Atha Energy Corp. · TSXV:SASK
Atha Energy — Investor Presentation (September 2023)
25 slides from Atha Energy's investor presentation, September 2023
Slide 1: Developing Canada's Uranium Assets in Pursuit of a Clean Energy Future
ATHA Energy Corporate Presentation | September 2023 Developing Canada’s Uranium Assets in Pursuit of a Clean Energy Future CSE : SASK FRA : X5U OTCQB : SASKF Corporate Presentation September 2023
Slide 2: Disclaimer
ATHA Energy Corporate Presentation | September 2023 Disclaimer The information contained in this document (the “Presentation”) has been prepared by ATHA Energy Corp. (“ATHA” or the “Company”) and contains confidential information pertaining to the business, operations and assets of the Company. All
Slide 3: An Unprecedented Uranium Cycle
ATHA Energy Corporate Presentation | September 2023 An Unprecedented Uranium Cycle ATHA was developed to align with the strongest nuclear energy climate and uranium tailwinds seen in decades Pursuit of Net- Emerging Geopolitical Supply New Demand Zero Emissions Production Gap Uncertainty and Adoptio
Slide 4: Nuclear energy represents a solution to net zero energy policy
ATHA Energy Corporate Presentation | September 2023 PURSUIT OF NET ZERO EMISSIONS Nuclear energy represents a solution to net zero energy policy Emission-Free Emission Equivalent (CO2 equivalent emissions / gigawatt-hour)1 As the lowest CO2 energy option, nuclear is the best choice for governments l
Slide 5: A structural gap exists in the uranium market
ATHA Energy Corporate Presentation | September 2023 EMERGING PRODUCTION GAP A structural gap exists in the uranium market Projected Supply and Demand of Uranium (tonnes U)1 175,000 150,000 Filling the Gap 125,000 Supply Development projects will need to 100,000 Deficit be brought online to meet futu
Slide 6: Significant need for stable North American uranium supply
ATHA Energy Corporate Presentation | September 2023 GEOPOLITICAL SUPPLY UNCERTAINTY Significant need for stable North American uranium supply DEMAND DRIVEN BY OECD GEOPOLITICAL SUPPLY UNCERTAINTY Reactor capacity (% global MW); Annual production (% of global tonnes U)1,2 Top producers by country (%)
Slide 7: Nuclear energy continues to gain traction alongside innovation of small modular reactors
ATHA Energy Corporate Presentation | September 2023 NEW DEMAND AND ADOPTION September 5, 2023: Oklo selected for Alaska airbase microreactor Nuclear energy continues to gain traction alongside September 1, 2023: Japan, U.K. to agree on building demo of next generation nuclear plant innovation of sma
Slide 8: The Athabasca Basin
ATHA Energy Corporate Presentation | September 2023 THE ATHABASCA BASIN Athabasca Basin Home to the largest and highest- grade uranium deposits in the world1 SK Over 900 million lbs of U3O8 produced since 19751 SK Known resources of 606,600 tonnes of U3O8 and significant room for exploration, the At
Slide 9: Our Foundation
ATHA Energy Corporate Presentation | September 2023 Our Foundation Our People Our Assets Our Strategy A management and technical team with 3.4 million acres of land across four Leveraging modern geophysical and Athabasca Basin-specific uranium exploration districts, with the potential geochemical te
Slide 10: Capital Structure
ATHA Energy Corporate Presentation | September 2023 Capitalization Millions Basic Shares Outstanding Post-Listing 126.6 Options Outstanding 7.0 Restricted Share Units 2.3 Fully-Diluted Shares Outstanding Post-Listing 135.9 ATHA ENERGY CORP. Capital Cash Position1 Board, Management, & Insider Ownersh
Slide 11: ATHA's large land exposure offers access to Athabasca Basin uranium upside at a deeply discounted value
ATHA Energy Corporate Presentation | September 2023 ATHA’s large land exposure offers access to Athabasca Basin uranium upside at a deeply discounted value to exploration peers Share Price Shares Outstanding Cash Enterprise Value 2022 Production Resource Estimate Land Position Company Ticker EV/Acre
Slide 12: ATHA's large land exposure offers access to Athabasca Basin uranium upside at a deeply discounted value
ATHA Energy Corporate Presentation | September 2023 ATHA’s large land exposure offers access to Athabasca Basin uranium upside at a deeply discounted value to exploration peers LAND HOLDINGS1 VALUE PER ACRE CASH POSITION2 Land holdings of exploration peers (000’s acres) EV/acre of exploration peers
