Atha Energy Corp. · TSXV:SASK
Atha Energy — Investor Presentation (November 2024)
33 slides from Atha Energy's investor presentation, Nov 25, 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 November 2024
Slide 2: Disclaimer
ATHA Energy Corp. | November 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, amon
Slide 3: Uniquely Positioned Growth Torque
ATHA Energy Corp. | November 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,
Slide 4: Capital Structure
ATHA Energy Corp. | November 2024 Corporate Presentation Capital Structure Share Capital Analyst Coverage Firm Analyst Basic Shares Outstanding M 277.9 Basic Shares Escrowed 7.3% Puneet Singh Share Price (November 22, 2024) C$0.68 Alex Brown Basic Market Cap M C$189.0 Katie Lachapelle Options M 13.9
Slide 5: Best Canadian Uranium Jurisdictions
ATHA Energy Corp. | November 2024 Corporate Presentation Best Canadian Uranium Jurisdictions THE ATHABASCA BASIN THE THELON BASIN THE CENTRAL MINERAL BELT Home to the largest and A geological analogue to Host to a widespread highest-grade uranium the Athabasca Basin in a variety of uranium deposits
Slide 6: Our Foundation
ATHA Energy Corp. | November 2024 Corporate Presentation Our Foundation Our People Our Assets Our Strategy A management and technical team with a Angilak Project1 (43.3M lbs 0.69% U3O8), Leveraging the largest uranium exploration strong capital markets presence and CMB Discoveries1 (14.5M lbs U3O8),
Slide 7: Exploration & Growth Strategy
ATHA Energy Corp. | November 2024 Corporate Presentation Exploration & Growth Strategy Resource Exploration Targeted M&A Growth at Scale Exploration Expansion DEPLOY GEOPHYSICS FARM-OUT AGREEMENTS DEFINE TRENDS HISTORIC DATA ANALYSIS Conduct high resolution Leveraging ATHA’s extensive Define prospec
Slide 8: A comprehensive asset portfolio with maximized torque to exploration upside
ATHA Energy Corp. | November 2024 Corporate Presentation ASSET OVERVIEW A comprehensive Thelon asset portfolio with Basin Angilak Project Central maximized torque to Athabasca Mineral Basin Belt exploration upside ESTABLISHED RESOURCE RECENT DISCOVERY CARRIED INTEREST EXPLORATION PIPELINE Angilak &
Slide 9: Multi-Project Development Approach
ATHA Energy Corp. | November 2024 Corporate Presentation Multi-Project Development Approach ATHA recently began deploying the Company’s most significant exploration program to date into multiple projects with significant upside Optimizing capital allocation by deploying an increasing portion of tota
Slide 10: Leading Exploration Upside
ATHA Energy Corp. | November 2024 Corporate Presentation Leading Exploration Upside DEVELOPERS EXPLORERS Market Capitalization (C$ million) $7,017 $2,963 Positioned as a leader amongst exploration peers, with an asset base and financial capacity to advance projects to $756 $635 development stage $18
Slide 11: The Angilak Project
ATHA Energy Corp. | November 2024 Corporate Presentation The Angilak Project ESTABLISHED RESOURCE RECENT DISCOVERY CARRIED INTEREST EXPLORATION PIPELINE A high-grade uranium deposit Lac 50 Exploration History located in Nunavut with district- Lac 50 Exploration Target Model (Mlbs U3O8)1 scale expans
Slide 12: Substantial lbs at Value
ATHA Energy Corp. | November 2024 Corporate Presentation Substantial lbs at Value ESTABLISHED RESOURCE RECENT DISCOVERY CARRIED INTEREST EXPLORATION PIPELINE A successful 2024 exploration program at the Angilak Project positions ATHA with substantial in situ lbs at deeply discounted $10.5B value amo
Slide 13: 2024 Angilak Expansion
ATHA Energy Corp. | November 2024 Corporate Presentation 2024 Angilak Expansion ESTABLISHED RESOURCE RECENT DISCOVERY CARRIED INTEREST EXPLORATION PIPELINE Expanding the footprint of a known uranium Angikuni Basin & Yathkyed Basins, Nunavut LAC 50 DEPOSIT mineralization Avg. grade 0.69%1 Historic Re
Slide 14: Angilak Expansion Path
ATHA Energy Corp. | November 2024 Corporate Presentation Angilak Expansion Path ESTABLISHED RESOURCE RECENT DISCOVERY CARRIED INTEREST EXPLORATION PIPELINE POTENTIAL The 2024 exploration program has Production-Scale successfully begun outlining the Asset Explore potential at potential of the Angilak
