Vancouver - Atomic Minerals Corporation (formerly Resolve Ventures Inc.) ('ATOMIC MINERALS' or the 'Company') (TSX Venture: ATOM) is pleased to announce that, further to its news release on December 30, 2022, the Company has closed the SECOND and final tranche of its Private Placement and issued 12,333,332 Units at $0.075 per Unit for gross proceeds of $924,999.91.

Each Unit is comprised of one common share at $0.075 per common share and one warrant exercisable at $0.10 per common share for two years from closing.

'This successful and oversubscribed private placement demonstrates the market's desire for uranium focused exploration opportunities like the ones Atomic is creating said Clive Massey, CEO of Atomic Minerals. 'We are looking forward to a very exciting field season as we advance our existing properties and continue down the acquisition path. And create even greater opportunities for new discovery.'

A company controlled by a director purchased 250,000 Units of the Private Placement. This is a related party transaction.

MI 61-101 Disclosure

The Non-Brokered Private Placement constitutes a 'related party transaction' within the meaning of Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ('MI 61-101') as a director of the Company purchased an aggregate of 250,000 Units. Further details will be included in a material change report to be filed by the Company. A material change report will be filed in connection with the related party participation in the Non-Brokered Private Placement less than 21 days in advance of closing of the Non-Brokered Private Placement as approval of the Non-Brokered Private Placement occurred less than 21 days prior to closing. The Non-Brokered Private Placement was approved by the board of directors of the Company, with directors participating in the Non-Brokered Private Placement abstaining from the vote in respect thereof.

About the Lloyd Lake Project

The Lloyd Lake project lies immediately south of the western Athabasca basin approximately 90 km SE of Fission Uranium's Patterson Lake project. Lloyd Lake was extensively explored by Western Athabasca Syndicate in 2013 as part of the Preston property, generating a significant dataset, which includes: airborne EM-magnetic and radiometric surveys, follow-up prospecting, systematic lake-bottom sediment sampling and lake-bottom water sampling for radon gas analysis, and broad soil, biogeochemical and radon-in-soil surveys, generally at 100 m to 200 m sample spacing and 200 m to 400 m line spacing. Radon gas is a decay product of uranium with anomalous concentrations indicative of potential uranium occurrences. Subsequent exploration concentrated on anomalous areas identified by the earlier surveys, and included phases of mapping and prospecting, a versatile time-domain electromagnetic (VTEM plus) and aeromagnetic survey and an airborne radiometric-VLF-EM and magnetic survey. Atomic's technical team is in the process of compiling and reviewing the various datasets to generate targets for upcoming exploration.

About the Company

Atomic Minerals is a Vancouver based publicly listed uranium exploration company trading on the TSX Venture Exchange. The Company is led by a highly skilled management and technical team with numerous previous successes in the junior mining sector.

Contact:

Tel: (604) 644-6794

Forward-Looking Statements

This news release contains certain statements that may be deemed 'forward-looking' statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words 'expects', 'plans', 'anticipates', 'believes', 'intends', 'estimates', 'projects', 'potential' and similar expressions, or that events or conditions 'will', 'would', 'may', 'could' or 'should' occur. Although Atomic Minerals Corporation believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of Atomic Minerals Corporation management on the date the statements are made. Except as required by law, Atomic Minerals Corporation undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.

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