ATHA Energy Corp. (CSE: SASK | FRA: X5U | OTCQB: SASKF) has received the final approval to list ATHA’s common shares on the TSX Venture Exchange (TSXV), with trading to commence at market opening on 4 March 2024, and will continue to use its current trading symbol.
ATHA’s common shares have been listed on the Canadian Securities Exchange since 11 April 2023, under the trading symbol “SASK”.
ATHA has applied to voluntarily delist its common shares from the CSE prior to completion of the listing on the TSXV.
Troy Boisjoli, CEO of ATHA commented, “On behalf of ATHA Energy, I extend our sincere appreciation to the Latitude Uranium team and shareholders for recognizing and approving of our shared vision and goals – creating one of the premier uranium exploration companies, globally. Additionally, we are very excited to announce ATHA’s listing on the TSXV, anticipated to provide improved access for international investors at the retail and institutional levels.”
In addition, ATHA has been granted the final order in connection with the previously announced plan of arrangement in which ATHA will acquire all of the issued and outstanding common shares of Latitude Uranium Inc. (CSE: LUR) in exchange for 0.2769 of a common share of ATHA for each LUR share held.
“The TSXV listing, concurrent with receipt of the final court approval of the Latitude Uranium transaction, is a momentous achievement and marks a new chapter for ATHA Energy as we continue to advance on our overall objective of discovering and developing the world’s next generation of uranium assets.” Added Mr. Boisjoli.
Closing of the arrangement remains subject to satisfaction of certain customary closing conditions, including stock exchange and regulatory approvals. The parties currently expect to complete the Arrangement on or around 7 March 2024.
To find out more, please visit www.athaenergy.com
To read more articles like this, please visit www.theassay.com/news
