Atha Energy Corp. · TSXV:SASK
Atha Energy — Investor Presentation (April 2024)
30 slides from Atha Energy's investor presentation, Apr 11, 2024
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 April 2024
Slide 2: Disclaimer
ATHA Energy Corp. | April 2024 Corporate Presentation Disclaimer This document is a presentation (this “Presentation”) concerning certain general background information about the activities The material assumptions upon which forward-looking statements in this Presentation are based include, among o
Slide 3: Uniquely Positioned Growth Torque
ATHA Energy Corp. | April 2024 Corporate Presentation Uniquely Positioned Growth Torque A leading company for uranium exploration exposure through significant Significant Uranium Exploration Torque high grade historical resource expansion, multiple post-discovery corridor expansion opportunities, gr
Slide 4: Capital Structure
ATHA Energy Corp. | April 2024 Corporate Presentation Capital Structure Basic Shares Outstanding MM 277.9 Cash Position Share Price (April 5, 2024) C$0.84 C$60MM Basic Market Cap MM C$233.4 Historical U3O8 Resource1 Options MM 14.0 43.3MM lbs 14.5MM lbs Angilak Project CMB Discoveries RSUs / Perform
Slide 5: Best Canadian Uranium Jurisdictions
ATHA Energy Corp. | April 2024 Corporate Presentation Best Canadian Uranium Jurisdictions THE ATHABASCA BASIN THE THELON BASIN 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 uranium deposits in
Slide 6: Our Foundation
ATHA Energy Corp. | April 2024 Corporate Presentation Our Foundation Our People Our Assets Our Strategy A management and technical team with Angilak Project1 (43.3MM lbs 0.69% U3O8), Leveraging the largest uranium exploration a strong capital markets presence and CMB Discoveries1 (14.5MM lbs U3O8),
Slide 7: 2024 Exploration Outlook
ATHA Energy Corp. | April 2024 Corporate Presentation 2024 Exploration Outlook ATHA’s primary exploration activity Athabasca Angilak Project will target the Angilak, Gemini, and Basin high-priority Athabasca Basin targets Gemini Discovery Nunavut Saskatchewan Saskatchewan The Angilak Project The Gem
Slide 8: Dual Track Exploration & Growth Strategy
ATHA Energy Corp. | April 2024 Corporate Presentation Dual Track Exploration & Growth Strategy Exploration Targeted M&A at Scale Exploration Expansion DEPLOY GEOPHYSICS FARM-OUT AGREEMENTS HISTORIC DATA ANALYSIS Conduct high resolution ground geophysics Aggregating and analyzing historic Leveraging
Slide 9: A comprehensive asset portfolio with maximized torque to exploration upside
ATHA Energy Corp. | April 2024 Corporate Presentation ASSET OVERVIEW A comprehensive Thelon asset portfolio with Basin Angilak Project maximized torque to Central Athabasca Mineral Basin Belt exploration upside EXPLORATION PIPELINE CARRIED INTEREST RECENT DISCOVERY ESTABLISHED RESOURCE 8.1MM Acres o
Slide 10: Diversified exploration portfolio offers multi-basin access to uranium upside
ATHA Energy Corp. | April 2024 Corporate Presentation Diversified exploration portfolio offers multi-basin access to uranium upside at a deeply discounted value to exploration peers Share Market Total Enterprise Land EV / Land Company (Explorers) Flagship Asset Country Flagship Asset Region Price1 C
Slide 11: Leading Exploration Upside
ATHA Energy Corp. | April 2024 Corporate Presentation Leading Exploration Upside DEVELOPERS EXPLORERS Enterprise Value (C$ million) $6,053 $2,443 Positioned as a leader amongst exploration peers, with an asset base and financial capacity to advance projects to $725 $702 development stage $173 $169 $
Slide 12: Multi-Project Development Approach
ATHA Energy Corp. | April 2024 Corporate Presentation Multi-Project Development Approach ATHA recently began deploying the Company’s most significant exploration program to date into multiple projects with significant upside Optimizing capital allocation by deploying an increasing portion of total e
Slide 13: Thelon Basin Assets
ATHA Energy Corp. | April 2024 Corporate Presentation Thelon Basin Assets EXPLORATION PIPELINE CARRIED INTEREST RECENT DISCOVERY ESTABLISHED RESOURCE ATHA Energy holds an expansive northern exploration portfolio 2.9MM acres1 A proven, underexplored Kiggavik Deposit2,3 uranium jurisdiction with One o
Slide 14: The Angilak Project
ATHA Energy Corp. | April 2024 Corporate Presentation The Angilak Project EXPLORATION PIPELINE CARRIED INTEREST RECENT DISCOVERY ESTABLISHED RESOURCE A high-grade uranium deposit Deposit Expansion History located in Nunavut with district- 100.0 Historic Mineral Resource (MMlbs U3O8)1 scale expansion
Slide 15: 2024 Angilak Expansion
