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ATHA Files Updated Technical Reports

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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.

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On the day this news was published, SASKF declined 1.87%, reflecting a mild negative market reaction.

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VANCOUVER, BRITISH COLUMBIA / ACCESS Newswire / September 10, 2025 / ATHA Energy Corp. (TSX.V:SASK)(FRA:X5U)(OTCQB:SASKF) ("ATHA" or the "Company"), as a result of a review by the British Columbia Securities Commission, the Company is issuing the following news release to clarify certain disclosure. The Company announces today that it has filed: (i) an updated technical report in respect of its CMB property located in Newfoundland and Labrador, Canada dated July 8, 2025 and effective June 14, 2025 entitled "NI 43-101 Technical Report, Central Mineral Belt Property, Newfoundland and Labrador, Canada" prepared by Stefan Kruse, Ph.D., P. Geo. of Terrane Geoscience Inc.; and (ii) an updated technical report in respect of its Gemini property located in Saskatchewan, Canada dated May 22, 2025 and effective February 10, 2024 entitled "Technical Report on the Gemini Project, Northern Saskatchewan, Canada" prepared by William Yeomans, B.Sc., P. Geo. Of Yeomans Geological Inc., each in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101"). Copies of the technical reports are available under the Company's SEDAR+ profile at www.sedarplus.ca.

The Company has also updated certain disclosures on its website, investor presentation and other materials in connection with the foregoing.

Qualified Person

Cliff Revering, P.Eng., Vice President, Exploration of the Company and a qualified person in accordance with NI 43-101, has reviewed and approved of the scientific and technical disclosure in this news release.

About ATHA

ATHA is a Canadian mineral company engaged in the acquisition, exploration, and development of uranium assets in the pursuit of a clean energy future. With a strategically balanced portfolio including three 100%-owned uranium projects (the Angilak Project in Nunavut, CMB Discoveries in Labrador, and the basement hosted GMZ zone located in the Athabasca Basin). In addition, the Company holds the largest cumulative prospective exploration land package (>7 million acres) in two of the world's most prominent basins for uranium discoveries - ATHA is well positioned to drive value. ATHA also holds a 10% carried interest in key Athabasca Basin exploration projects operated by NexGen Energy Ltd. and IsoEnergy Ltd. For more information visit www.athaenergy.com.

On Behalf of the Board of Directors

Troy Boisjoli
CEO and Director
ATHA Energy Corp.

For more information, please contact:

Troy Boisjoli
Chief Executive Officer and Director

Email: info@athaenergy.com
www.athaenergy.com

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

SOURCE: ATHA Energy Corp



View the original press release on ACCESS Newswire

FAQ

What technical reports did ATHA Energy (SASKF) file in September 2025?

ATHA Energy filed two updated NI 43-101 technical reports: one for the CMB property in Newfoundland and Labrador (dated July 8, 2025) and another for the Gemini property in Saskatchewan (dated May 22, 2025).

Where can investors access ATHA Energy's (SASKF) updated technical reports?

The updated technical reports are available under ATHA Energy's SEDAR+ profile at www.sedarplus.ca.

Who prepared the technical reports for ATHA Energy's properties?

The CMB property report was prepared by Stefan Kruse of Terrane Geoscience Inc., while the Gemini property report was prepared by William Yeomans of Yeomans Geological Inc.

Why did ATHA Energy (SASKF) file updated technical reports in 2025?

ATHA Energy filed the updated technical reports as a result of a review by the British Columbia Securities Commission to clarify certain disclosures.
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