Show Bleak Uranium Officials State Recent Merger Joins Atlas and SALT LAKE E CITY Dec 1 Consolidation of Atlas Uranium Corp end Bleak Uranium Co with Atlas as the surviving corporation corporation corporation corp corp- oration has been announced here Merger of Bleak into Atlas through a stock transaction in which one share of Atlas will be in return for each two shares of Bleak leak was approved by Bleak leJk stockholders at a meeting meet meet- ing ng here heio Nov 29 D D. L. L Herrick general manager of both companies said approximately 75 per cent of Bleak's outstanding outstanding out out- standing stock was represented at the meeting and that the vote was almost unanimous in favor of the merger Atlas directors directors directors dir dir- had voted their approval earlier Jack C. C Burgess of Grand Junction Junction Junction Junc Junc- tion C Colo lo formerly of Moab and Salt Lake City is chairman of the Atlas board Alan A. A Fisher of Los Angeles is Atlas president Herrick is vice president and T T. J. J of Salt Lake is secretary treasurer W. W G G. D D. D McIlrath Mc- Mc Ilrath of Provo is the fifth board member Fisher Herrick and McElrath also were officers and directors of Bleak Fisher is president of the Ace Drill Bushing Co and West Coast Aero Tool Co of Riverside Calif and Herrick is executive vice president of the theAce theAce theAce Ace Drill Bushing Co Atlas headquarters office is In Grand Junction The merger brings into the extensive extensive extensive ex ex- ex- ex Atlas holdings the Piccolo Pete uranium claims in White Canyon and other Bleak assets The Piccolo Pete group and other adjoining claims totaling about GOO acres are on the Happy Jack ore channel about two and one- one half miles down-channel down from the famed Happy Jack mine An appl application catlon for a loan to aid in further exploration of the Piccolo Pete group now Is pending Major Atlas operation at present present present pres pres- ent is a new zinc silver processing processing pro pro- mill at Crested Butte Colo which Is crushing ore at atthe atthe atthe the rate of 50 tons per day from Atlas properties In that area The mill nil will be stepped up to tons per pcr day capacity by next officers said Bleak also has base metals properties near Crested Butte which comes to Atlas through the merger Other Atlas holdings include I numerous uranium properties In southeastern Utah and several oil Il and gas properties In the San SanJuan SanJuan SanJuan Juan basin of southwestern Colo Colo- Colorado rado |