Atha Energy Corp. · TSXV:SASK
Atha Energy — Investor Presentation (March 2025)
29 slides from Atha Energy's investor presentation, Mar 24, 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 March 2025
Slide 2: Disclaimer
ATHA Energy Corp. | March 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
Slide 3: Uniquely Positioned Growth Torque
ATHA Energy Corp. | March 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 0.4
Slide 4: Capital Structure
ATHA Energy Corp. | March 2025 Corporate Presentation Capital Structure Share Capital Analyst Coverage Firm Analyst Basic Shares Outstanding M 277.9 Basic Shares Escrowed 7.3% Roger Bell Share Price (March 24, 2025) C$0.50 Michael Curran Basic Market Cap M C$138.9 Katie Lachapelle Options M 10.1 RSU
Slide 5: Best Canadian Uranium Jurisdictions
ATHA Energy Corp. | March 2025 Corporate Presentation Best Canadian Uranium Jurisdictions THE ATHABASCA BASIN THE THELON/ANGIKUNI/BAKER LAKE BASINS THE CENTRAL MINERAL BELT Home to the largest and A geological analogue to Host to a widespread highest-grade uranium the Athabasca Basin in a variety of
Slide 6: Our Foundation
ATHA Energy Corp. | March 2025 Corporate Presentation Our Foundation Our People Our Assets Our Strategy A management and technical team with a Angilak Project1 (historical resource 43.3M lbs Leveraging the largest uranium exploration strong capital markets presence and 0.69% U3O8), CMB Discoveries1
Slide 7: A comprehensive asset portfolio with maximized torque to exploration upside
ATHA Energy Corp. | March 2025 Corporate Presentation ASSET OVERVIEW A comprehensive Thelon asset portfolio with Basin Angilak Project Central maximized torque to Athabasca Mineral Basin Belt exploration upside HISTORIC RESOURCE ADVANCED TARGETS CARRIED INTEREST EXPLORATION PIPELINE Angilak & CMB Ge
Slide 8: Multi-Project Development Approach
ATHA Energy Corp. | March 2025 Corporate Presentation Multi-Project Development Approach Advancing a thoroughly diversified portfolio of exploration assets across the development curve Team with track record of resource growth and uranium mine operations at many of the largest projects in North Amer
Slide 9: Leading Exploration Upside
ATHA Energy Corp. | March 2025 Corporate Presentation Leading Exploration Upside DEVELOPERS EXPLORERS Enterprise Value (C$ million)1 $4,186 $2,403 Positioned as a leader amongst exploration $1,831 peers, with an asset base and uranium resource development experience to advance projects to developmen
Slide 10: The Angilak Project
ATHA Energy Corp. | March 2025 Corporate Presentation The Angilak Project HISTORIC RESOURCE ADVANCED TARGETS CARRIED INTEREST EXPLORATION PIPELINE A high-grade uranium deposit Lac 50 Exploration History located in Nunavut with district- Lac 50 Exploration Target (Mlbs U3O8)2 scale exploration potent
Slide 11: 2024 Lac 50 Exploration Success
ATHA Energy Corp. | March 2025 Corporate Presentation 2024 Lac 50 Exploration Success HISTORIC RESOURCE ADVANCED TARGETS CARRIED INTEREST EXPLORATION PIPELINE Expanding the footprint Angikuni Basin & Yathkyed of known uranium Basins, Nunavut LAC 50 DEPOSIT Historic Resource Conceptual Exploration Ta
Slide 12: 2024 Lac 50 Exploration Target
ATHA Energy Corp. | March 2025 Corporate Presentation 2024 Lac 50 Exploration Target HISTORIC RESOURCE ADVANCED TARGETS CARRIED INTEREST EXPLORATION PIPELINE Mushroom Lake Bedrock Outcrop Exploration target range is restricted to Bedrock outcrop with radioactivity up to 60,000 counts 2024 Exploratio
Slide 13: 2024 Lac 50 Exploration Target
ATHA Energy Corp. | March 2025 Corporate Presentation 2024 Lac 50 Exploration Target HISTORIC RESOURCE ADVANCED TARGETS CARRIED INTEREST EXPLORATION PIPELINE TSXV : SASK FRA : X5U OTCQB : SASKF 13