Slide 13: The Basin's largest land package
ATHA Energy Corporate Presentation | September 2023 LAND PACKAGE The Basin’s largest land package 3.4 million acres Carefully accumulated over 10+ years by the most successful uranium staking team in Canada CSE : SASK FRA : X5U OTCQB : SASKF 13
Slide 14: ATHA holds upside in key land held by NexGen Energy via 10% carried interest
ATHA Energy Corporate Presentation | September 2023 ATHA holds upside in key land held by NexGen Energy via 10% carried interest Shea Creek Indicated1 Inferred1 DEPOSIT 68MM 28MM Triple R Resource Size (lbs)2 NPV2 DEPOSIT 130.4MM C$1.2B Arrow Resource Size (lbs)3 NPV3 DEPOSIT 337.4MM C$3.5B Centenni
Slide 15: ATHA holds upside in key land held by IsoEnergy via 10% carried interest
ATHA Energy Corporate Presentation | September 2023 ATHA holds upside in key land held by IsoEnergy via 10% carried interest • The world’s highest-grade Cigar Lake mine1 OPERATING MINE • Produced 105MM lbs of uranium since 20141 • World’s largest high-grade McArthur River uranium mine1 OPERATING MIN
Slide 16: Discovery Strategy: Improve Probability
ATHA Energy Corporate Presentation | September 2023 HISTORIC DATA ANALYSIS Discovery Strategy Aggregating and analyzing historic data of 3.4-million-acre property A systematic and analytical approach to managing risk GEOPHYSICAL SURVEY and maximizing value Integrate various airborne, ground, and bor
Slide 17: Targeting All Basin Deposit Models
ATHA Energy Corporate Presentation | September 2023 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 st
Slide 18: Leveraging Modern Technology
ATHA Energy Corporate Presentation | September 2023 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 h
Slide 19: ATHA is undertaking the largest ever multi-platform electromagnetic survey in the history of the Athabasca Basin
ATHA Energy Corporate Presentation | September 2023 MAIDEN EXPLORATION PROGRAM PROGRAM OVERVIEW ATHA is undertaking the largest ever COVERAGE 2.1 million acres multi-platform electromagnetic survey in the history of the Retain the largest contiguous Athabasca Basin GOAL plot of data using modern geo
Slide 20: ATHA is initially targeting three of four exploration districts for discovery
ATHA Energy Corporate Presentation | September 2023 MAIDEN EXPLORATION PROGRAM East Rim ATHA is initially targeting • Area is the focus of most historic exploration and uranium production in the past 60 years three of four exploration • Depth to this unconformity ranges from 0m outside of the Basin
Slide 21: Building a strong foundation for shareholder value creation
ATHA Energy Corporate Presentation | September 2023 Building a strong foundation for shareholder value creation Q3 2022 Q2 2023 Q2-Q3 2023 Land Package Finalized Technical Team Begin Exploration Signed definitive with The Appointed full Commence exploration New Saskatchewan technical team and progra
Slide 22: Uniquely Established for Growth
ATHA Energy Corporate Presentation | September 2023 Uniquely Established for Growth Largest Property Holder in the Athabasca Basin Exploring the largest held land package in highest ATHA Energy is a uniquely-equipped grade basin in the world – 3.4 million acres in the Athabasca Basin.1,2 vehicle for
Slide 23: Securing Canada's next generation of uranium supply
ATHA Energy Corporate Presentation | September 2023 Securing Canada’s next generation of uranium supply CSE : SASK FRA : X5U OTCQB : SASKF September 2023 Corporate Presentation 23
Slide 24: Leadership Team
ATHA Energy Corporate Presentation | September 2023 Leadership Team Troy Boisjoli CEO Doug Engdahl Managing Director Mr. Boisjoli brings extensive experience in developing uranium assets both internationally Mr. Engdahl has over 20 years of experience managing various companies with over 15 and in t
Slide 25: Technical Team
ATHA Energy Corporate Presentation | September 2023 Technical Team Doug Adams VP, Exploration Mr. Adams has over 17 years of geoscience experience working in the mining industry ATHA is leveraging the extensive with a specific focus in uranium. Mr. Adams spent over 10 years as a geologist with Camec