Mr. Troy Boisjoli reports

ATHA ENERGY ANNOUNCES APPROVAL TO LIST ON TSX-V AND RECEIPT OF FINAL ORDER FOR ARRANGEMENT WITH LATITUDE URANIUM

Atha Energy Corp. has received final approval to list Atha's common shares on the TSX Venture Exchange, with trading to commence at market opening on March 4, 2024, and will continue to use its current trading symbol. The Cusip number and ISIN (international securities identification number) have not changed.

Atha's common shares have been listed on the Canadian Securities Exchange since April 11, 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 TSX-V. The common shares are expected to be delisted from the CSE at the close of market on or about March 1, 2024.

The Ontario Superior Court of Justice has granted the final order in connection with the previously announced plan of arrangement under the Business Corporations Act (Ontario), pursuant to which, among other things, Atha will acquire all of the issued and outstanding common shares of Latitude Uranium Inc. in exchange for 0.2769 of a common share of Atha for each Latitude Uranium share held. As previously announced, the arrangement was approved by Latitude Uranium's shareholders at a special meeting held on Feb. 27, 2024.

Closing of the arrangement remains subject to satisfaction of certain customary closing conditions, including stock exchange and regulatory approvals. Subject to the satisfaction of these closing conditions, the parties currently expect to complete the arrangement on or around March 7, 2024.

Troy Boisjoli, chief executive officer 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 TSX-V, anticipated to provide improved access for international investors at the retail and institutional levels. The TSX-V 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."

About Atha Energy Corp.

Atha is a mineral exploration company focused on the acquisition, exploration and development of mineral resource properties. Atha holds the largest cumulative exploration package in the Athabasca and Thelon basins, two of the world's most prominent regions for uranium discoveries, with 6.4 million total acres. Additionally, Atha holds a 10-per-cent carried interest in key exploration claims operated by NexGen Energy Ltd. and IsoEnergy Ltd. within the Athabasca basin.

We seek Safe Harbor.