Atha Energy Corp. · TSXV:SASK
Atha Energy — Investor Presentation (May 2025)
23 slides from Atha Energy's investor presentation, May 12, 2025
Slide 1: Canada's Premier Uranium Exploration Company
Canada’s Premier Uranium Exploration Company TSXV : SASK FRA : X5U OTCQB : SASKF www.athaenergy.com Corporate Presentation May 2025
Slide 2: Disclaimer
ATHA Energy Corp. | May 2025 Corporate Presentation Disclaimer This document is a presentation (this “Presentation”) concerning certain general background information about the activities the regulatory environments in which the Company operates; the anticipated benefits of the Company’s proposed ex
Slide 3: Uniquely Positioned Growth Torque
ATHA Energy Corp. | May 2025 Corporate Presentation Uniquely Positioned Growth Torque 2024's successful exploration program at the 100%-owned Angilak Project Uranium District unveiled an Exploration Target range of 61 – 98M lbs U3O8 with an average Scale Potential grade range of 0.37% U3O8 and 0.48%
Slide 4: Capital Structure
ATHA Energy Corp. | May 2025 Corporate Presentation Capital Structure Share Capital Analyst Coverage Firm Analyst Basic Shares Outstanding M 298.1 Roger Bell Share Price (May 12, 2025) C$0.42 Basic Market Cap M C$123.7 Michael Curran Options M 10.1 Katie Lachapelle RSUs M 4.0 David Talbot Warrants M
Slide 5: Best Canadian Uranium Jurisdictions
ATHA Energy Corp. | May 2025 Corporate Presentation Best Canadian Uranium Jurisdictions THE ATHABASCA BASIN THE THELON/ANGIKUNI/BAKER LAKE BASINS THE CENTRAL MINERAL BELT Home to the largest and A geological analogue to Host to a widespread highest-grade uranium the Athabasca Basin in a variety of u
Slide 6: Our Foundation
ATHA Energy Corp. | May 2025 Corporate Presentation Our Foundation Our People Our Assets Our Strategy A management and technical team with a Angilak Project (historical resource 43.3M lbs Leveraging the largest uranium exploration strong capital markets presence and 0.69% U3O8)1, CMB Discoveries (hi
Slide 7: A comprehensive asset portfolio with maximized torque to exploration upside
ATHA Energy Corp. | May 2025 Corporate Presentation ASSET OVERVIEW A comprehensive Thelon asset portfolio with Basin Angilak Project Central maximized torque to Athabasca Mineral Basin Belt exploration upside HISTORIC RESOURCE ADVANCED TARGETS CARRIED INTEREST EXPLORATION PIPELINE Angilak & CMB Gemi
Slide 8: Angilak – A Strategic Development Opportunity
ATHA Energy Corp. | May 2025 Corporate Presentation Angilak – A Strategic Development Opportunity Advancing a thoroughly diversified portfolio of exploration assets across the development curve Team with track record of resource growth and uranium mine operations at many of the largest projects in N
Slide 9: Leading Exploration Upside
ATHA Energy Corp. | May 2025 Corporate Presentation Leading Exploration Upside DEVELOPERS EXPLORERS Enterprise Value (C$ million)1 $4,516 $2,470 Positioned as a leader amongst exploration peers, with an asset base and uranium $1,838 resource development experience to advance projects to development
Slide 10: The Angilak Project – Lac 50 Deposit
ATHA Energy Corp. | May 2025 Corporate Presentation The Angilak Project – Lac 50 Deposit HISTORIC RESOURCE ADVANCED TARGETS CARRIED INTEREST EXPLORATION PIPELINE A high-grade uranium deposit Lac 50 Exploration History located in Nunavut with Lac 50 Exploration Target (Mlbs U3O8)2 significant explora
Slide 11: 2024 Lac 50 Exploration Success
ATHA Energy Corp. | May 2025 Corporate Presentation 2024 Lac 50 Exploration Success HISTORIC RESOURCE ADVANCED TARGETS CARRIED INTEREST EXPLORATION PIPELINE Expanding the footprint Angikuni Basin & of known uranium Yathkyed Basins, Nunavut LAC 50 DEPOSIT Historic Resource Conceptual Exploration Targ
Slide 12: Lac 50 Deposit
