Atlas Minerals Inc.
TSX VENTURE : AMR

Atlas Minerals Inc.

February 29, 2008 08:30 ET

Atlas Announces $1 Million Increase to Financing

CALGARY, ALBERTA--(Marketwire - Feb. 29, 2008) -

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES

Atlas Minerals Inc. (TSX VENTURE:AMR) (the "Company) wishes to advise that the financing announced on February 27, 2008 has been increased by $1,000,000 to accommodate over allotments.

For further information regarding this press release and Atlas Minerals Inc., please contact Barry Herring, President and CEO or Leslie Vickers Controller of Atlas Minerals Inc., as follows:

CAUTION CONCERNING FORWARD-LOOKING STATEMENTS: This press release concerns certain "forward-looking statements", including but not limited to, the statements regarding the Company's strategic plan, work programs and exploration budgets at the Company's Tres Chorreras. The forward-looking statements express, as at the date of this press release, the Company's plans, estimates, forecasts, projections, expectations or beliefs as to future events and results. Forward-looking statements involve a number of risks and uncertainties, and there can be no assurance that such statements will prove to be accurate. Therefore, actual results and future events could differ materially from those anticipated in such statements. Risks and uncertainties that could cause results or future events to differ materially from current expectations expressed or implied by the forward-looking statements include, but are not limited to, factors associated with industry risks, risks associated with foreign operations, environmental risks and hazards and other risks.

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