ATHA Energy and Latitude Uranium complete merger

On March 7, 2024, ATHA Energy Corp. (TSXV: SASK) (FRA: X5U) (OTCQB: SASKF) and Latitude Uranium Inc. (CSE: LUR) (OTCQB: LURAF) (FRA: EI1) announced the successful completion of the previously announced arrangement whereby ATHA acquired 100% of the issued and outstanding common shares of Latitude Uranium. Latitude Uranium is now a wholly owned subsidiary of ATHA.

Eight Capital, acting as financial advisor to the Board of Directors of ATHA, had earlier provided a fairness opinion to the Board stating that, as of the date of such opinion, and based upon and subject to the considerations, assumptions, limitations and qualifications set out therein, the consideration to be provided under the transaction was fair, from a financial point of view, to ATHA.

Gowling WLG advised Eight Capital with respect to this transaction with a team that included Peter Simeon, Jacob Cawker and Ashley Andaya.