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Thursday, December 09, 2010 9:07:55 AM
EARLY WARNING REPORT AND PRESS RELEASE FILED PURSUANT TO
NATIONAL INSTRUMENT 62-103
1. Name and address of the offeror:
Joe Dwek Management Consultants Inc. (“JDM”)
1110 Finch Avenue West, Suite 210
Toronto, ON M5A 2K7
2. Name of reporting issuer with respect to which this report is filed:
Athabasca Uranium Inc. (“Athabasca”)
3. Designation and number or principal amount of securities and the offeror’s
security-holding percentage in the class of securities of which the offeror acquired
ownership or control in the transaction or occurrence giving rise to the obligation to
file the news release and whether it was ownership or control that was acquired in
those circumstances:
JDM has indirect control and direction over 4,456,523 common shares of Athabasca (the
“Shares”), 489,130 options to purchase units (the “Units”) comprised of shares and
warrants with a total number of 4,891 underlying warrants to purchase shares, and
4,456,523 warrants to purchase shares (the “Warrants”) representing approximately
29.09% of the outstanding Shares on a partially diluted basis.
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