The top Saskatchewan uranium explorer ATHA Energy Corp. (CSE: SASK) (FRA: X5U) (OTCQB: SASKF) has applied to list its shares on the TSX Venture Exchange and is making progress with its proposed merger.
The company announced its application on Thursday. The TSX Venture Exchange has more stringent listing requirements than the Canadian Securities Exchange does and has a higher trading volume too.
ATHA says that it expects to satisfy CSE requirements for its pending acquisition of Latitude Uranium Inc. (CSE: LUR) and 92 Energy Limited (ASX: 92E) through a written resolution sent by the majority of its shareholders. The company has accordingly cancelled a previously announced shareholder meeting as it is no longer necessary.
Once the acquisition is completed, the combined uranium operator will have 7.1 million acres of exploration territory in Nunavut, Labrador and the Athabasca Basin. ATHA will become a go-to name in the uranium…
