ASC NR from Kitco & SRK from StockWatch11/17/15 Athabasca Nuclear Corporation Announces Pikoo Airborne Results Vancouver, BC - Athabasca Nuclear Corporation reports that further to its NR of October 28, 2015, it has received the report on its recent fall airborne geophysical survey at Prongua Lake, as interpreted and prepared by Campbell and Walker Geophysics Limited. C&W ranks targets based on a 1-5 scale, with 1 being classed as a likely or probable kimberlite and 5 being classed as most likely not a kimberlite. According to the C&W report, rank 4 targets are generally not felt worthy of concerted ground investigation unless ancillary information is suggestive of prospective bodies. The C&W report identified a total of 3 geophysical anomalies, with 2 anomalies being classed as rank 4 targets and one anomaly classed as a rank 3 target. No rank 1 or rank 2 targets were identified. Other Matters The Corporation also reports that the continuation of the Corporation from Alberta to BC, which was approved by the Corporations shareholders at its annual and special meeting of shareholders held on September 8, 2015, was completed on November 10, 2015. ***/ From StockWatch SRK (11/17/15) The C&W report identified a total of 97 geophysical anomalies, with 78 anomalies being classed as rank 4 targets and 19 anomalies classed as rank 3 targets. No rank one or rank two targets were identified.