11 August 2025
VANCOUVER, BC, Aug. 11, 2025 – ATHA Energy Corp. (TSXV: SASK) (FRA: X5U) (OTCQB: SASKF) (“ATHA” or the “Corporation“) is pleased to announce that it has engaged Stifel Canada to act as lead agent and sole bookrunner (together with a syndicate of agents, the “Agents“) in connection with a “best efforts” offering of up to $10,000,000 (the “Offering“) consisting of:
Common shares of the Company (each a “Common Share” and the Common Shares sold pursuant to the Offering, the “Hard Dollar Shares“) at a price of $0.60 per Hard Dollar Share;
Common Shares that qualify as “flow-through shares” (within the meaning of subsection 66(15) of the Income Tax Act (Canada) (the “Tax Act“)) (the “FT Shares“) at a price of $0.72 per FT Share; and
FT Shares that may be immediately resold or donated to registered charities (the “Charity FT Shares“, and collectively with the Hard Dollar Shares and the FT Shares, the “Offered Shares“), comprised of:
Federal Charity FT Shares (“Federal Charity FT Shares“) at a price of $0.90 per Federal Charity FT Share; and
Saskatchewan FT Shares (“SK Charity FT Shares“) at a price of $0.99 per SK Charity FT Share.