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Athabasca Nuclear Corporation Appoints Corporate Secretary

CALGARY, ALBERTA -- (Marketwired) -- 07/11/14 -- Athabasca Nuclear Corporation (TSX VENTURE: ASC) ("Athabasca Nuclear" or the "Corporation") is pleased to report that it has appointed Brent Walter as Corporate Secretary.

Mr. Walter is a lawyer with Calgary-based ProVenture Law LLP. Mr. Walter's practice emphasizes public and private equity offerings, stock exchange listings, secured debt financings and the negotiation and implementation of a wide variety of commercial agreements. In addition to his practice, Mr. Walter currently serves as a director of a number of publicly-listed companies. He also previously served as a Director of Anglo Potash Ltd., which was acquired by BHP Billiton Diamonds Inc. for approximate cash consideration of $284 million. He holds a B.A. (1986) and a J.D. (1990) from the University of Saskatchewan and is a member of both The Law Society of Alberta and The Law Society of Saskatchewan.

Mr. Walter's appointment is made effective as of July 3, 2014.

About Athabasca Nuclear Corporation

Athabasca Nuclear Corporation (TSX VENTURE: ASC) is an exploration company based in Calgary, Alberta which is focused on uranium exploration in the Athabasca Basin of Saskatchewan, Canada.

Signed,

Ryan Kalt, Chief Executive Officer

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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