FULL DISCLOSURE: This is sponsored content for ATHA Energy.
ATHA Energy (CSE: SASK) is set to leave the Canadian Securities Exchange. The company this morning indicated that it will be leaving the exchange in favour of the TSX Venture.
The move to the venture is voluntary, with the company set to begin trading under the same name and symbol on the exchange on March 4. The change in listing is expected to improve access to the company for international investors at both the retail and international level.
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Common shares will be delisted from the CSE at the close of markets today.
At the same time, a final order has been granted by the Ontario Superior Court of Justice in relation to its acquisition of Latitude Uranium (CSE: LUR). Latitude shareholders are to receive 0.2769 of a share of ATHA for each share of Latitude held. Final regulatory approvals are expected in the near term, with the acquisition slated to close on March 7.
READ: ATHA Energy To Acquire Two Uranium Issuers To Create Leading Canadian Explorer
“On behalf of ATHA Energy, I extend our sincere appreciation to the Latitude Uranium team and shareholders for recognizing and approving of our shared vision and goals – creating one of the premier uranium exploration companies, globally,” commented ATHA CEO Troy Boisjoli.
ATHA Energy last traded at $0.90 on the CSE.
FULL DISCLOSURE: ATHA Energy is a client of Canacom Group, the parent company of The Deep Dive. Canacom Group is currently long the equity of ATHA Energy. The author has been compensated to cover ATHA Energy on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.