ATHA Energy Corp. | April 2024 Corporate Presentation 2024 Angilak Expansion EXPLORATION PIPELINE CARRIED INTEREST RECENT DISCOVERY ESTABLISHED RESOURCE Expanding the footprint of a known uranium mineralization Airborne geophysical surveys Surficial sampling and mapping programs Approximately 10,000
Slide 16: Athabasca Basin Assets
ATHA Energy Corp. | April 2024 Corporate Presentation Athabasca Basin Assets EXPLORATION PIPELINE CARRIED INTEREST RECENT DISCOVERY ESTABLISHED RESOURCE ATHA Energy holds the largest land package in the Basin 4.8MM acres Carefully accumulated over 10+ years by the most successful uranium staking tea
Slide 17: The Gemini Discovery
ATHA Energy Corp. | April 2024 Corporate Presentation The Gemini Discovery EXPLORATION PIPELINE CARRIED INTEREST RECENT DISCOVERY ESTABLISHED RESOURCE An exciting uranium discovery along a new mineralized trend GEM22-025 was the 8th best publicly reported uranium intercept drilled globally in 20221
Slide 18: 2024 Gemini Expansion
ATHA Energy Corp. | April 2024 Corporate Presentation 2024 Gemini Expansion EXPLORATION PIPELINE CARRIED INTEREST RECENT DISCOVERY ESTABLISHED RESOURCE Expanding on previously completed work at the Gemini Mineralized Zone (“GMZ”) Phase I: Ground Gravity Survey followed by the deployment of Fleet Spa
Slide 19: Gemini Expansion Potential
ATHA Energy Corp. | April 2024 Corporate Presentation Gemini Expansion Potential EXPLORATION PIPELINE CARRIED INTEREST RECENT DISCOVERY ESTABLISHED RESOURCE The Gemini Corridor presents an opportunity to define additional nearby discoveries as seen in the Patterson Lake and Rabbit Lake corridors PAT
Slide 20: Carried Interest Upside
ATHA Energy Corp. | April 2024 Corporate Presentation Carried Interest Upside EXPLORATION PIPELINE CARRIED INTEREST RECENT DISCOVERY ESTABLISHED RESOURCE ATHA holds upside in key land held by NexGen and IsoEnergy via 10% carried interest SW1 SW2 SW3 NexGen plans to target 10 different conductive tre
Slide 21: The CMB Discoveries
ATHA Energy Corp. | April 2024 Corporate Presentation The CMB Discoveries EXPLORATION PIPELINE CARRIED INTEREST RECENT DISCOVERY ESTABLISHED RESOURCE Dominant land position in Labrador’s Central Mineral Belt with existing discoveries 399,322 acres located in Newfoundland & Labrador Land package span
Slide 22: Dual-Pronged Growth Platform
ATHA Energy Corp. | April 2024 Corporate Presentation Dual-Pronged Growth Platform Organic Growth M&A Executing a fully funded exploration strategy to Leveraging farm-out agreements and consolidating reduce risk and increase probability of discovery quality uranium assets with expansion potential th
Slide 23: A uniquely-equipped uranium exploration company
ATHA Energy Corp. | April 2024 Corporate Presentation Discoveries & Expansion Torque Angilak, Gemini, and CMB discoveries host significant opportunity A uniquely-equipped to add lbs of U3O8 with expansion drilling. 10% carried interest providing upside to key parts of NexGen and IsoEnergy land1 uran
Slide 24: Contact
TSXV : SASK FRA : X5U OTCQB : SASKF Canada’s Premier Uranium Exploration Company Corporate Presentation Contact April 2024 info@athaenergy.com 24
Slide 25: Leadership Team
ATHA Energy Corp. | April 2024 Corporate Presentation Leadership Team Troy Boisjoli CEO Mike Castanho Chairman Mr. Boisjoli brings extensive experience in developing uranium assets both internationally and in the Athabasca Mr. Castanho is the principal of Axis Capital Ventures Corp., a private inves
Slide 26: Technical Team
ATHA Energy Corp. | April 2024 Corporate Presentation Technical Team Cliff Revering, P.Eng. Doug Adams VP Exploration Director of Basin Exploration Mr. Revering brings over 28 years of experience in the mining sector, encompassing grass-roots Mr. Adams has over 17 years of geoscience experience work
Slide 27: Targeting All Basin Deposit Models
ATHA Energy Corp. | April 2024 Corporate Presentation Targeting All Basin Deposit Models 1 2 3 Review of ATHA’s exploration districts show potential to host all Basin deposit models Beaverlodge 1 Basement 2 Unconformity 3 Style Hosted Hosted • Vein-hosted, near-surface deposits • These deposits are
Slide 28: Leveraging Modern Technology
ATHA Energy Corp. | April 2024 Corporate Presentation Leveraging Modern Technology Utilizing Geophysical Geochemical Historic Data Surveys Processing Utilizing historic exploration Methods include, QMAGT, Surface soil, lake sediment, rock, and data from previous ownership Xcite, MobileMT, ZTEM, VTEM
Slide 29: Disclaimer
ATHA Energy Corp. | April 2024 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 30: Disclaimer
ATHA Energy Corp. | April 2024 Corporate Presentation Disclaimer 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 each instance, the historical esti