ATHA Energy Bolsters Leadership Team Amid Uranium Market Momentum

• ATHA Energy Corp. strengthens its leadership team with strategic appointments
• New board member brings 25+ years of corporate executive and legal experience
• Incoming CFO has extensive uranium sector and mining industry expertise
• Company holds largest uranium exploration portfolio in two premium districts
• Management transition signals preparation for new growth phase in uranium cycle

Strategic Leadership Enhancement

ATHA Energy Corp. (TSXV: SASK, FRA: X5U, OTCQB: SASKF) has announced significant changes to its leadership structure, appointing Erinn Broshko as a Non-Executive Director and Rhéal Assié as Chief Financial Officer. These appointments come at a crucial time as the uranium sector experiences renewed interest and growing demand for nuclear energy globally.

Experienced Board Addition

The appointment of Erinn Broshko to ATHA's Board of Directors brings valuable expertise to the company's governance structure. With over 25 years of experience spanning corporate law, business leadership, and politics, Broshko's diverse background includes significant roles as CEO and Executive Chairman of a publicly listed biotechnology company and Executive Chairman of an energy services company. His current position as Managing Director of a Vancouver-based private equity firm adds crucial capital markets expertise to ATHA's board.

Financial Leadership Transition

Rhéal Assié's appointment as CFO, effective November 6, 2024, brings specialized uranium sector knowledge to ATHA's executive team. His 15-year career includes significant experience with Deloitte LLP, where he conducted audits for both junior and major mining companies. Notably, Assié's previous roles with industry giants Cameco and as CFO & Corporate Secretary of NexGen Energy Ltd. demonstrate deep understanding of the uranium sector's financial intricacies.

Seamless Transition Strategy

The company has structured a careful transition plan with the departing executives. Jeffrey Barber's resignation from the board and Akash Patel's departure as CFO will be supported by their continued involvement as consultants, ensuring operational continuity and knowledge transfer. CEO Troy Boisjoli emphasized the significance of this transition, stating, "We are deeply grateful to Jeffrey and Akash for their dedication and invaluable contributions during their time with ATHA. Their efforts have laid a strong foundation for our continued success. At the same time, we are also excited to welcome new members to the team and believe their expertise and vision align with our strategic goals as we enter this new phase of growth in the uranium cycle."

Market Position & Growth Potential

ATHA Energy's position as the holder of the largest uranium exploration portfolio in two of the world's highest-grade uranium districts presents significant opportunity for investors. The timing of these leadership changes aligns with the company's preparation for an active phase in the uranium market cycle, suggesting potential for enhanced operational execution and value creation.

Investment Outlook

ATHA Energy represents an compelling investment opportunity in the uranium sector for several reasons. First, the company's extensive exploration portfolio in premium uranium districts provides significant exposure to uranium price appreciation and discovery potential. Second, the recent enhancement of the leadership team with uranium industry veterans and experienced executives demonstrates a commitment to professional management and strategic growth.

The addition of Broshko's capital markets experience and Assié's uranium sector expertise positions ATHA to potentially capitalize on the growing global demand for nuclear energy and uranium resources. For investors seeking exposure to the uranium sector, ATHA's combination of premium assets and strengthened leadership team merits consideration in a diversified portfolio, particularly as the nuclear energy sector gains prominence in the global transition to clean energy sources.