LUR

CSE Bulletin: Delist - Latitude Uranium Inc. (LUR)

Retrieved on: 
Thursday, March 7, 2024
Arrangement, News, 2020 Ain municipal elections, LUR, Uranium, ONT, Nightclub

Toronto, Ontario--(Newsfile Corp. - le 7 mars/March 2024) - Latitude Uranium Inc. (“Latitude Uranium”) and ATHA Energy Corp. (“ATHA”) have announced the successful completion of the previously announced arrangement (the “Arrangement” or the “Merger”) whereby ATHA has acquired 100% of the issued and outstanding common shares of Latitude Uranium (the “LUR Shares”) and Latitude Uranium has become a wholly owned subsidiary of ATHA.

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - le 7 mars/March 2024) - Latitude Uranium Inc. (“Latitude Uranium”) and ATHA Energy Corp. (“ATHA”) have announced the successful completion of the previously announced arrangement (the “Arrangement” or the “Merger”) whereby ATHA has acquired 100% of the issued and outstanding common shares of Latitude Uranium (the “LUR Shares”) and Latitude Uranium has become a wholly owned subsidiary of ATHA.
  • The common shares of Latitude Uranium Inc. will be delisted from the CSE at market close today, March 7, 2024.
  • Latitude Uranium Inc. (« Latitude Uranium ») et ATHA Energy Corp. (« ATHA ») ont annoncé la conclusion réussie de l'arrangement annoncé précédemment (l'« arrangement » ou la « fusion ») par lequel ATHA a acquis 100 % des actions émises.
  • et les actions ordinaires en circulation de Latitude Uranium (les « actions LUR ») et Latitude Uranium est devenue une filiale en propriété exclusive d'ATHA.

ATHA Energy and Latitude Uranium Complete Merger Creating a Leading Uranium Explorer

Retrieved on: 
Thursday, March 7, 2024
Odyssey, Acquisition, Arrangement, Telephone, News, FRA, Growth, Letter, Mergers and acquisitions, LUR, Uranium, DRS, Athabasca Basin, Trust, Security (finance)

VANCOUVER, British Columbia and TORONTO, March 07, 2024 (GLOBE NEWSWIRE) -- ATHA Energy Corp. (TSXV: SASK) (FRA: X5U) (OTCQB: SASKF) (“ATHA”) and Latitude Uranium Inc. (CSE: LUR) (OTCQB: LURAF) (FRA: EI1) (“Latitude Uranium”) are pleased to announce the successful completion of the previously announced arrangement (the “Arrangement” or the “Merger”) whereby ATHA has acquired 100% of the issued and outstanding common shares of Latitude Uranium (the “LUR Shares”) and Latitude Uranium has become a wholly owned subsidiary of ATHA.

Key Points: 
  • VANCOUVER, British Columbia and TORONTO, March 07, 2024 (GLOBE NEWSWIRE) -- ATHA Energy Corp. (TSXV: SASK) (FRA: X5U) (OTCQB: SASKF) (“ATHA”) and Latitude Uranium Inc. (CSE: LUR) (OTCQB: LURAF) (FRA: EI1) (“Latitude Uranium”) are pleased to announce the successful completion of the previously announced arrangement (the “Arrangement” or the “Merger”) whereby ATHA has acquired 100% of the issued and outstanding common shares of Latitude Uranium (the “LUR Shares”) and Latitude Uranium has become a wholly owned subsidiary of ATHA.
  • Pursuant to the Arrangement, Latitude Uranium shareholders (the “LUR Shareholders”) received 0.2769 common shares of ATHA (each whole share, an “ATHA Share”) for each LUR Share held.
  • ATHA will cause Latitude Uranium to apply to the relevant Canadian securities regulatory authorities to cease to be a reporting issuer under applicable Canadian securities laws.
  • Full details of the Merger and certain other matters are set out in the management information circular of Latitude Uranium and can be found under Latitude Uranium’s issuer profile on SEDAR+ at www.sedarplus.ca .

ATHA Energy Announces Latitude Uranium Obtains Shareholder Approval for Transaction

Retrieved on: 
Wednesday, February 28, 2024
Arrangement, News, FRA, Proxy, LUR, SASK

VANCOUVER, British Columbia, Feb. 28, 2024 (GLOBE NEWSWIRE) -- ATHA Energy Corp. (CSE: SASK) (FRA: X5U) (OTCQB: SASKF) (“ATHA”) is pleased to announce that shareholders (“LUR Shareholders”) of Latitude Uranium Inc. (CSE: LUR) (OTCQB: LURAF) (“Latitude”) have overwhelmingly approved the previously announced arrangement (the “Arrangement”) involving ATHA and Latitude at Latitude’s special meeting (the “LUR Meeting”) held on February 27, 2024.

