Newsfileยท2025-08-05 11:01Core Viewpoint - Atomic Minerals Corporation is proceeding with a share consolidation of one post-consolidation common share for every two pre-consolidation common shares, effective August 7, 2025, to enhance capital-raising flexibility and attract a broader investor base [1][2][4]. Share Consolidation Details - The new ISIN and CUSIP for the shares will be CA04965P3079 and 04965P307 respectively [2]. - Currently, there are 58,331,591 common shares issued and outstanding, which will reduce to approximately 29,165,795 shares post-consolidation. Fractional shares will be rounded up or cancelled based on specific thresholds [3]. Strategic Rationale - The Board believes that the consolidation will provide increased flexibility to seek additional capital under current market conditions and is in the best interests of shareholders, potentially leading to greater interest from a wider audience of investors [4]. Debt Settlement Plan - The company plans to issue up to 7,000,000 common shares at a price of $0.05 each on a post-consolidated basis to settle debts totaling up to $350,000, pending necessary regulatory approvals [6]. Company Overview - Atomic Minerals Corporation is a publicly listed exploration company on the TSX Venture Exchange, focusing on identifying exploration opportunities in underexplored regions with geological similarities to past uranium discoveries [7]. - The company holds uranium projects with significant technical merit in two locations, including three projects on the Colorado Plateau and properties in the Athabasca region of Saskatchewan and Quebec, Canada [8].