Atlas Salt Announces Core Project Execution Team and New CFO - Seite 3

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).

Rick LaBelle commented, “Michael’s background compliments the overall executive team. He will help shape the company’s strategic financial roadmap during a period of transformative growth underpinned by our high caliber project execution team.” He further added “I will provide an update on project execution early in the new year.”

Equity Incentives
The Company’s board of directors has approved the grant of 72,000 restricted share units, 128,000 performance share units and 150,000 deferred share units to certain directors and officers of the Company. All security based compensation was granted pursuant to the Company’s Equity Incentive Plan and are ‎subject to the terms of the applicable grant agreements and the requirements of the TSX Venture Exchange.‎

Ensuring Project Success
Atlas Salt Inc. remains committed to the successful execution of the Great Atlantic Salt Project, leveraging the expertise of our core team and incorporating valuable insights from a peer review process. Our refined corporate management team and board of directors’ focus on sustainability, community engagement, operational excellence and innovative mining practices positions us as a leader in the industry.