Key Points: 
  • VANCOUVER, British Columbia, Feb. 28, 2024 (GLOBE NEWSWIRE) -- ATHA Energy Corp. (CSE: SASK) (FRA: X5U) (OTCQB: SASKF) (“ATHA”) is pleased to announce that shareholders (“LUR Shareholders”) of Latitude Uranium Inc. (CSE: LUR) (OTCQB: LURAF) (“Latitude”) have overwhelmingly approved the previously announced arrangement (the “Arrangement”) involving ATHA and Latitude at Latitude’s special meeting (the “LUR Meeting”) held on February 27, 2024.
  • A total of 103,295,471 common shares of LUR, representing approximately 44.69% of votes entitled to be cast at the LUR Meeting, were represented by proxy at the LUR Meeting.
  • Latitude will seek a final order approving the Arrangement from the Ontario Superior Court of Justice (Commercial List) on February 29, 2024.
  • Subject to the satisfaction of these closing conditions, the parties currently expect to complete the Arrangement in early March 2024.

Latitude Uranium Announces Voting Results from Special Meeting

Retrieved on: 
Tuesday, February 27, 2024
OTCQB, Vendor, Shareholder, Arrangement, USD, Meeting, FRA, Common, Proxy, Indian stock exchange, LUR, Security (finance)

TORONTO, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Latitude Uranium Inc. (“Latitude Uranium”, “LUR” or the “Company”) (CSE: LUR, OTCQB: LURAF, FRA: EI1) is pleased to announce that shareholders of the Company (the “Shareholders”) have overwhelmingly approved the previously announced arrangement (the “Arrangement”) involving the Company and ATHA Energy Corp. (“ATHA”) at the Company’s special meeting (the “Meeting”) held today.

Key Points: 
  • TORONTO, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Latitude Uranium Inc. (“Latitude Uranium”, “LUR” or the “Company”) (CSE: LUR, OTCQB: LURAF, FRA: EI1) is pleased to announce that shareholders of the Company (the “Shareholders”) have overwhelmingly approved the previously announced arrangement (the “Arrangement”) involving the Company and ATHA Energy Corp. (“ATHA”) at the Company’s special meeting (the “Meeting”) held today.
  • The special resolution approving the Arrangement (the “Arrangement Resolution”) was required to be approved by at least two-thirds (66 2/3%) of the votes cast by Shareholders present virtually or represented by proxy at the Meeting.
  • A total of 103,295,471 common shares of LUR ("Common Shares”), representing approximately 44.69% of votes entitled to be cast at the Meeting, were represented proxy at the Meeting.
  • Subject to the satisfaction of these closing conditions, the parties currently expect to complete the Arrangement in early March 2024.

Independent Proxy Advisory Firm Glass Lewis Recommends Latitude Uranium Shareholders Vote FOR the Arrangement Resolution with ATHA Energy

Retrieved on: 
Tuesday, February 20, 2024
OTCQB, Uranium, Meeting, FRA, ISS, LUR, Concurrency, Holding company

TORONTO, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Latitude Uranium Inc. (“Latitude Uranium”, “LUR” or the “Company”) (CSE: LUR, OTCQB: LURAF, FRA: EI1) is pleased to announce that Glass Lewis & Co. (“Glass Lewis”), an independent proxy advisory firm, has recommended that Latitude Uranium shareholders (“Shareholders”) vote “FOR” the resolution (the "Arrangement Resolution”) to approve the previously announced arrangement (the “Arrangement”) involving the Company and ATHA Energy Corp. (“ATHA”) at the upcoming Special Meeting of Shareholders (the “Meeting”) to be held on Tuesday, February 27, 2024 at 10:00 a.m. (Toronto time).

