Hole 116: 2.5 Metres Grading 70.34% U3O8 / #10-200: 22.5 Metres Grading 11.3% U3O8 / #30: 69 metres grading 2.33% U3O8 / #10-188B: 7.5 metres grading 29.98% U3O8

ATHABASCA BASIN: WHERE GRADE IS KING!

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AGORACOM NEWS FLASH

Dear Agoracom Family,

I want to thank all of you for your patience with us over the past 48 hours and apologize for what was admittedly a botched launch of our new site.

As you can see, we have reverted back to the previous version of the site while we address multiple forum functionality flaws that inexplicably made their way into the launch.

To this end:

1.We have identified 8 fundamental but easily fixable flaws that will be corrected in the coming week, so that you can continue to use the forums exactly as you've been accustomed to.

2.Additionally we will also be implementing a couple of design improvements to "tighten up" the look and feel of the forums.

Sincerely,

George et al

Message: HAT will formally respond to COO no later than September 14th, 2011.
Hathor Exploration Limited

TSX : HAT



September 01, 2011 11:00 ET

Hathor Receives Cameco Offer and Urges No Action by Shareholders

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 1, 2011) - Hathor Exploration Limited (TSX:HAT). Hathor Exploration Limited announces that, further to Hathor's press release of August 29th, it has now received Cameco Corporation's formal unsolicited all cash take-over bid offer for Hathor at a price per Hathor common share of Cdn.$3.75. Hathor's closing share price on the TSX yesterday, August 31st, was C$ 4.14.

The Board of Directors of Hathor is in the process of assessing Cameco's offer with its legal and financial advisors. The Company continues to urge its shareholders not to respond to the Cameco offer until the Company has had sufficient time to respond to the offer and make available to shareholders information on the economic parameters for Roughrider, assays from the recently completed drill program at Far East Zone, and also insights into the strategic nature of the Athabasca Basin in the global uranium industry and how that relates to the value of the Roughrider uranium deposit.

Hathor will formally respond to the Cameco offer no later than September 14th, 2011.

Subsequent to the successful acquisition of Terra Ventures Inc. (see News Release dated August 5, 2011), Hathor owns 100% of the Roughrider uranium deposit.

Dr. Michael H. Gunning, President & CEO

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