Atha Energy Announces Appointment of New Board Member and Chief Financial Officer
ATHA Energy Corp (OTCQB: SASKF) announces key leadership changes with the appointment of Erinn Broshko as Non-Executive Director and Rhéal Assié as Chief Financial Officer. Broshko brings 25 years of experience as a corporate executive and lawyer, while Assié has over 15 years in accounting and mining, including uranium sector expertise. The company also announces the departures of Jeffrey Barber from the Board and Akash Patel as CFO, both of whom will provide transition consulting services. Additionally, ATHA has engaged ICP Securities for automated market making services at C$7,500 monthly, effective October 15, 2024, for an initial three-month term.
ATHA Energy Corp (OTCQB: SASKF) annuncia importanti cambiamenti nella leadership con la nomina di Erinn Broshko come Direttore Non Esecutivo e Rhéal Assié come Direttore Finanziario. Broshko porta con sé 25 anni di esperienza come dirigente aziendale e avvocato, mentre Assié ha oltre 15 anni di esperienza nella contabilità e nel settore minerario, comprese competenze nel settore dell'uranio. L'azienda annuncia inoltre le dimissioni di Jeffrey Barber dal Consiglio e di Akash Patel come CFO, entrambi dei quali forniranno servizi di consulenza per la transizione. Inoltre, ATHA ha ingaggiato ICP Securities per servizi automatizzati di market making a C$7.500 mensili, a partire dal 15 ottobre 2024, per un periodo iniziale di tre mesi.
ATHA Energy Corp (OTCQB: SASKF) anuncia cambios clave en el liderazgo con el nombramiento de Erinn Broshko como Directora No Ejecutiva y Rhéal Assié como Director Financiero. Broshko aporta 25 años de experiencia como ejecutiva corporativa y abogada, mientras que Assié tiene más de 15 años en contabilidad y minería, incluyendo experiencia en el sector del uranio. La empresa también anuncia la salida de Jeffrey Barber de la Junta y de Akash Patel como CFO, quienes proporcionarán servicios de consultoría durante la transición. Además, ATHA ha contratado a ICP Securities para servicios automatizados de creación de mercado a C$7,500 mensuales, a partir del 15 de octubre de 2024, por un período inicial de tres meses.
ATHA Energy Corp (OTCQB: SASKF)는 Erinn Broshko를 비상임 이사로, Rhéal Assié를 최고 재무 책임자로 임명하면서 주요 리더십 변화를 발표했습니다. Broshko는 기업 임원 및 변호사로서 25년의 경력을 가지고 있으며, Assié는 회계 및 광업 분야에서 15년 이상의 경험을 가지고 있으며, 우라늄 부문 전문성을 갖추고 있습니다. 회사는 또한 Jeffrey Barber가 이사회에서 퇴임하고, Akash Patel가 CFO로서 사임하는 것을 발표했으며, 이들은 모두 전환 컨설팅 서비스를 제공할 것입니다. 또한, ATHA는 ICP Securities와 계약하여 2024년 10월 15일부터 초기 3개월 동안 매달 C$7,500에 자동화된 시장 조성 서비스를 제공받을 것입니다.
ATHA Energy Corp (OTCQB: SASKF) annonce des changements clés au sein de la direction avec la nomination de Erinn Broshko en tant que Directrice Non Exécutive et Rhéal Assié en tant que Directeur Financier. Broshko possède 25 ans d'expérience en tant que dirigeante d'entreprise et avocate, tandis qu'Assié a plus de 15 ans d'expérience dans la comptabilité et l'exploitation minière, y compris une expertise dans le secteur de l'uranium. L'entreprise annonce également le départ de Jeffrey Barber du Conseil et d'Akash Patel en tant que CFO, tous deux fourniront des services de conseil pour la transition. De plus, ATHA a engagé ICP Securities pour des services de création de marché automatisés à C$7.500 par mois, à compter du 15 octobre 2024, pour une période initiale de trois mois.
ATHA Energy Corp (OTCQB: SASKF) gibt wichtige Veränderungen in der Führung bekannt, darunter die Ernennung von Erinn Broshko zur nicht-executiven Direktorin und Rhéal Assié zum Chief Financial Officer. Broshko bringt 25 Jahre Erfahrung als Unternehmensleiterin und Juristin mit, während Assié über 15 Jahre Erfahrung in der Buchhaltung und im Bergbau verfügt, einschließlich Fachkenntnisse im Uransektor. Das Unternehmen gibt außerdem die Abgänge von Jeffrey Barber aus dem Vorstand und von Akash Patel als CFO bekannt, die beide Übergangsberatungsdienste anbieten werden. Darüber hinaus hat ATHA ICP Securities für automatisierte Marktsecurities zu monatlich C$7.500 engagiert, beginnend am 15. Oktober 2024, zunächst für einen Zeitraum von drei Monaten.
- Appointment of CFO with specific uranium sector experience
- New board member brings 25 years of corporate and legal expertise
- Smooth transition planned with departing executives providing consulting services
- None.
VANCOUVER, British Columbia, Oct. 29, 2024 (GLOBE NEWSWIRE) -- ATHA Energy Corp. (TSXV: SASK) (FRA: X5U) (OTCQB: SASKF) (“ATHA”) holder of the largest uranium exploration portfolio in two of the highest-grade uranium districts in the world, is pleased to announce the appointment a new Non-Executive Director and a new Chief Financial Officer.
- Mr. Erinn Broshko has been appointed to its Board of Directors, effective immediately; and,
- Mr. Rhéal Assié has been appointed as Chief Financial Officer, effective November 6, 2024.