Slide 15: 2024 Angilak Expansion
ATHA Energy Corp. | November 2024 Corporate Presentation 2024 Angilak Expansion ESTABLISHED RESOURCE RECENT DISCOVERY CARRIED INTEREST EXPLORATION PIPELINE TSXV : SASK FRA : X5U OTCQB : SASKF 15
Slide 16: 2024 Angilak Expansion
ATHA Energy Corp. | November 2024 Corporate Presentation 2024 Angilak Expansion ESTABLISHED RESOURCE RECENT DISCOVERY CARRIED INTEREST EXPLORATION PIPELINE TSXV : SASK FRA : X5U OTCQB : SASKF 16
Slide 17: The Gemini Discovery
ATHA Energy Corp. | November 2024 Corporate Presentation The Gemini Discovery ESTABLISHED RESOURCE RECENT DISCOVERY 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 202
Slide 18: 2024 Gemini Expansion
ATHA Energy Corp. | November 2024 Corporate Presentation 2024 Gemini Expansion ESTABLISHED RESOURCE RECENT DISCOVERY CARRIED INTEREST EXPLORATION PIPELINE Expanding on previously completed work at the Gemini Mineralized Zone (“GMZ”) Phase I: Ground Gravity Survey followed by the deployment of Fleet
Slide 19: Gemini Expansion Potential
ATHA Energy Corp. | November 2024 Corporate Presentation Gemini Expansion Potential ESTABLISHED RESOURCE RECENT DISCOVERY CARRIED INTEREST EXPLORATION PIPELINE The Gemini Corridor presents an opportunity to define additional nearby discoveries as seen in the Patterson Lake and Rabbit Lake corridors
Slide 20: Carried Interest Upside
ATHA Energy Corp. | November 2024 Corporate Presentation Carried Interest Upside ESTABLISHED RESOURCE RECENT DISCOVERY CARRIED INTEREST EXPLORATION PIPELINE ATHA holds upside in key land held by NexGen and IsoEnergy via 10% carried interest NexGen plans to target 10 different conductive trends at SW
Slide 21: Athabasca Basin Assets
ATHA Energy Corp. | November 2024 Corporate Presentation Athabasca Basin Assets ESTABLISHED RESOURCE RECENT DISCOVERY CARRIED INTEREST EXPLORATION PIPELINE ATHA Energy holds the largest land package in the Basin 4.8M acres Carefully accumulated over 10+ years by the most successful uranium staking t
Slide 22: Thelon Basin Assets
ATHA Energy Corp. | November 2024 Corporate Presentation Thelon Basin Assets ESTABLISHED RESOURCE RECENT DISCOVERY CARRIED INTEREST EXPLORATION PIPELINE ATHA Energy holds an expansive northern exploration portfolio 3.3M acres1 A proven, underexplored Kiggavik Deposit2,3 uranium jurisdiction with One
Slide 23: The CMB Discoveries
ATHA Energy Corp. | November 2024 Corporate Presentation The CMB Discoveries ESTABLISHED RESOURCE RECENT DISCOVERY 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 s
Slide 24: Dual-Pronged Growth Platform
ATHA Energy Corp. | November 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
Slide 25: A uniquely-equipped uranium exploration company
ATHA Energy Corp. | November 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 u
Slide 26: Canada's Premier Uranium Exploration Company
TSXV : SASK FRA : X5U OTCQB : SASKF Canada’s Premier Uranium Exploration Company Corporate Presentation Contact November 2024 info@athaenergy.com 26
Slide 27: Diversified exploration portfolio at a deeply discounted value to peers
ATHA Energy Corp. | November 2024 Corporate Presentation Diversified exploration portfolio and fully-funded exploration strategy offers multi- basin access to uranium upside at a deeply discounted value to exploration peers Flagship Flagship Current Share Market Land Market Cap / Company (Explorers)
Slide 28: Leadership Team
ATHA Energy Corp. | November 2024 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 Mr. Castanho is the principal of Axis Capital Ventures Corp., a
Slide 29: Technical Team
ATHA Energy Corp. | November 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 w
Slide 30: Targeting All Basin Deposit Models
ATHA Energy Corp. | November 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 a
Slide 31: Leveraging Modern Technology
ATHA Energy Corp. | November 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, V
Slide 32: Disclaimer
ATHA Energy Corp. | November 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 da
Slide 33: Disclaimer
ATHA Energy Corp. | November 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 e