Key Points: 
  • • The Board of Directors of LUR unanimously recommends that Shareholders vote FOR the Arrangement Resolution.
  • TORONTO, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Latitude Uranium Inc. (“Latitude Uranium”, “LUR” or the “Company”) (CSE: LUR, OTCQB: LURAF, FRA: EI1) is pleased to announce that Glass Lewis & Co. (“Glass Lewis”), an independent proxy advisory firm, has recommended that Latitude Uranium shareholders (“Shareholders”) vote “FOR” the resolution (the "Arrangement Resolution”) to approve the previously announced arrangement (the “Arrangement”) involving the Company and ATHA Energy Corp. (“ATHA”) at the upcoming Special Meeting of Shareholders (the “Meeting”) to be held on Tuesday, February 27, 2024 at 10:00 a.m. (Toronto time).
  • John Jentz, Chief Executive Officer of Latitude Uranium, commented, “Having recently received a positive recommendation from ISS, we are pleased that Glass Lewis also supports the Board’s unanimous recommendation that shareholders vote “FOR” the Arrangement Resolution.
  • If you have questions about the Meeting matters or require voting assistance please contact Latitude Uranium‘s proxy solicitation agent, Laurel Hill Advisory Group at:

Independent Proxy Advisory Firm ISS Recommends Latitude Uranium Shareholders Vote FOR the Arrangement Resolution with ATHA Energy

Retrieved on: 
Thursday, February 15, 2024
OTCQB, Arrangement, Meeting, FRA, ISS, LUR, Uranium, Holding company

The Board of Directors of LUR unanimously recommends that Shareholders vote FOR the Arrangement Resolution.

Key Points: 
  • The Board of Directors of LUR unanimously recommends that Shareholders vote FOR the Arrangement Resolution.
  • TORONTO, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Latitude Uranium Inc. (“Latitude Uranium”, “LUR” or the “Company”) (CSE: LUR, OTCQB: LURAF, FRA: EI1) is pleased to announce that leading independent proxy advisory firm, Institutional Shareholder Services Inc. (“ISS”) recommends that Latitude Uranium shareholders (“Shareholders”) vote “FOR” the resolution (the “Arrangement Resolution”) to approve the previously announced arrangement (the “Arrangement”) involving the Company and ATHA Energy Corp. (“ATHA”) at the upcoming Special Meeting of Shareholders (the “Meeting”) to be held on Tuesday, February 27, 2024 at 10:00 a.m. (Toronto time).
  • John Jentz, Chief Executive Officer of Latitude Uranium, commented, “We are pleased that ISS supports the Board’s unanimous recommendation that shareholders vote “FOR” the Arrangement Resolution.
  • If you have questions about the Meeting matters or require voting assistance please contact Latitude Uranium‘s proxy solicitation agent, Laurel Hill Advisory Group at:

Latitude Uranium Announces Filing and Mailing of the Management Information Circular in Connection with its Special Meeting of Shareholders to Approve the Arrangement with ATHA Energy

Retrieved on: 
Tuesday, January 30, 2024
Par value, Athabasca Basin, Growth, Combined, Research, OTCQB, Circular, FRA, Capital market, SASK, Uranium, LUR, Latitude, Arrangement, Security (finance)

TORONTO, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Latitude Uranium Inc. (“Latitude Uranium”, “LUR” or the “Company”) (CSE: LUR, OTCQB: LURAF, FRA: EI1) is pleased announce its notice of special meeting of shareholders (the “Meeting”) and management information circular (the “Circular”) are now available on LUR’s website at https://latitudeuranium.com/investors/special-meeting/ as well as under LUR’s profile on SEDAR+ (http://www.sedarplus.ca). LUR has commenced the mailing of the Circular and related materials for the special meeting of LUR’s shareholders (“LUR Shareholders”) on Tuesday, January 30th, 2024.

Key Points: 
  • • The Board of Directors of LUR unanimously recommends that Shareholders vote IN FAVOUR of the Arrangement Resolution.
  • LUR has commenced the mailing of the Circular and related materials for the special meeting of LUR’s shareholders (“LUR Shareholders”) on Tuesday, January 30th, 2024.
  • LUR Shareholders are encouraged to read the Circular and vote your LUR Shares as soon as possible.
  • Under the terms of the Arrangement, LUR Shareholders will receive 0.2769 of an ATHA Share for each LUR Share held.

