Athabasca Nuclear Corporation Closes Sale of Yellowjacket Project

(via Thenewswire.ca)

Vancouver, BC / TheNewswire / August 11, 2015 - Athabasca Nuclear Corporation (TSX-V: ASC) ("Athabasca Nuclear" or the "Corporation") is pleased to report that it has closed its sale of the Yellowjacket Project to African Queen Mines Ltd. The transaction and terms were previously announced by news release dated June 25, 2015.

About Athabasca Nuclear Corporation

Athabasca Nuclear Corporation (TSXV:ASC) is an exploration company focused primarily on uranium exploration near the Athabasca Basin in Saskatchewan, Canada, and other select opportunities. More information about Athabasca Nuclear and its projects may be found at www.athabascanuclear.com.

Signed,

Ryan Kalt, Chief Executive Officer

Forward-Looking Statements

This news release contains forward-looking statements. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently expected or forecast in such statements.

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.

Contact Info:

Ryan Kalt, M.B.A., LL.M.

Chief Executive Officer

778-328-1598

info@athabascanuclear.com
www.athabascanuclear.com

Copyright (c) 2015 TheNewswire - All rights reserved.