ASC

Athabasca Nuclear Corporation (TSX VENTURE:ASC) ("Athabasca Nuclear" or the
"Corporation") is pleased to report that it has appointed Darren Smith, P.Geol.
and Carl Schulze, P.Geo. as independent directors on its Board of Directors with
immediate effect.


Darren L. Smith, P.Geol. is a Project Geologist with Edmonton-based Dahrouge
Geological Consulting Ltd. He has extensive project management experience
including the recent discovery and advancement of Commerce Resources Corp's
Ashram Rare Earth Deposit in northern Quebec. Mr. Smith has provided technical
oversight for preliminary economic assessments and prefeasibility-study-level
project advancement, and has set up and monitored complex metallurgical
programs. Mr. Smith also brings extensive experience in Athabasca Basin uranium
exploration, focused in particular on unconformity-associated uranium deposit
exploration. He holds a Master of Science (Geology) and a Bachelor of Science
(Geology), both from Carleton University. 


Carl Schulze, P.Geo. is the Founder and President of Whitehorse-based
All-Terrane Mineral Exploration Services. He has been active in mineral
exploration for more than 30 years, and has worked extensively in Yukon, British
Columbia, northern Ontario and Alaska, as well as the Northwest Territories,
Saskatchewan and Manitoba. Mr. Schulze holds active professional membership in
the Association of Professional Engineers and Geoscientists of British Columbia
(APEGBC) and the Association of Professional Geoscientists of Ontario (APGO). He
holds a Bachelor of Science (Geology) from Lakehead University.


Concurrent with the appointments, the Corporation reports that it has accepted
the resignation of Darren Fach as a Director of Athabasca Nuclear. The
Corporation would like to thank Mr. Fach for his services and wishes him well in
his future endeavors.


Option Grant

The Corporation further reports that pursuant to its Stock Option Plan, and
subject to approval by the TSX Venture Exchange, Athabasca Nuclear intends to
grant 1,500,000 stock options to certain Directors and Employees of the
Corporation, such stock options having an exercise price of $0.07 per share and
a five-year term. 


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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Athabasca Nuclear Corporation
Ryan Kalt, LL.M., M.B.A.
Chairman and Chief Executive Officer
403-410-3848
ryan.kalt@athabascanuclear.com
www.AthabascaNuclear.com

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