LATITUDE URANIUM INC. /NOT FOR DISTRIBUTION TO
ATHA is pleased to announce that in accordance with the policies of the Canadian Securities Exchange (the "CSE"), it expects to satisfy the requirements of the CSE with respect to shareholder approval for the Transactions by way of a written resolution (the "Written Consent Resolutions") executed by shareholders of ATHA holding greater than 50% of the issued and outstanding common shares of ATHA ("ATHA Shares"), and accordingly, has cancelled its previously called meeting of shareholders.
Additionally, ATHA is pleased to announce that it has applied to list (the "Proposed TSXV Listing") the ATHA Shares on the
ATHA also wishes to announce that it has entered into an amended and restated binding scheme implementation deed (the "A&R 92E SID") with 92E dated
ATHA and 92E are currently actively working towards the finalization of the meeting materials for the meeting of holders of 92E shares (the "92E Meeting"). At the 92E Meeting, 92E shareholders will be asked to consider and vote on a resolution approving the previously announced 92E scheme. Further details of the 92E Meeting will be announced by 92E in due course.
Finally, ATHA also announces that it has filed restated interim financial statements and associated management's discussion and analysis for the nine-month period ended
For additional information on the Transactions, please refer to ATHA's news release dated
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 each of the
For more information visit www.athaenergy.com
Neither the CSE nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
None of the securities to be issued pursuant to the Transactions have been or will be registered under the United States Securities Act of 1933, as amended (the "
This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". These forward-looking statements or information may relate to, among other things, the Proposed TSXV Listing, the Transactions, including statements with respect to the Latitude and 92E shareholder meetings, the ability of ATHA to obtain the requisite signatures pursuant to the Written Consent Resolutions, the receipt of the required regulatory, stock exchange (including the CSE, TSXV and ASX) and other approvals, the ability of ATHA, Latitude and 92E to successfully close the Transactions, and the filing of materials on SEDAR+.
Forward-looking statements are necessarily based upon a number of assumptions that, while considered reasonable by management at the time, are inherently subject to business, market and economic risks, uncertainties and contingencies that may cause actual results, performance, or achievements to be materially different from those expressed or implied by forward-looking statements. Such assumptions include, but are not limited to, assumptions regarding the ability of ATHA to satisfy the conditions imposed in connection with the Proposed TSXV Listing, completion of the Transactions, including finalization of meeting materials in connection with the Latitude and 92E shareholder meetings, receipt of the requisite signatures pursuant to the Written Consent Resolutions , receipt of required regulatory, court and stock exchange approvals, the ability of ATHA, 92E and Latitude to satisfy, in a timely manner, the other conditions to the closing of the Transactions, other expectations and assumptions concerning the Transactions, and that general business and economic conditions will not change in a material adverse manner. Although each of ATHA, 92E and Latitude have attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated, or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information.
Such statements represent the current views of ATHA, 92E and Latitude with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by ATHA, 92E and Latitude, are inherently subject to significant business, economic, competitive, political, and social risks, contingencies and uncertainties. Risks and uncertainties include, but are not limited to the following: inability of ATHA, 92E and Latitude to finalize meeting materials and/or obtain the requisite shareholder approvals; inability of ATHA, 92E and Latitude to complete the Transactions or satisfy certain conditions precedent thereto; the inability of ATHA to satisfy all conditions to the Proposed TSXV Listing; a material adverse change in the timing of any completion and the terms and conditions upon which the Transactions is completed; inability to satisfy or waive all conditions to closing the Transactions as set out in the A&R 92E SID and the arrangement agreement executed by ATHA and Latitude dated
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