Atha Energy Corp Stock Price, News & Analysis

ATHA Energy (OTCQB:SASKF) filed a final short form prospectus dated October 31, 2025 and received a receipt from the British Columbia Securities Commission qualifying up to 18,838,752 Units related to a prior private placement.

The company directed Odyssey Trust Company to convert all 17,126,138 Special Warrants into 17,126,138 Units. Each Unit equals one common share plus one warrant exercisable at $0.65 until September 18, 2028. A copy of the prospectus is available on SEDAR+.

ATHA Energy (OTCQB:SASKF / TSX.V:SASK) announced it has filed its Annual Information Form for year ended Dec 31, 2024 and a preliminary short form prospectus with Canadian securities commissions on October 21, 2025.

The filings relate to the proposed qualification of up to 18,838,752 units issuable on exercise or deemed exercise of 17,126,138 special warrants issued under special warrant indentures dated September 18, 2025 and an underwriting agreement led by Stifel Nicolaus Canada with Red Cloud Securities and Paradigm Capital.

Each Unit will consist of one common share and one common share purchase warrant. Copies of the AIF and prospectus are available on SEDAR+. The securities are not registered for sale in the United States.

ATHA Energy (OTCQB:SASKF) announced that, following a British Columbia Securities Commission review, it filed an amended and restated NI 43-101 Technical Report for the Angilak Project on October 21, 2025 to correct prior technical disclosure.

The amended report removes all historical mineral resource estimates, adds updated disclosure on a conceptual exploration target for the Lac 50 Deposit with required cautionary language, and supports disclosure in the company's Annual Information Form for a short form prospectus. The company also updated its website and investor materials for regulatory compliance.

ATHA Energy (OTCQB:SASKF) has announced a significant uranium discovery at its Angilak Uranium Project in Nunavut, Canada. The company's first hole at RIB North (RIBN-DD-001) intersected 26.3 meters of total composite uranium mineralization, including 1.9 meters of high-grade material, representing the project's best exploration results to date.

The discovery extends along the Mineralized RIB Corridor (MRC), with uranium mineralization now traced over a 4.4 km strike length on the eastern limb and 4.0 km on the western limb. The mineralization style is similar to Athabasca basement hosted deposits, featuring strong hematite alteration and graphitic structures.

This discovery positions Angilak as a potential new Canadian uranium jurisdiction, particularly significant given recent US government announcements regarding strategic uranium reserve expansion beyond their current 14-month stockpile.

ATHA Energy (OTCQB:SASKF) announced significant developments including a successful CAD $11.5 million over-subscribed bought deal and its third uranium discovery of 2025 at the Angilak Project in Nunavut, Canada.

The company reported two major discoveries: RIB West Discovery, defined by two drill holes intersecting uranium mineralization over ~340m strike length, with high-grade results showing up to 18,485 CPS, and RIB East Discovery, now expanded to eight mineralized drill holes over ~750m strike length, with peaks of 19,956 CPS.

The exploration program has benefited from Advanced Electromagnetic Inversion modeling across 12km of the 31km RIB-Nine Iron Trend, successfully mapping multiple stacked conductors. Currently, only ~55% of expected diamond drillhole results have been announced, with significant exploration potential remaining.

ATHA Energy Corp. (OTCQB:SASKF) has filed updated technical reports for two of its properties following a review by the British Columbia Securities Commission. The company submitted an updated NI 43-101 technical report for its CMB property in Newfoundland and Labrador, prepared by Stefan Kruse of Terrane Geoscience Inc., and another for its Gemini property in Saskatchewan, prepared by William Yeomans of Yeomans Geological Inc.

The company has also updated its website, investor presentation, and other materials to reflect these changes. The technical information has been reviewed and approved by Cliff Revering, the Company's Vice President of Exploration.

ATHA Energy (OTCQB:SASKF) has announced significant uranium discoveries at its RIB East target within the 100%-owned Angilak Uranium Project in Nunavut. The company completed three successful drill holes that intersected shallow uranium mineralization, representing the second new discovery during the 2025 Angilak Exploration Program.

Key findings include high-grade mineralization in RIBE-DD-002 with max radioactivity of 16,947 CPS, and RIBE-DD-003 showing continuous high-grade mineralization with max radioactivity of 30,730 CPS. The mineralization is hosted within a graphitic structure, similar to uranium deposits in the Athabasca Basin. The RIB East Discovery spans a 2-km long by 500m wide gravity anomaly with coincident conductors.

The discovery is part of ATHA's broader 10,000m diamond drilling program along the 31km RIB-Nine Iron Trend, demonstrating the potential of the Angikuni Basin as an emerging uranium district.

ATHA Energy (OTCQB:SASKF) has announced significant results from its first two diamond drill holes at the Angilak Uranium Project in Nunavut. The company's maiden drill hole at the KU Discovery Target successfully intersected shallow high-grade uranium mineralization, with a continuous shallow zone showing max radioactivity up to 18,490 CPS. The hole revealed total composite mineralization of 7.1m.

At the Lac 50 Deposit, drilling extended mineralization down-dip by ~100m, with hole J4R-DD-0091 intersecting 3.8m of composite mineralization including 0.4m of >10,000 CPS. These results are part of ATHA's 2025 Angilak Exploration Program, which comprises approximately 10,000m of diamond drilling.

The findings validate ATHA's thesis that the 31km RIB-Nine Iron corridor is prospective for hosting uranium mineralization within the Angikuni Basin, which they consider a direct analog to the Athabasca Basin.

ATHA Energy Corp has launched its 2025 Angilak diamond drill exploration program, planning approximately 10,000 meters of drilling at its 100%-owned Angilak Uranium Project in Nunavut. The program focuses on two main objectives: expanding the Lac 50 Deposit's mineralization footprint and exploring regional targets along the 31km Rib-Nine Iron Trend. The company recently completed ground gravity and electromagnetic surveys at two high-priority targets - the KU Discovery and Rib Discovery - which revealed significant anomalies consistent with high-grade uranium mineralization characteristics. The program builds on ATHA's successful 2024 campaign, which achieved a 100% hit rate for uranium mineralization across 25 drill holes. Additionally, ATHA has granted 9,448,750 stock options and 1,175,000 restricted share units to eligible participants under its Equity Incentive Plan.