Vancouver, British Columbia, April 20, 2023 – ATHA Energy Corp. (CSE:SASK) (“ATHA” or the “Company”) announces that it has granted an aggregate of 5,700,000 stock options (the “Options”) to directors, officers and consultants of the Company. The Options have an exercise price of $1.44/share and expire on April 20, 2033.  The grant of the Options remains subject to the approval of the Canadian Securities Exchange (the “CSE”).

About ATHA

ATHA is a mineral exploration company focused on the acquisition, exploration and development of mineral resource properties. The Company has an option to acquire a 100% interest and title to the Golden Rose Property located in Northeastern Ontario and has acquired 3.4 million acres in the Athabasca basin in Saskatchewan and Alberta along with a 10% carried interest portfolio of claims operated by Nexgen Energy Ltd. (TSX: NXE) and IsoEnergy Ltd. (TSX-V: ISO).

For more information, please contact:

Mike Castanho
Chief Executive Officer and Director

Email: mike@athaenergy.com
Phone: 778-839-6579

Neither the CSE nor its regulation services provider has reviewed or accepted responsibility for the adequacy or accuracy of this release.