ATHA Energy Corp. | May 2025 Corporate Presentation Lac 50 Deposit HISTORIC RESOURCE ADVANCED TARGETS CARRIED INTEREST EXPLORATION PIPELINE The Lac 50 Deposit contains multiple parallel trends that are open to be tested in all directions and at depth 2024 Lac 50 Planview 2024 Lac 50 Long-Section 2 1
Slide 13: Angilak Expansion Path
ATHA Energy Corp. | May 2025 Corporate Presentation Angilak Expansion Path HISTORIC RESOURCE ADVANCED TARGETS CARRIED INTEREST EXPLORATION PIPELINE POTENTIAL The 2024 exploration program has successfully begun outlining District Scale Asset the potential of the Angilak Explore potential at basin per
Slide 14: District Scale Potential
ATHA Energy Corp. | May 2025 Corporate Presentation District Scale Potential HISTORIC RESOURCE ADVANCED TARGETS CARRIED INTEREST EXPLORATION PIPELINE Excluded from Exploration Target Lac 50 Deposit Historic Showings Exploration Target Shells An Airborne MMT survey revealed YAT Rib MM-64 KU multiple
Slide 15: District Scale Potential
ATHA Energy Corp. | May 2025 Corporate Presentation District Scale Potential HISTORIC RESOURCE ADVANCED TARGETS CARRIED INTEREST EXPLORATION PIPELINE A 31km Structural Corridor with potential for multiple discoveries has been identified • Eastern Margin historic surface samples show uranium grades u
Slide 16: Advanced Targets Across the Basin
ATHA Energy Corp. | May 2025 Corporate Presentation Advanced Targets Across the Basin HISTORIC RESOURCE ADVANCED TARGETS CARRIED INTEREST EXPLORATION PIPELINE ATHA Energy holds 3.8M acres the largest land Carefully accumulated over 10+ years by the most successful package in the Basin uranium stakin
Slide 17: Carried Interest Upside
ATHA Energy Corp. | May 2025 Corporate Presentation Carried Interest Upside HISTORIC RESOURCE ADVANCED TARGETS CARRIED INTEREST EXPLORATION PIPELINE ATHA holds upside in key land held by NexGen and IsoEnergy via 10% carried interest Spitfire Triple R Centennial Arrow 10 holes containing multiple int
Slide 18: Nunavut and CMB Assets
ATHA Energy Corp. | May 2025 Corporate Presentation Nunavut and CMB Assets HISTORIC RESOURCE ADVANCED TARGETS CARRIED INTEREST EXPLORATION PIPELINE Nunavut Central Mineral Belt Expansive northern exploration portfolio Dominant land position with and actively developing jurisdiction existing uranium
Slide 19: Discoveries & Expansion Torque
ATHA Energy Corp. | May 2025 Corporate Presentation Discoveries & Expansion Torque An asset with district-scale potential and clear growth path A uniquely-equipped alongside a portfolio priority projects. 10% carried interest providing upside to key parts of NexGen and IsoEnergy land1 uranium explor
Slide 20: Canada's Premier Uranium Exploration Company
TSXV : SASK FRA : X5U OTCQB : SASKF Canada’s Premier Uranium Exploration Company Corporate Presentation Contact May 2025 info@athaenergy.com 20
Slide 21: Disclaimer – Technical Information
ATHA Energy Corp. | May 2025 Corporate Presentation Disclaimer TECHNICAL INFORMATION All of the scientific and technical information in this presentation with respect to Atha has been reviewed and approved by Cliff Revering, P.Eng. Mr. Revering has verified the sampling, analytical, and test data un
Slide 22: Historic Resource & Exploration Target Appendix
ATHA Energy Corp. | May 2025 Corporate Presentation Historic Resource & Exploration Target Appendix HISTORICAL ESTIMATES All mineral resources estimates presented in this Presentation are considered to be “historical estimates” as defined under NI 43-101, and have been derived from the following. In
Slide 23: Historic Drilling & Sampling Appendix
ATHA Energy Corp. | May 2025 Corporate Presentation Historic Drilling & Sampling Appendix HISTORICAL DRILLING AND OUTCROP SAMPLES Certain noted technical information provided herein has been derived exclusively and without independent verification from the following reports. Such information is hist