Terra Uranium (ASX:T92) signs agreements with ATHA Energy Corp

Terra Uranium Limited (ASX:T92) has signed definitive option and joint venture agreements with TSXV-listed ATHA Energy Corp (TSXV: SASK). The agreements grant ATHA the option to acquire up to 60% of T92's Pasfield Lake Project and T92 the option to acquire up to 70% of ATHA's Spire and Horizon Projects. This move has expanded Terra Uranium's footprint in the highly prospective Athabasca Basin by 60,965 hectares and will allow T92 to commence operations on the shallower uranium targets at the Spire and Horizon Projects this month.

Terra Uranium Executive Chairman's Commentary

Terra Uranium Executive Chairman, Andrew Vigar, expressed, 'Terra Uranium has now signed the definitive option agreements to work with ATHA Energy Corp. on exploring their highly prospective Spire and Horizon Projects while ATHA has the option to drill our Pasfield Lake Project. We will continue to actively advance our 100% owned HawkRock, Parker Lake, Yurkowski, Engler and Rapid River Projects with field work on Yurkowski and HawkRock planned for later this year. This sees a major transformation of our company and we thank our shareholders for their continued support.'

Summary of Terra Uranium's Agreements with ATHA Energy Corp

Terra Uranium (ASX:T92) has signed definitive option and joint venture agreements with ATHA Energy Corp, allowing ATHA to acquire up to 60% of T92's Pasfield Lake Project and T92 to acquire up to 70% of ATHA's Spire and Horizon Projects. This move has expanded Terra Uranium's footprint in the highly prospective Athabasca Basin and will enable T92 to commence operations on the shallower uranium targets at the Spire and Horizon Projects this month. The company's Executive Chairman, Andrew Vigar, highlighted the major transformation and expressed gratitude to shareholders for their continued support. The agreements mark a significant step in Terra Uranium's corporate strategy, aiming to advance exploration projects and leverage opportunities in the uranium sector.