ATHA Announces Filing of Annual Information Form and Preliminary Short Form Prospectus
Not for distribution to U.S. news wire services or dissemination in the United States.
ATHA Announces Filing of Annual Information Form and Preliminary Short Form
Prospectus
Vancouver, British Columbia, October 21, 2025 – ATHA Energy Corp. (TSX.V: SASK) (FRA: X5U)
(OTCQB: SASKF) (“ATHA” or the “Company”), is pleased to announce that, further to its press releases
dated September 18, 2025 and August 11, 2025, the Company has filed its annual information form for
the fiscal year ended December 31, 2024 (the “ AIF”), and a preliminary short form prospectus (the
“Prospectus”) with the securities commissions in British Columbia, Alberta, Saskatchewan, Manitoba,
Ontario and New Brunswick, in connection with the proposed qualification of up to 18,838,752 units (the
“Units”) of the Company issuable upon the exercise or deemed exercise of 17,126,138 special warrants
(“Special Warrants ”) of the Company issued in connection with its previously announced private
placement.
Each Unit shall consist of one common share in the capital of the Company and one common share
purchase warrant. The Special Warrants were issued pursuant to the terms of special warrant indentures
dated September 18, 2025 between the Company and Odyssey Trust Company and an underwriting
agreement dated September 18, 2025 between the Company and Stifel Nicolaus Canada Inc. as lead
underwriter and sole bookrunner together with a syndicate of underwriters, including Red Cloud
Securities Inc. and Paradigm Capital Inc.
Copies of each of the AIF and Prospectus are available under the Company’s SEDAR+ profile at
www.sedarplus.ca.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities
in the United States. The securities have not been and will not be registered under the United States
Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not
be offered or sold within the United States unless registered under the U.S. Securities Act and applicable
state securities laws or an exemption from such registration is available.
About ATHA
ATHA is a Canadian mineral company engaged in the acquisition, exploration, and development of
uranium assets in the pursuit of a clean energy future. With a strategically balanced portfolio including
three 100%-owned post discovery uranium projects (the A ngilak Project located in Nunavut, and CMB
Discoveries in Labrador, and the newly discovered basement hosted GMZ high-grade uranium discovery
located in the Athabasca Basin). In addition, the Company holds the largest cumulative prospective
exploration land package (>7 million acres) in two of the world’s most prominent basins for uranium
discoveries – ATHA is well positioned to drive value. ATHA also holds a 10% carried interest in key
Athabasca Basin exploration projects operated by NexGen Energy Ltd. and IsoEnergy Ltd. For more
information visit www.athaenergy.com.
On Behalf of the Board of Directors
Troy Boisjoli, CEO, ATHA Energy Corp.
About ATHA
visit www.athaenergy.com.
On Behalf of the Board of Directors
Troy Boisjoli, CEO, ATHA Energy Corp
For more information, please contact:
Troy Boisjoli
Chief Executive Officer
2
Email: [email protected]
Website: www.athaenergy.com
Phone: 1-(236)-521-0526
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
Cautionary Statement Regarding Forward-Looking Information
This press release contains “forward -looking information” within the meaning of applicable Canadian
securities legislation. Generally, forward-looking information can be identified by the use of forward-looking
terminology such as “plans”, “expects” or “do es not expect”, “is expected”, “budget”, “scheduled”,
“estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such
words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be
taken”, “occur” or “be achieved”. These forward -looking statements or information may relate to , without
limitation, the Company’s filing and obtaining a receipt for a (final) short form prospectus qualifying the
distribution of the Units.
Forward-looking statements are necessarily based upon a number of assumptions that, while considered
reasonable by management at the time, are inherently subject to business, market and economic risks,
uncertainties and contingencies that may cause actual results, performance or achievements to be
materially different from those expressed or implied by forward -looking statements. Such assumptions
include, but are not limited to, assumptions that the anticipated benefits of ATHA’s proposed exploration
program will be realized, that no additional permit or licenses will be required in connection with ATHA’s
exploration programs, the ability of ATHA to complete its exploration activities as currently expected and
on the current anticipated timelines, including ATHA’s proposed exploration program, that ATHA will be
able to execute on its current plans, that ATHA’s proposed explorations will yield results as expected, and
that general business and economic conditions will not change in a material adverse manner. A lthough
ATHA has attempted to identify important factors that could cause actual results to differ materially from
those contained in forward-looking information, there may be other factors that cause results not to be as
anticipated, estimated or intended . There can be no assurance that such information will prove to be
accurate, as actual results and future events could differ materially from those anticipated in such
statements. Accordingly, readers should not place undue reliance on forward-looking information.
Such statements represent the current view of ATHA with respect to future events and are necessarily
based upon a number of assumptions and estimates that, while considered reasonable by ATHA, are
inherently subject to significant business, economic, compe titive, political and social risks, contingencies
and uncertainties. Risks and uncertainties include, but are not limited to the following: inability of ATHA to
realize the benefits anticipated from the exploration and drilling targets described herein or elsewhere;
inability of ATHA to complete current exploration plans as presently anticipated or at all; inability for ATHA
to economically realize on the benefits, if any, derived from the exploration program; failure to complete
business plans as it curren tly anticipated; overdiversification of ATHA’s portfolio; failure to realize on
benefits, if any, of a diversified portfolio; unanticipated changes in market price for ATHA shares; changes
to ATHA’s current and future business and exploration plans and the strategic alternatives available thereto;
growth prospects and outlook of the business of ATHA; and the ability to advance the Company projects
and its proposed exploration program; risks inherent in mineral exploration including risks related worker
safety, weather and other natural occurrences, accidents, availability of personnel and equipment, and
other factors; aboriginal title; failure to obtain regulatory and permitting approvals; no known mineral
resources/reserves; reliance on key management and o ther personnel; competition; changes in laws and
regulations; uninsurable risks; delays in governmental and other approvals, community relations; stock
market conditions generally; demand, supply and pricing for uranium; and general economic and political
conditions in Canada, Australia and other jurisdictions where ATHA conducts business. Other factors which
could materially affect such forward-looking information are described under the heading “Risk Factors” in
the Prospectus, AIF and elsewhere in the filings of ATHA with the Canadian securities regulators which are
3
available on ATHA’s profile on SEDAR+ at www.sedarplus.ca. ATHA does not undertake to update any
forward-looking information, except in accordance with applicable securities laws.