Dixie Gold Inc.TSXV: DG

Athabasca Nuclear Corporation Closes on the Torp Lake and Phoenix Lithium Claims

May 20, 2016 at 6:08 PM UTC · Issued by Dixie Gold Inc.

Vancouver, British Columbia (FSCwire) - Athabasca Nuclear Corporation (TSX-V: ASC) (“ASC” or the “Corporation”) is pleased to report that it has closed the acquisition of the claims hosting the Phoenix and Torp Lake lithium pegmatites as originally announced by news release dated May 2, 2016.

For more information, visit www.spodumene.ca.

About Athabasca Nuclear Corporation

Athabasca Nuclear Corporation (TSXV:ASC) is an exploration company holding a 100% position in the Spodumene Lake and Dumont Lithium Projects, which combined represent a large tenure position in the Whabouchi Lithium District and a 50% interest in the district-scale Preston Uranium Project, one of the largest land tenure positions in the emerging Western Athabasca Basin. More information about ASC and its projects may be found at www.athabascanuclear.com.

Signed,

Ryan Kalt, Chief Executive Officer

Forward-Looking Statements

This news release contains forward-looking statements. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently expected or forecast in such statements.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Info:

Brian Biles

604-329-4421

athabascanuclear@gmail.com
www.athabascanuclear.com

To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/AthabascaMay202016.pdf

Source: Athabasca Nuclear Corporation (TSX Venture:ASC) http://www.athabascanuclear.com

Maximum News Dissemination by FSCwire. http://www.fscwire.com