ATHA Energy Corp. is pleased to announce that, further to its press release dated March 31, 2025, the Corporation and a syndicate of agents co-led by Stifel Nicolaus Canada Inc. and Canaccord Genuity Corp. have agreed to amend the terms of its previously announced brokered "best efforts" private placement for aggregate gross proceeds of up to C$10,000,000 . The Offering will now consist of any combination of: flow-though [...]
ATHA Energy Corp. is pleased to announce that it has engaged Stifel Nicolaus Canada Inc. and Canaccord Genuity Corp. , to act as co-lead agents and joint bookrunners in connection with a "best efforts" private placement offering of charity flow-through common shares of the Corporation at a price per Offered Share of C$0.61 for aggregate proceeds of up to C$10,000,000, .The Offering is expected to close on or about April [...]
The Angilak Project is situated around the Angikuni Basin, which is a direct analog to the Athabasca Basin with comparatively little exploration. The Project is anchored by the Lac 50 Deposit in addition to eight named showings containing high-grade uranium located across the project area; SRK Consulting completed regional scale Structural Interpretation and Targeting Assessment that identifies the major primary and [...]
An Airborne Mobile MagnetoTellurics survey totaling 5,946-line km was completed in Sept of 2024. The survey covers the northern half of the Angilak Project - representing approximately 85% of the original project area, pre-2024 staking - inclusive of the Lac 48, 50, 52, and 54 mineralized trends, as well as the eastern, western, and northern margins of the Angikuni Basin More than 100 km of cumulative prospective [...]
HIGHLIGHTS Surficial mapping was conducted as part of the 2024 Angilak Exploration Program that focused on areas strictly proximal to the Lac 50 Deposit and achieved its objective of discovering high-grade uranium mineralization on surface beyond the extents of the Lac 50 Deposit's Exploration Target Model; High-grade surficial uranium mineralization was identified between Lac 48, Lac 50, Lac 52, and Lac 54 trends [...]
HIGHLIGHTS Conclusions from a third-party updated Technical Report establish a baseline Exploration Target for the Lac 50 Deposit, ranging between 60.8 M lbs U3O8 and 98.2 M lbs U3O8, with an average grade range of 0.37% U3O8 and 0.48% U3O8; ATHA has received assay results from its 2024 Exploration Program on the Angilak Project, which is host to the Lac 50 Uranium Deposit, one of the largest high-grade deposits in Canada [...]
ATHA Energy Corp. holder of the largest uranium exploration portfolio in two of the highest-grade uranium districts in the world, is pleased to announce the appointment a new Non-Executive Director and a new Chief Financial Officer. Mr. Erinn Broshko has been appointed to its Board of Directors, effective immediately; and, Mr. Rhéal Assié has been appointed as Chief Financial Officer, effective November 6, 2024. Mr [...]
ATHA Energy Corp. is pleased to announce, in furtherance to its news release from August 20th, 2024 , the Company and Terra Uranium Ltd. have executed a definitive option agreement for T92 to earn an option to acquire a 70% interest in ATHA's Spire and Horizon properties and a definitive option agreement for ATHA to earn an option to acquire up to a 60% interest in T92's Pasfield Lake property . SPIRE HORIZON OPTION In [...]
ATHA Energy Corp. TD Securities Annual Nuclear Fuel Cycle and Next Generation Nuclear Roundtable - 2024 Conference October 8, 2024 10:55 AM PT Source Company Participants Troy Boisjoli - CEO and Director Conference Call Participants Craig Hutchison - TD Securities Craig Hutchison Good afternoon. Our next speaker is Troy Boisjoli, CEO of ATHA Energy. I think ATHA is one of the newer exciting stories in the exploration side [...]
HIGHLIGHTS: ATHA Energy has expanded its land package at the Angilak Project, acquiring the entire prospective Lac 50 structural corridor and an additional prospective parallel corridor. Both prospective corridors are related to the Snowbird Tectonic Zone, a deep crustal structure that extends from the Athabasca Basin, host to some of the largest and highest-grade uranium deposits globally, through to the Angikuni Basin [...]
HIGHLIGHTS: The Angilak Project is host to the Lac 50 Uranium Deposit , one of the largest high-grade deposits outside of the Athabasca Basin, with a historical mineral resource estimate of 43.3M lbs at an average grade of 0.69% U3O8.1 Drilling conducted by Latitude Uranium at the Angilak Project in 2023 intersected grades of up to 7.54 % U3O8 over 1.6 m. The 2024 Angilak Exploration Program has concluded after [...]
2024 GEMINI EXPLORATION PROGRAM Phase III: Diamond Drilling - commenced in late August and is designed to test for expansion areas at Gemini Mineralized Zone , as well as targeting highly prospective regional target areas . GMZ Expansion - designed to expand the footprint of mineralization targeting the down-dip extents of GMZ, along with parallel structure immediately to the east of the GMZ; Gemini East Target Area [...]