ATHA Energy granted stock options and RSUs to executives on Jan. 2, 2026, with immediate and future vesting, under a plan within its share cap.

ATHA Energy Corp. granted 10.15 million stock options and 1.3 million restricted share units to directors and officers on January 2, 2026, under its equity plan. One-third of the options vested immediately, with the rest vesting at six and twelve months; each option allows purchase of one share at $0.61 for five years. RSUs vest after one year and convert to shares. The plan’s share cap is 10% of outstanding shares, totaling 31.65 million at the time. The company used Canadian regulatory exemptions for valuation and minority approval, citing low impact on market capitalization and non-listing on major exchanges. ATHA, a Canadian uranium explorer, operates in Nunavut, Labrador, and the Athabasca Basin, with a 10% interest in key projects run by NexGen and IsoEnergy.