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

• Your vote is important no matter how many votes you hold.
• 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. We look forward to completing the Arrangement and encourage all LUR shareholders to follow the recommendations of ISS, and LUR’s Board of Directors to vote “FOR” the Arrangement Resolution.”

In its report, ISS commented, among other things, that, “The merger consideration represents an approximate 56.1 percent premium to the company's share price on the date immediately prior to the announcement. The strategic rationale for the deal makes sense as the combined company is expected to benefit from an enhanced capital markets profile, more diverse asset base, established leadership team and combined board, all while being sufficiently financed to meet near-term exploration objectives.”

Vote Today

Shareholders are reminded that the deadline to vote is fast approaching. Shareholders must submit their proxies before 10:00 am (Toronto Time) on Friday, February 23, 2024.

The Board of Directors of Latitude Uranium recommends that Shareholders vote 
FOR the Arrangement Resolution

YOUR VOTE IS IMPORTANT – PLEASE VOTE TODAY

Special Meeting Details

The Meeting will be held online at meetnow.global/MPUJSW6 on February 27, 2024 at 10:00 a.m. (Toronto time). Shareholders of record as of January 22, 2024 are eligible to vote at the Meeting.

Please visit the Special Meeting page on our website for complete details and links to all relevant documents ahead of the Meeting at https://latitudeuranium.com/investors/special-meeting/.