Atha Energy CEO Troy Boisjoli joined Steve Darling from Proactive to announce announced the completion of equipment and supply mobilization to the Angilak project in Nunavut, Canada. The mobilization effort included the delivery of two state-of-the-art X10 Diamond Drills, aimed at enhancing daily meterage production compared to previous drilling campaigns. Scheduled to commence in early June 2024, Atha Energy has [...]
HIGHLIGHTS: The Company has completed its equipment and supply mobilization to its 100%-owned Angilak Project in Nunavut, Canada. Mobilization included the delivery of two X10 Diamond Drills , which are anticipated to nearly double daily meterage production compared to previous drilling campaigns conducted on the Angilak Project. The mobilization was completed in support of the 2024 Exploration Program at the Angilak [...]
Atha Energy CEO Troy Boisjoli joined Steve Darling from Proactive to announce the company's agreement with Inspiration Energy Corp. In this agreement, Atha has granted Inspiration an exclusive option to acquire a 70% interest in each of Atha's Plateau and Ledge properties, subject to option considerations and work commitments outlined in the option agreement. Boisjoli explained to Proactive that this agreement on two of [...]
HIGHLIGHTS Option provides Inspiration Energy an opportunity to acquire a 70% interest in each of ATHA's early-stage Plateau Property and Ledge Property , located in the Athabasca Basin, by fulfilling a total of $8 million in exploration expenditures on the properties: Plateau: Inspiration must incur a total of $3.8 million in eligible exploration expenses between closing of the agreement and September 1, 2028 Ledge [...]
GEMINI PROJECT HIGHLIGHTS: The Gemini Project is located 31 km northeast of Cameco's Key Lake Mine, along the southeastern margin of the uranium rich Athabasca Basin, and hosts the high-grade uranium Gemini Mineralized Zone . GMZ is a shallow basement hosted, high-grade uranium discovery, which remains open at depth and along strike. GMZ is analogous to uranium mineralization along Cameco's Rabbit Lake Trend, which [...]
ATHA Energy Corp. is pleased to announce the successful completion of the previously announced Australian scheme involving ATHA and 92 Energy Limited pursuant to which ATHA has acquired all of the fully paid ordinary shares in 92 Energy . SCHEME CONSIDERATION Pursuant to the Scheme, shareholders of 92 Energy who hold 92 Energy Shares as at 4:00 p.m. on April 4, 2024 , will receive 0.5834 ATHA common shares per 92 Energy [...]
ATHA Energy is pleased to announce that the Federal Court of Australia has made orders approving the previously announced Australian scheme involving ATHA and 92 Energy Limited. The Scheme was previously announced in the news releases of ATHA dated Dec 7, 2023, and Jan 25, 2024. The Managing Director of 92 Energy, Siobhan Lancaster, said: "The merger with ATHA begins a new chapter of opportunity for 92 Energy [...]
Atha Energy is pleased to announce that shareholders of 92 Energy have voted in favour of the previously announced Australian scheme involving ATHA and 92 Energy at 92 Energy's meeting of 92 Energy Shareholders. In accordance with Listing Rule 3.13.2 of the Australia Securities Exchange and section 251AA of the Corporations Act 2001, 92 Energy advises that the resolution to approve the Scheme as set out in the notice of [...]
2024 EXPLORATION PROGRAM HIGHLIGHTS & UPDATE TO 92 ENERGY TRANSACTION: ATHA begins the Company's most significant exploration program to date, targeting Canada's most prospective regions for high-grade uranium discovery, including: the Angilak Project in Nunavut and maturation of ATHA's tier one exploration portfolio in the Athabasca Basin ATHA's proposed transaction with 92 Energy is expected to close on or about April [...]
Atha Energy and Latitude Uranium are pleased to announce the successful completion of the previously announced arrangement whereby ATHA has acquired 100% of the issued and outstanding common shares of Latitude Uranium and Latitude Uranium has become a wholly owned subsidiary of ATHA. Pursuant to the Arrangement, Latitude Uranium shareholders received 0.2769 common shares of ATHA for each LUR Share held. In aggregate, ATHA [...]
Atha Energy Corp. is pleased to announce that it received final approval to list ATHA's common shares on the TSXV with trading to commence at market opening on March 4, 2024, and will continue to use its current trading symbol. The CUSIP and ISIN numbers have not changed. ATHA's common shares have been listed on the Canadian Securities Exchange since April 11, 2023, under the trading symbol "SASK". ATHA has applied to [...]
Atha Energy Corp. is pleased to announce that shareholders of Latitude Uranium Inc. have overwhelmingly approved the previously announced arrangement involving ATHA and Latitude at Latitude's special meeting held on February 27, 2024. The special resolution approving the Arrangement was required to be approved by at least two-thirds of the votes cast by LUR Shareholders present virtually or represented by proxy at the LUR [...]