Atha Energy Corp. · TSXV:SASK
Atha Energy — Investor Presentation (May 2026)
20 slides from Atha Energy's investor presentation, May 2026
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 2026
Slide 2: Disclaimer
ATHA Energy Corp. | May 2026 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 2026 Corporate Presentation Uniquely Positioned Growth Torque In addition to the Lac 50 Deposit, ATHA’s 2024 program at its 100%-owned Uranium District Angilak Project outlined a 31 km mineralized trend, with 2025 work Scale Potential confirming multiple new zones and support
Slide 4: Capital Structure
ATHA Energy Corp. | May 2026 Corporate Presentation Capital Structure Share Capital Analyst Coverage Basic Shares Outstanding M 349.8 Firm Analyst Share Price (April 30, 2026) C$1.10 Katie Lachapelle Basic Market Cap M C$385 Enterprise Value M C$319 Options M 27.6 Roger Bell RSUs M 2.5 Warrants M 17
Slide 5: Best Canadian Uranium Jurisdictions
ATHA Energy Corp. | May 2026 Corporate Presentation Best Canadian Uranium Jurisdictions THE ATHABASCA BASIN THE ANGIKUNI/THELON/YATHKYED BASINS THE CENTRAL MINERAL BELT Home to the largest and A geological analogue to Host to a widespread highest-grade uranium the Athabasca Basin in a variety of ura
Slide 6: Led by a team with expertise from developing and operating some of the world’s largest uranium mines
ATHA Energy Corp. | May 2026 Corporate Presentation Led by a team with expertise from developing and operating some of the world’s largest uranium mines and deposits — including McArthur River, Cigar Lake, Eagle Point, and Arrow — with proven experience from discovery to production Troy Boisjoli Cli
Slide 7: A comprehensive asset portfolio with maximized torque to exploration upside
ATHA Energy Corp. | May 2026 Corporate Presentation ASSET OVERVIEW A comprehensive asset Thelon Basin Angilak Project portfolio with maximized Central Athabasca Mineral Basin Belt torque to exploration upside FLAGSHIP PROJECT ADVANCED TARGETS CARRIED INTEREST EXPLORATION PIPELINE The Angilak CMB, Ge
Slide 8: Advancing an Exploration Portfolio
ATHA Energy Corp. | May 2026 Corporate Presentation Advancing an Exploration Portfolio Advancing flagship Angilak Project across the Lassonde Curve, exploration torque from Canada’s largest exploration portfolio Team with track record of resource growth and uranium mine operations at many of the lar
Slide 9: Leading Exploration Upside
ATHA Energy Corp. | May 2026 Corporate Presentation Leading Exploration Upside DEVELOPERS EXPLORERS Enterprise Value (C$ million)1 $11,075 Positioned as a leader amongst exploration peers, with an asset base and uranium project $5,309 $4,849 development and production experience to rapidly advance p
Slide 10: The Angilak Project
ATHA Energy Corp. | May 2026 Corporate Presentation The Angilak Project FLAGSHIP PROJECT ADVANCED TARGETS CARRIED INTEREST EXPLORATION PIPELINE An emerging basin, 100% MRC Corridor Lac 50 Deposit Corridor KU-Nine Iron Corridor owned by ATHA, with multiple Angikuni Basin & Yathkyed Basins, Nunavut ur
Slide 11: The Lac 50 Deposit Corridor
ATHA Energy Corp. | May 2026 Corporate Presentation The Lac 50 Deposit Corridor FLAGSHIP PROJECT ADVANCED TARGETS CARRIED INTEREST EXPLORATION PIPELINE Expanding the footprint of known uranium mineralization 2024 - 2025 Exploration Work LAC 50 2025 EXPLORATION TARGET MODEL • J4/Ray Zone expanded bey
Slide 12: Lac 50 Deposit
ATHA Energy Corp. | May 2026 Corporate Presentation Lac 50 Deposit FLAGSHIP PROJECT 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 Bedrock outcrop with radioact
Slide 13: Lac 50 Deposit
ATHA Energy Corp. | May 2026 Corporate Presentation Lac 50 Deposit FLAGSHIP PROJECT 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 Long-Section 2024 Lac 50 Deposit Model
Slide 14: Mineralized RIB Corridor (“MRC”)
ATHA Energy Corp. | May 2026 Corporate Presentation Mineralized RIB Corridor (“MRC”) FLAGSHIP PROJECT ADVANCED TARGETS CARRIED INTEREST EXPLORATION PIPELINE Proven Exploration Approach: 12 km strike of prospective mineralization underpinned by advanced EM-defined drill targets RIBN-DD-001 Includes F
Slide 15: Advanced Targets Across the Basin
ATHA Energy Corp. | May 2026 Corporate Presentation Advanced Targets Across the Basin FLAGSHIP PROJECT ADVANCED TARGETS CARRIED INTEREST EXPLORATION PIPELINE ATHA Energy holds 3.8M acres Advanced Targets the largest land Carefully accumulated over 10+ Pinnacle/Wares years by the most successful pack
Slide 16: Carried Interest Upside
ATHA Energy Corp. | May 2026 Corporate Presentation Carried Interest Upside FLAGSHIP PROJECT 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 ATHA’s carried interest with IsoE
Slide 17: Nunavut and CMB Assets
ATHA Energy Corp. | May 2026 Corporate Presentation Nunavut and CMB Assets FLAGSHIP PROJECT ADVANCED TARGETS CARRIED INTEREST EXPLORATION PIPELINE Nunavut Central Mineral Belt Expansive northern exploration portfolio and Dominant land position with existing actively developing jurisdiction uranium d
Slide 18: A uniquely-equipped uranium exploration company
ATHA Energy Corp. | May 2026 Corporate Presentation Canadian Uranium Discovery Torque An asset with district-scale potential alongside a portfolio of highly A uniquely-equipped prospective generative-stage projects. 10% carried interest providing upside to key exploration lands of NexGen and IsoEner
Slide 19: Contact
TSXV : SASK FRA : X5U OTCQB : SASKF Canada’s Premier Uranium Exploration Company Corporate Presentation Contact May 2026 info@athaenergy.com 19
Slide 20: Disclaimer – Technical Information
ATHA Energy Corp. | May 2026 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