- ATHA has successfully obtained executed resolutions approving the Transactions (as defined below) from shareholders of ATHA holding greater than 50% of the issued and outstanding common shares of ATHA.
- Latitude has commenced mailing of its management information circular and related materials.
- The 92E scheme process is progressing in accordance with the previously disclosed timetable.
VANCOUVER, British Columbia, Feb. 07, 2024 (GLOBE NEWSWIRE) — ATHA Energy Corp. (CSE: SASK) (FRA: X5U) (OTCQB: SASKF) (“ATHA”) is pleased to provide another update on its previously announced proposed acquisition transactions (together, the “Transactions”) with Latitude Uranium Inc. (CSE: LUR) (“Latitude”) and 92 Energy Limited (ASX: 92E) (“92E”) further to its press releases dated December 7, 2023 and January 25, 2024.
ATHA is pleased to announce that in accordance with the policies of the Canadian Securities Exchange (the “CSE”), it has successfully obtained executed resolutions approving the Transactions from shareholders of ATHA holding greater than 50% of the issued and outstanding common shares of ATHA (“ATHA Shares”).
ATHA is also pleased to announce that Latitude has commenced mailing of its management information circular and related materials, copies of which are available under Latitude’s profile on SEDAR+ at www.sedarplus.ca, with respect to Latitude’s special meeting of shareholders to be held on February 27, 2024 at 10:00 a.m. (Toronto Time) called to approve ATHA’s Transaction with Latitude, and that the 92E scheme process is progressing in accordance with the previously disclosed timetable.
Troy Boisjoli, CEO of ATHA, commented: “We are excited to update our shareholders on several material advancements to these transformational transactions that we believe position us to derive significant value from an industry-leading portfolio of uranium assets, at a time when market fundamentals have never been stronger.” Adding further Mr. Boisjoli stated, “As we continue to work towards closing, we feel confident that ATHA is moving into a new era of growth and opportunity that is in line with our strategic goal of discovering and developing Canada’s next generation of uranium assets.”