Slide 14: Angilak Expansion Path
ATHA Energy Corp. | March 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 p
Slide 15: District Scale Potential
ATHA Energy Corp. | March 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 multipl
Slide 16: District Scale Potential
ATHA Energy Corp. | March 2025 Corporate Presentation District Scale Potential HISTORIC RESOURCE ADVANCED TARGETS CARRIED INTEREST EXPLORATION PIPELINE TSXV : SASK FRA : X5U OTCQB : SASKF 16
Slide 17: Advanced Targets Across the Basin
ATHA Energy Corp. | March 2025 Corporate Presentation Advanced Targets Across the Basin HISTORIC RESOURCE ADVANCED TARGETS CARRIED INTEREST EXPLORATION PIPELINE Advanced, drill-ready targets that have been de-risked by prior geophysics or drilling throughout the highest-grade uranium basin in the wo
Slide 18: The Gemini Discovery
ATHA Energy Corp. | March 2025 Corporate Presentation The Gemini Discovery HISTORIC RESOURCE ADVANCED TARGETS CARRIED INTEREST EXPLORATION PIPELINE An exciting uranium discovery along a new mineralized trend GEM22-025 was the 8th best publicly reported uranium intercept drilled globally in 20221 Rab
Slide 19: Carried Interest Upside
ATHA Energy Corp. | March 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 NexGen plans to target 10 diff
Slide 20: Athabasca Basin Assets
ATHA Energy Corp. | March 2025 Corporate Presentation Athabasca Basin Assets HISTORIC RESOURCE ADVANCED TARGETS CARRIED INTEREST EXPLORATION PIPELINE ATHA Energy holds the largest land package in the Basin 3.8M acres Carefully accumulated over 10+ years by the most successful uranium staking team in
Slide 21: Nunavut Assets
ATHA Energy Corp. | March 2025 Corporate Presentation Nunavut Assets HISTORIC RESOURCE ADVANCED TARGETS CARRIED INTEREST EXPLORATION PIPELINE ATHA Energy holds an expansive northern exploration portfolio 3.1M acres A proven, underexplored Kiggavik Deposit1,2 uranium jurisdiction with One of the larg
Slide 22: The CMB Discoveries
ATHA Energy Corp. | March 2025 Corporate Presentation The CMB Discoveries HISTORIC RESOURCE ADVANCED TARGETS CARRIED INTEREST EXPLORATION PIPELINE Dominant land position in Labrador’s Central Mineral Belt with existing discoveries 399,322 acres located in Newfoundland & Labrador Land package spans 1
Slide 23: A uniquely-equipped uranium exploration company
ATHA Energy Corp. | March 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 expl
Slide 24: Canada’s Premier Uranium Exploration Company
TSXV : SASK FRA : X5U OTCQB : SASKF Canada’s Premier Uranium Exploration Company Corporate Presentation Contact March 2025 info@athaenergy.com 24
Slide 25: Leadership Team
ATHA Energy Corp. | March 2025 Corporate Presentation Leadership Team Troy Boisjoli CEO & Director Mike Castanho Chairman Mr. Boisjoli brings extensive experience in developing uranium assets both internationally and in the Athabasca Basin. Mr. Mr. Castanho is the principal of Axis Capital Ventures
Slide 26: Technical Team
ATHA Energy Corp. | March 2025 Corporate Presentation Technical Team Doug Adams Chris Brown, P.Geo Director of Basin Exploration Principal Geophysicist Mr. Adams has over 17 years of geoscience experience working in the mining industry with a Mr. Brown has 17 years of experience in applying borehole
Slide 27: Disclaimer
ATHA Energy Corp. | March 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
Slide 28: Historic Resource & Exploration Target Appendix
ATHA Energy Corp. | March 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.
Slide 29: Historic Drilling & Sampling Appendix
ATHA Energy Corp. | March 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 hi