Atha Energy Corp. · TSXV:SASK
Atha Energy — Investor Presentation (October 2025)
22 slides from Atha Energy's investor presentation, October 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 October 2025
Slide 2: Disclaimer
ATHA Energy Corp. | October 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 propose
Slide 3: Uniquely Positioned Growth Torque
ATHA Energy Corp. | October 2025 Corporate Presentation Uniquely Positioned Growth Torque ATHA’s successful 2024 exploration programs at the 100%-owned Angilak Uranium District Project unveiled an Exploration Target range of 61 – 98M lbs U3O8 with an Scale Potential average grade range of 0.37% U3O8
Slide 4: Capital Structure
ATHA Energy Corp. | October 2025 Corporate Presentation Capital Structure Share Capital Analyst Coverage Firm Analyst Basic Shares Outstanding† M 315.3 Roger Bell Share Price (September 30, 2025) C$0.94 Basic Market Cap M C$296 Michael Curran Options M 19.2 Katie Lachapelle RSUs M 5.1 David Talbot W
Slide 5: Best Canadian Uranium Jurisdictions
ATHA Energy Corp. | October 2025 Corporate Presentation Best Canadian Uranium Jurisdictions THE ATHABASCA BASIN THE ANGIKUNI/THELON/BAKER LAKE BASINS THE CENTRAL MINERAL BELT Home to the largest and A geological analogue to Host to a widespread highest-grade uranium the Athabasca Basin in a variety
Slide 6: Our Foundation
ATHA Energy Corp. | October 2025 Corporate Presentation Our Foundation Our People Our Assets Our Strategy A management and technical team with a Angilak Project (exploration target of 61 - 98M lbs Leveraging the largest uranium exploration strong capital markets presence and notable U3O8 at 0.37% -
Slide 7: A comprehensive asset portfolio with maximized torque to exploration upside
ATHA Energy Corp. | October 2025 Corporate Presentation ASSET OVERVIEW A comprehensive asset Thelon Basin Angilak portfolio with maximized Athabasca Basin Project Central Mineral torque to exploration upside Belt FLAGSHIP PROJECT ADVANCED TARGETS CARRIED INTEREST EXPLORATION PIPELINE Angilak CMB, Ge
Slide 8: Advancing an Exploration Portfolio
ATHA Energy Corp. | October 2025 Corporate Presentation Advancing an Exploration Portfolio Advancing a thoroughly diversified portfolio of exploration assets across the Lassonde Curve Team with track record of resource growth and uranium mine operations at many of the largest projects in North Ameri
Slide 9: Leading Exploration Upside
ATHA Energy Corp. | October 2025 Corporate Presentation Leading Exploration Upside DEVELOPERS EXPLORERS Enterprise Value (C$ million)1 7,235 $3,340 $3,256 Positioned as a leader amongst exploration peers, with an asset base and uranium project development and production experience to rapidly advance
Slide 10: The Angilak Project
ATHA Energy Corp. | October 2025 Corporate Presentation The Angilak Project FLAGSHIP PROJECT ADVANCED TARGETS CARRIED INTEREST EXPLORATION PIPELINE A high-grade uranium deposit located in Nunavut with significant exploration potential MRC KU Lac 50 Deposit The Angikuni Basin hosts some of the highes
Slide 11: 2024 Lac 50 Deposit Success
ATHA Energy Corp. | October 2025 Corporate Presentation 2024 Lac 50 Deposit Success FLAGSHIP PROJECT ADVANCED TARGETS CARRIED INTEREST EXPLORATION PIPELINE Expanding the footprint of known uranium LAC 50 DEPOSIT mineralization MRC KU Lac 50 Deposit Conceptual Exploration Target 60.8M lbs - 98.2M lbs
Slide 12: Lac 50 Deposit
ATHA Energy Corp. | October 2025 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 radi
Slide 13: Lac 50 Deposit
ATHA Energy Corp. | October 2025 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 1 Previous Deposit Mo
Slide 14: District Scale Potential
ATHA Energy Corp. | October 2025 Corporate Presentation District Scale Potential FLAGSHIP PROJECT ADVANCED TARGETS CARRIED INTEREST EXPLORATION PIPELINE The 31km RIB-Nine Iron Structural Corridor hosts multiple uranium discoveries and has the potential to host numerous uranium deposits1 1 See append
Slide 15: Mineralized RIB Corridor (“MRC”)
ATHA Energy Corp. | October 2025 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 Area F
Slide 16: Advanced Targets Across the Basin
ATHA Energy Corp. | October 2025 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
Slide 17: Carried Interest Upside
ATHA Energy Corp. | October 2025 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
Slide 18: Nunavut and CMB Assets
ATHA Energy Corp. | October 2025 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 urani
Slide 19: Canadian Uranium Discovery Torque
ATHA Energy Corp. | October 2025 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 Iso
Slide 20: Canada’s Premier Uranium Exploration Company Contact
TSXV : SASK FRA : X5U OTCQB : SASKF Canada’s Premier Uranium Exploration Company Corporate Presentation Contact October 2025 info@athaenergy.com 20
Slide 21: Disclaimer
ATHA Energy Corp. | October 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 dat
Slide 22: Historic Drilling & Sampling Appendix
ATHA Energy Corp. | October 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