File: '\\swfile\EmailIn\20240307 220912 Attachment Atha-PR-EWR-2024-03-07.docx'

35684181v1

35684181v1

FOR IMMEDIATE RELEASE

This press release is issued pursuant to National Instrument 62-104 - Take-Over Bids and Issuer Bids and National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issues.

ATHA ENERGY CORP. - EARLY WARNING REGARDING ACQUISITION OF COMMON SHARES OF LATITUDE URANIUM INC. (the "Company")

Vancouver, British Columbia - March 7, 2024 - Pursuant to the requirements of applicable securities laws, Atha Energy Corp. ("Atha") with an address of 1250 - 1066 West Hastings Street, Vancouver, British Columbia, V6E 3X1 reports that it acquired 232,734,103 commons shares of Latitude, which represents 100% of Latitude's currently issued and outstanding shares pursuant to a court approved plan of arrangement under the Business Corporations Act (Ontario) (the "Arrangement") involving Atha and Latitude.

Pursuant to the Arrangement, each holder of common share of Latitude ("the Latitude Shares") were acquired by Atha on the basis of 0.2769 of a common share of Atha for each Latitude Share. An aggregate of 64,444,004 Atha Shares were issued to former shareholders of Latitude.

Prior to the completion of the Arrangement, Atha did not beneficially own or control any securities of Latitude, and accordingly Atha's ownership increased from 0% to 100% of the issued and outstanding Latitude Shares following completion of the Arrangement.

A copy of the related early warning report may be obtained from the SEDAR+ website (www.sedarplus.ca) or from Atha at +1-306-460-5353, or by email at info@athaenergy.com.