Atha Energy Corp. ( (TSE:SASK) ) has shared an update.
ATHA Energy Corp. has announced a ‘best efforts’ private placement offering of charity flow-through common shares, aiming to raise up to C$10 million. The proceeds will be used to advance the exploration and development of the Angilak project and other exploration-stage projects. This strategic move is expected to bolster ATHA’s position in the uranium industry by enhancing its exploration capabilities and potentially increasing its asset value, thereby impacting stakeholders positively.
More about Atha Energy Corp.
ATHA Energy Corp. is a Canadian mineral company focused on the acquisition, exploration, and development of uranium assets, aiming to contribute to a clean energy future. The company boasts a strategically balanced portfolio with three 100%-owned post-discovery uranium projects, including the Angilak Project in Nunavut, CMB Discoveries in Labrador, and the GMZ high-grade uranium discovery in the Athabasca Basin. ATHA holds the largest cumulative prospective exploration land package in two prominent basins for uranium discoveries and a 10% carried interest in key Athabasca Basin exploration projects operated by NexGen Energy Ltd. and IsoEnergy Ltd.
YTD Price Performance: -32.54%
Average Trading Volume: 192,772
Technical Sentiment Signal: Buy
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