt annually. Atlas Salt Inc. is committed to responsible and sustainable mining practices. The company focuses on innovation and efficiency while upholding values of environmental stewardship and community engagement.

Atlas Salt Receives Letter of Interest from Export Development Canada up to C$150M for the Great Atlantic Salt Project Financing

(TSXV: SALT) (OTCQX: SALQF) Atlas Salt Inc. announced that it has received a Letter of Interest from Export Development Canada ("EDC") stating its interest in providing long term debt financing of up to C$150M, as Mandated Lead Arranger, for the Great Atlantic Salt Project, located near St. George's, Newfoundland and Labrador. The Company is pursuing approximately C$350 million to C$400 million of senior secured debt, anchored by the Updated Feasibility Study ("UFS") released on September 30, 2025. The UFS delivered an after-tax NPV₈ of C$920 million, a post-tax IRR of 21.3%, a 4.2-year payback at a steady-state production rate of 4.0 million tonnes per annum, and approximately C$188 million in after-tax free cash flow over a 25-year mine life. The Letter of Interest is non-binding and does not constitute a commitment to provide financing, with any participation by EDC subject to completion of due diligence, credit approval, and negotiation of definitive agreements. Atlas Salt continues to advance project financing with the support of its financial advisor, Endeavour Financial, and has received indications of interest from prospective lenders, vendor-financing counterparties, and strategic financing partners across multiple jurisdictions. The company projects that it will be able to obtain all required approvals for the Great Atlantic Salt Project and the marketing engagement. All discussions remain non-binding, and there can be no assurance that any financing will be completed on the terms contemplated, or at all.

Atlas Salt Provides Construction, Permitting and Corporate Update on the Great Atlantic Salt Project

(TSXV:SALT) (OTCQX:SALQF) Atlas Salt Inc. announced an update on construction, permitting, and financing progress at the Great Atlantic Salt Project. The Project has advanced into active site construction, with On Grade Construction and other contractors mobilized and Early Works construction underway. The Town of St. George's issued a Development Permit on April 30, 2026, authorizing the full Early Works scope under a single permit. Atlas Salt is pursuing approximately $350 million to $400 million of senior secured debt, supported by an Updated Feasibility Study released on September 30, 2025, which delivered an after-tax NPV8 of $920 million, a post-tax IRR of 21.3%, a 4.2-year payback at a steady-state production rate of 4.0 million tonnes per annum, and approximately $188 million in after-tax free cash flow over a 25-year mine life. The company has engaged Outside The Box Capital Inc. for marketing services at a total cost of $150,000 plus applicable taxes for a six-month term. The engagement of Outside The Box Capital remains subject to TSX Venture Exchange approval. The company projects that the streamlined permitting process will significantly reduce administrative permitting overhead for the entire project in the coming years.

Atlas Salt Announces Closing of $15 Million Bought Deal LIFE Offering

(TSXV:SALT) Atlas Salt Inc. has closed its bought deal offering of common shares, raising aggregate gross proceeds of C$15,153,600. The Offering consisted of 12,628,000 Common Shares at a price of C$1.20 per Common Share, issued pursuant to National Instrument 45-106 - Prospectus Exemptions. The Offering included an underwriters' option to purchase up to an additional 1,079,000 Common Shares at the Offering Price, which was exercised in part for 128,000 Common Shares. The Company has paid the Underwriters an aggregate cash consideration of $929,216. The net proceeds will be used for early works and site preparation activities, detailed engineering and mine development planning, advancement of permitting and environmental workstreams, procurement planning and equipment studies, and advancement of project financing initiatives in connection with the Great Atlantic Salt Project, as well as for general corporate and working capital purposes. The Common Shares issued under the Listed Issuer Financing Exemption are not subject to a hold period in accordance with applicable Canadian securities laws. The company is developing Canada's next salt mine and is committed to responsible and sustainable mining practices. The company projects that the proceeds from this financing will enable it to accelerate its ongoing early works and site preparation program, advance detailed engineering, and continue to build momentum with its strategic project partners.

Atlas Salt Closes $1.25 Million Flow-Through Financing

Atlas Salt Inc. (TSXV: SALT) (OTCQX: SALQF) announced the closing of its previously announced non-brokered private placement financing, raising aggregate gross proceeds of $1,250,000 through the issuance of 961,539 flow-through common shares at a price of $1.30 per share. The proceeds will be used to incur eligible 'Canadian exploration expenses' qualifying as 'flow-through mining expenditures' to advance exploration on the nepheline discovery at its Black Bay Property in Southern Labrador. All securities issued are subject to a statutory hold period of four months and one day from the date of issuance. Atlas Salt is developing North America's next salt mine and is committed to responsible and sustainable mining practices. The company emphasizes innovation, efficiency, environmental stewardship, and community engagement. The announcement includes cautionary statements regarding forward-looking information and the potential for actual results to differ materially from those anticipated. No obligation is assumed to update forward-looking statements except as required by law.

Atlas Salt Announces $1.25 Million Flow-Through Financing

Atlas Salt Inc. (TSXV: SALT, OTCQX: SALQF) announced a non-brokered private placement of 961,539 flow-through common shares at $1.30 per share for gross proceeds of $1,250,000. The funds will be used to incur eligible Canadian exploration expenses to advance exploration on the nepheline discovery at its Black Bay Property in Southern Labrador. The company has also been approved for funding under the Province of Newfoundland and Labrador's Junior Exploration Assistance 2026 program. Additionally, Atlas Salt has retained Renmark Financial Communications Inc. for investor relations activities at a monthly fee of $10,000 starting June 1, 2026. The closing of the offering is expected on or about May 20, 2026, subject to customary conditions and regulatory approvals.

MicroSalt Launches MicroSalt Fibre

MicroSalt Plc (AIM: SALT) announced the launch of MicroSalt Fibre, a patented, dual action ingredient technology that combines its established low sodium salt with functional fibre. The product enables manufacturers to reduce sodium content and increase fibre in foods without compromising flavour, texture, or operational efficiency. The global dietary fibre market was valued at $9.6 billion in 2025 and is projected to grow to $22.0 billion by 2034, with a CAGR of 9.63%. MicroSalt has contributed to more than 634M servings made healthier year to date through 2025. The company holds a granted US patent and 14 pending applications worldwide, positioning it for scale and market leadership.

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