ATHA Energy Announces Proposed Acquisition of 92 Energy and Latitude Uranium and Concurrent $14 Million Financing to Create Leading Uranium Exploration Company

Retrieved on: 
Thursday, December 7, 2023
Cloud, Athabasca Basin, SASK, NexGen, News, Offering, Communication, Australian Securities Exchange, LUR, Stikeman Elliott, NOT, Multilateral, Proxy, Uranium, Capital, Agent, Corporation, Atha, Quantum, Person, FRA, CTH, Nuclear energy, Exercise, ASX, Sale, Income Tax Act, RSU, Research, Fairness, Athabasca, CFT, Growth, Minority, CMB, Concurrency, Security (finance)

VANCOUVER, British Columbia, Dec. 07, 2023 (GLOBE NEWSWIRE) -- ATHA Energy Corp. (CSE: SASK) (FRA: X5U) (OTCQB: SASKF) (“ATHA”) is pleased to announce that it has: (i) entered into a definitive arrangement agreement (the “Latitude Arrangement Agreement”) with Latitude Uranium Inc. (CSE: LUR) (“Latitude”) pursuant to which ATHA proposes to acquire all of the issued and outstanding common shares of Latitude (the “Latitude Shares”) by way of a court-approved plan of arrangement under the Business Corporations Act (Ontario) (the “Latitude Arrangement”); and (ii) entered into a binding scheme implementation deed (the “92E SID”) with 92 Energy Limited (ASX: 92E) (“92E”) pursuant to which ATHA proposes to acquire all of the issued and outstanding fully paid ordinary shares of 92E (the “92E Shares”) by way of a scheme of arrangement pursuant to Part 5.1 of the Australian Corporations Act 2001 (Cth) (the “92E Scheme”, and together with the Latitude Arrangement, the “Transactions”). ATHA further proposes to complete one or more financings on terms further described below to raise up to approximately C$14 million in connection with the Transactions (the “Concurrent Financing”).

Key Points: 
  • The combined company will be fully funded with $55 million4 in cash and boasts a suite of highly complementary uranium assets across the exploration spectrum.
  • The combined company will have increased scale and prospectivity and we believe it will be a go-to name in the uranium exploration industry."
  • The Latitude Exchange Ratio was determined giving consideration to recent average trading prices for each of Latitude and ATHA.
  • The Latitude Arrangement Agreement also provides for customary deal-protection measures, including a $1,887,357 termination fee payable by Latitude or ATHA in certain circumstances.

ATHA Energy to Acquire Latitude Uranium and 92 Energy to Create a Leading Canadian Uranium Exploration Company

Retrieved on: 
Thursday, December 7, 2023
Cloud, J4, Athabasca Basin, Marketing, SASK, Trout, Potential, Software, NexGen, News, Arrangement, Technical report, Mineral, Nature, Technical, Mineral Resources Limited, LUR, Multilateral, Combine, Geology, UTM, Uranium, Kivalliq Region, Lower, National instrument, Corporation, Person, FRA, CTH, ETF, M&A, Environment, CIM, ASX, Arrow, Moran Lake, Research, Fairness, Growth, Minority, Metal, Concurrency, Capital market, CMB, Uranium mining

Under the terms of the Latitude Arrangement, Latitude shareholders (the “Latitude Shareholders”) will receive 0.2769 of a common share of ATHA (each whole share, an “ATHA Share”) for each Latitude Share held (the “Latitude Exchange Ratio”).

Key Points: 
  • Under the terms of the Latitude Arrangement, Latitude shareholders (the “Latitude Shareholders”) will receive 0.2769 of a common share of ATHA (each whole share, an “ATHA Share”) for each Latitude Share held (the “Latitude Exchange Ratio”).
  • The Latitude Exchange Ratio was determined giving consideration to recent average trading prices for each of Latitude and ATHA.
  • John Jentz, Chief Executive Officer of Latitude Uranium, commented: “We are very excited to be part of such a transformative transaction to create an unparalleled uranium exploration company focused on Canada's three major uranium districts.
  • The combined company will have increased scale and prospectivity and we believe it will be a go-to name in the uranium exploration industry."

Latitude Uranium Announces Final Batch of Assay Results, Including 2.88% U3O8 over 0.5m and 2.05% U3O8 over 0.5m from Angilak

Retrieved on: 
Monday, December 4, 2023
Copper, LUR, Strike, FRA, OTCQB, Pulse, Proximity, Uranium mining

Known mineralization has been further extended, including hole 15 which returned 2.88% U3O8 over 0.5m and 2.05% U3O8 over 0.5m.

Key Points: 
  • Known mineralization has been further extended, including hole 15 which returned 2.88% U3O8 over 0.5m and 2.05% U3O8 over 0.5m.
  • A new potential lens was discovered, increasing the known mineralization and adding to the potential for further expansion.
  • These findings will be synthesized over the winter months into a cohesive 2024 drill program for Angilak.
  • Additional geologic knowledge has been obtained and will be synthesized over the winter months into a robust 2024 drill program at Angilak.