Saskatchewan’s uranium explorer ATHA Energy Corp. (CSE: SASK) (FRA: X5U) (OTCQB: SASKF) continues to establish an experienced leadership team to guide the company.
ATHA announced Monday that it had appointed new exploration and corporate affairs managers to its leadership roster.
Cliff Revering, the company’s new Vice President of Exploration, has had an extensive career in the uranium mining industry spanning nearly three decades. He was Cameco Corporation’s (TSX: CCO) (NYSE: CCJ) chief geologist at the Cigar Lake mine during its first five years. Throughout his career, he worked in three different continents.
Karina Tyne, ATHA’s newly appointed Director of Corporate Affairs, brings 16 years of experience to the table. She previously managed Indigenous relations for NexGen Energy Ltd. (TSX: NXE) (NYSE: NXE). Tyne also has regulatory, exploration and geology experience. She served with Cameco at McArthur River and completed various initiatives for Teck Resources Limited (TSX: TECK.A and TECK.B) (NYSE: TECK).
“ATHA is very privileged to welcome Mr. Revering and Ms. Tyne to our team at what we believe is an exciting inflection point for the company during a time of unprecedented macroeconomic strength in the uranium market,” ATHA CEO Troy Boisjoli said.
The addition of Revering and Tyne will enable ATHA to continue unlocking value across the company’s asset portfolio, Boisjoli says. They will both contribute unique expertise and insight as ATHA moves forward.
ATHA’s previous VP of exploration, Doug Adams, has transitioned to a new role as Director of Basin Exploration. He will have a different set of responsibilities while continuing to contribute to the company’s exploration endeavours.
Read more: ATHA Energy appoints highly-experienced technical advisor into its leadership roster
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ATHA gets shareholder approval for 92 and Latitude acquisition
Once ATHA’s merger with Latitude Uranium Inc. (CSE: LUR) (OTCQB: LURAF) and 92 Energy Limited (ASX: 92E) (OTCQX: NTELF) is finalized the combined company will become a leading influence in the global uranium industry. The deal is expected to close by the end of June.
ATHA will have over 7 million acres of exploration territory in the Athabasca Basin, Nunavut and Labrador.
The explorer received shareholder approval for the acquisitions last week.
💡 Our proposed merger 🤝 with 92 Energy involves the Gemini Project ♊️ which has striking similarities to the Rabbit Lake corridor – both in terms of the structure, the alteration, the mineralization and the geology #uranium $SASK.CN $SASKF @92_energy $NTELF $92E.AX 🔊
— ATHA Energy Corp $SASK.CN $SASKF (@athaenergycorp) February 12, 2024
ATHA appointed a new technical advisor to its team last week as well. Suraj Ahuja is a seasoned expert on mine geology and feasibility studies.
The uranium industry is currently in the midst of a substantial upswing. Certain factors, like a proposed ban on Russian uranium imports by the United States and an unprecedented rate of reactor construction, will continue to propel the market in North America and abroad.
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