Mr. Broshko brings over 25 years as a corporate executive and lawyer with a diverse career spanning law, business, and politics. He began his professional career as a corporate and securities lawyer in Vancouver, eventually transitioning to leadership roles in the business world that included positions such as CEO and Executive Chairman of a publicly listed biotechnology company and Executive Chairman of an energy services company. Mr. Broshko is currently the Managing Director of a Vancouver-based private equity firm.
Mr. Assié has worked in the accounting and mining industry for over 15 years, including past experience in the uranium sector. Mr. Assié worked for Deloitte LLP for a number of years conducting audits on junior and major mining companies and providing advisory services to both the public, private and government sectors. He also worked for large mining companies including Agrium, Cameco, and as CFO & Corporate Secretary of NexGen Energy Ltd.
ATHA also announces the resignations of Mr. Jeffrey Barber from the board of Directors of the Company as well as the resignation of Mr. Akash Patel as CFO, to be effective November 6, 2024. Each of Mr. Barber and Mr. Patel have agreed to provide consulting services to the Company for a period of time that provides for an orderly transition.
Troy Boisjoli, CEO of ATHA commented, “We are deeply grateful to Jeffrey and Akash for their dedication and invaluable contributions during their time with ATHA. Their efforts have laid a strong foundation for our continued success. At the same time, we are also excited to welcome new members to the team and believe their expertise and vision align with our strategic goals as we enter this new phase of growth in the uranium cycle.”
MARKET MAKING SERVICES
ATHA is also pleased to announce that it has engaged the services of ICP Securities Inc. (“ICP”) to provide automated market making services, including use of its proprietary algorithm, ICP Premium™, in compliance with the policies and guidelines of the TSX Venture Exchange and other applicable legislation. ICP will be paid a monthly fee of C
ICP is an arm’s length party to the Company. ICP’s market making activity will be primarily to correct temporary imbalances in the supply and demand of the Company’s shares. ICP will be responsible for the costs it incurs in buying and selling the Company’s shares, and no third party will be providing funds or securities for the market making activities.
ICP is a closely held Canadian corporation and an arm’s length party to the Company. ICP and its affiliates do not own any securities in the Company.
About ICP Securities Inc.
ICP Securities Inc. is a Toronto based CIRO dealer-member that specializes in automated market making and liquidity provision, as well as having a proprietary market making algorithm, ICP Premium™, that enhances liquidity and quote health. Established in 2023, with a focus on market structure, execution, and trading, ICP has leveraged its own proprietary technology to deliver high quality liquidity provision and execution services to a broad array of public issuers and institutional investors.
About ATHA
ATHA is a Canadian mineral company with a strategically balanced portfolio including
For more information, please contact:
Troy Boisjoli
Chief Executive Officer
Email: info@athaenergy.com
www.athaenergy.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Statement Regarding Forward-Looking Information
The information contained herein includes “forward-looking statements” and “forward-looking information” as defined under applicable Canadian securities laws (“forward-looking statements”). Forward-looking statements and information can generally be identified by the use of terms such as “may”, “will”, “should”, “expect”, “intend”, “estimate”, “continue”, “believe”, “plans”, “anticipate” or similar terms.
Forward-looking information and statements include, but are not limited to, statements with respect to the activities, events or developments that Atha expects or anticipates will or may occur in the future, including those regarding the benefits that may be derived from the Agreement, the effectiveness of the services provided by ICP, future growth and ability to create new streams or royalties, the development and focus of the Company, its acquisition strategy, the plans and expectations of the operators of the projects underlying its interests, including the proposed advancement and expansion of such projects; the results of exploration, development and production activities of the operators of such projects; and the Company’s expectations regarding future revenues.
Forward-looking information and statements are based on the current expectations, beliefs, assumptions, estimates and forecasts about Atha Energy’s business and the industry and markets in which it operates. Forward-looking information and statements are made based upon numerous assumptions and although the assumptions made by the Company in providing forward-looking information and statements are considered reasonable by management at the time, there can be no assurance that such assumptions will prove to be accurate. Forward-looking information and statements also involve known and unknown risks and uncertainties and other factors, which may cause actual results, performances and achievements of Atha Energy to differ materially from any projections of results, performances and achievements of Atha Energy including, without limitation, any inability of the operators of the properties underlying the Company’s royalty and stream interests to execute proposed plans for such properties or to achieve planned development and production estimates and goals, risks related to the operators of the projects in which the Company holds interests, including the successful continuation of operations at such projects by those operators, risks related to exploration, development, permitting, infrastructure, operating or technical difficulties on any such projects, risks related to international operations, government relations and environmental regulation, uncertainty relating to the availability and costs of financing needed in the future and the Company’s ability to carry out its growth plans as well as the impact of the COVID-19 pandemic and other related risks and uncertainties. For a discussion of important factors which could cause actual results to differ from forward-looking statements, refer to the annual information form of Atha Energy for the year ended December 31, 2023 and its other publicly filed documents under its profile at www.sedarplus.ca. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information and statements, there may be other factors that cause results not to be as anticipated, estimated, or intended. There can be no assurance that forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking information and statements. The Company undertakes no obligation to update or reissue forward-looking information as a result of new information or events except as required by applicable securities laws. Disclosure relating to properties in which Atha Energy holds royalty or stream interests is based on information publicly disclosed by the owners or operators of such properties. The Company generally has limited or no access to the properties underlying its interests and is largely dependent on the disclosure of the operators of its interests and other publicly available information. The Company generally has limited or no ability to verify such information. Although the Company does not have any knowledge that such information may not be accurate, there can be no assurance that such third-party information is complete or accurate. In addition, certain information publicly reported by operators may relate to a larger property than the area covered by the Company’s interest, which often may only apply to a portion of the overall project area or applicable mineral resources or reserves.
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