Athabasca Minerals Inc. Announces Court Approval of Reorganization and Delisting From TSX Venture Exchange

EDMONTON, Alberta, April 19, 2024 (GLOBE NEWSWIRE) -- Athabasca Minerals Inc. (TSXV: AMI) (“Athabasca” or the “Corporation”) announced today that it has applied to delist its common shares (the “Common Shares”) from the TSX Venture Exchange (the “TSXV”). The delisting is being pursued in accordance with the terms of the subscription agreement between the Corporation and Badger Mining Corporation (“Badger”) dated February 9, 2024 (the “Agreement”), whereby, among other things, Badger will acquire all of the Common Shares (the “Transaction”). The Transaction is subject to, and has been approved by, an order of the Court of King’s Bench of Alberta (the “Court”) under the Bankruptcy and Insolvency Act (the “BIA”), which order has been granted following an application held the morning of April 19, 2024.

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