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Friday, Apr 26, 2024
Mugglehead Magazine
Alternative investment news based in Vancouver, B.C.

Uranium

ATHA Energy hires knowledgeable senior vice president of business development

Ryan Gaffney served as a Managing Director at Canaccord Genuity for 13 years

ATHA Energy hires knowledgeable senior vice president of business development
The Athabasca Basin. Photo credit: Stallion Uranium

Vancouver’s ATHA Energy Corp. (CSE: SASK) (FRA: X5U) (OTCQB: SASKF), an influential uranium explorer with the largest land package in the Athabasca Basin, has added another seasoned team member to its leadership roster.

The company announced Tuesday that it has appointed Ryan Gaffney as its new Senior Vice President of Business Development. He has had an extensive career in finance, including a 13-year term as a managing director at Canaccord Genuity Corp. (TSX: CF).

Gaffney is also experienced in the mining industry. He served as a director at Future Battery Minerals (ASX: FBM) between 2016 and 2019 — formerly Auroch Minerals.

Between 2020 and this year he worked in the oil and gas industry at Canadian Overseas Petroleum Limited (CSE: XOP), serving as its chief financial officer. He received his education at the University of Denver where he graduated with a Bachelor of Science in Business Administration.

“We are very fortunate to welcome Mr. Gaffney and his decades of capital markets and resource experience to the ATHA team as we continue to assemble a world-class team of experienced professionals,” ATHA CEO Troy Boisjoli said.

Others who have recently joined ATHA’s team include Cliff Revering, a uranium expert and former Chief Geologist at Cameco Corporation’s (TSX: CCO) (NYSE: CCJ) Cigar Lake mine; Karina Tyne, ATHA’s new Director of Corporate Affairs; and Suraj Ahuja — another accomplished geologist.

Read more: Stallion Uranium completes extensive geophysical survey on ATHA Energy joint venture property

Read more: ATHA Energy adds seasoned exploration and corporate affairs managers to its team

Latitude Uranium shareholders approve merger

ATHA is currently going through regulatory processes related to its pending acquisition of Latitude Uranium Inc. (CSE: LUR) and 92 Energy Limited (ASX: 92E). The merger, expected to close next month, will result in a combined company with over 7 million acres of uranium exploration tenements in Canada’s top jurisdictions.

On Tuesday, Latitude shareholders overwhelmingly approved the acquisition.

In its news release on the matter, Latitude said that because the spot price of uranium has risen well above US$75 per pound, it was required to pay the original vendor of its Moran Lake property in Labrador C$375,000 and an equivalent amount of stock.

Upon completion of the acquisition, ATHA’s land package will extend through Saskatchewan’s section of the Athabasca Basin, Labrador and Nunavut.

ATHA has applied to list its shares on the TSX Venture Exchange and will eventually be de-listing from the Canadian Securities Exchange. The TMX Group Ltd (TSX: X) exchange has superior characteristics.

 

ATHA Energy is a sponsor of Mugglehead news coverage

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