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- When was Artha formed, and by whom?
- Artha was founded as a capital pool company in 2006 by Todd McMurray, Ken Midan, Kamal Nagra, Christine Thomson.
- What is your overall objective?
- To be one of the world's leading explorers of uranium
- What's your strategy for achieving this objective?
- Artha will build a corporate culture that embraces excellence in technical development, environmental stewardship, community relations and investor relations
- Do you have an operating mine?
- No, Artha's projects have significant uranium resources drilled off on 50 - 100 foot centers. However there is still exploration development work that needs to be done.
- What's your priority project?
- Clarkson Hill/WY
- Why Uranium?
- Artha's management chose to explore for uranium because we believe uranium is key to helping solve two of the world's most pressing problems: 1) diminishing supplies of fossil fuels and the resultant rise in prices, and 2) increasing greenhouse gases. Presently 16 percent of the world's electricity is generated from nuclear power, using uranium as the fuel in about 440 nuclear power reactors. We believe the demand for uranium will rise dramatically as more and more countries turn to nuclear power as an economic alternative to fossil fuels and as a way to greatly reduce greenhouse gases. In short, we believe uranium is the fuel of the future for generating electricity.
- Why Wyoming?
- Wyoming is highly prospective for uranium. It is also the largest producer of uranium in the USA.
- What is the political/mining climate in Wyoming?
- Wyoming supports uranium exploration and production.
- Do you have enough cash for current plans?
- For phase one, yes.
- Are you planning to raise more money?
- As we progress, yes. There are no short-term funding plans for now, as we have adequate funds to meet our current needs.
- I live in the U.S. Can I buy Artha shares?
- Yes.
- Who is your Qualified Person under NI 43-101?
- Ken Midan, our senior engineer.
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