Aero Energy Completes Acquisition of Kraken Energy to Create a Premier North American Uranium Developer
Vancouver, British Columbia--(Newsfile Corp. - June 23, 2025) - Aero Energy Limited (TSXV: AERO) (OTC Pink: AAUGF) (FSE: UU3) ("Aero") and Kraken Energy Corp. (CSE: UUSA) (OTC Pink: UUSAF) (FSE: F2C) ("Kraken") are pleased to announce, further to their press release dated April 2, 2025, the completion of the plan of arrangement under the Canada Business Corporations Act (the "Arrangement"), whereby Aero acquired all of the issued and outstanding common shares of Kraken (the "Kraken Shares") pursuant to the arrangement agreement dated...
2025-06-23 7:30 AM EDT
Aero Energy and Standard Uranium Report New Gravity Survey Targets and Assay Results, Sun Dog Project, Northwest Athabasca Basin
Vancouver, British Columbia--(Newsfile Corp. - May 7, 2025) - Aero Energy Limited (TSXV: AERO) (OTC Pink: AAUGF) (FSE: UU3) ("Aero" or the "Company") is pleased to announce the completion of an extensive high-resolution ground gravity survey across three target areas on the Sun Dog Project ("Sun Dog", or the "Project"), northern Saskatchewan. Integration and analysis of geophysical data sets has generated several new priority drill targets across the Wishbone, McNie, and Armbruster South target areas. Additionally, analytical results from the...
2025-05-07 7:00 AM EDT
Aero Energy and Kraken Energy Combine to Create a Premier North American Uranium Developer
Vancouver, British Columbia--(Newsfile Corp. - April 2, 2025) - Aero Energy Limited (TSXV: AERO) (OTC Pink: AAUGF) (FSE: UU3) ("Aero") and Kraken Energy Corp. (CSE: UUSA) (OTCQB: UUSAF) (FSE: F2C) ("Kraken") are pleased to announce that they have entered into a definitive arrangement agreement (the "Arrangement Agreement") dated April 1, 2025, whereby Aero will acquire all of the issued and outstanding shares of Kraken (the "Kraken Shares") pursuant to a plan of arrangement (the "Transaction").The Transaction is valued at approximately $0.02754...
2025-04-02 7:00 AM EDT
Aero Energy and Fortune Bay Commence Drilling at Howland Lake, Murmac Uranium Project
Vancouver, British Columbia--(Newsfile Corp. - March 19, 2025) - Aero Energy Limited (TSXV: AERO) (OTC Pink: AAUGF) (FSE: UU3) ("Aero" or the "Company") is pleased to announce the commencement of drilling at Howland Lake on the Murmac Uranium Project ("Murmac" or the "Project"), located in northern Saskatchewan near Uranium City.The program is expected to include up to six drill holes to further test the Howland Lake electromagnetic ("EM") conductors which returned uranium intercepts from first-pass drilling. As demonstrated from previous exploration results, the...
2025-03-19 7:00 AM EDT
Aero Announces Winter Drill Targets at the Murmac Uranium Project
Vancouver, British Columbia--(Newsfile Corp. - February 20, 2025) - Aero Energy Limited (TSXV: AERO) (OTC Pink: AAUGF) (FSE: UU3) ("Aero" or the "Company") is pleased to announce the final selection of drill targets for the upcoming Winter 2025 drill program at the Murmac Uranium Project ("Murmac" or the "Project"), located near Uranium City, Saskatchewan. These targets are supported by the successful completion of a radon-in-water survey at Howland Lake, which has defined multiple strong anomalies along strike of high-grade uranium...
2025-02-20 7:00 AM EST
Aero Energy Reflects on a Successful 2024 and Outlines Path Forward into 2025
Vancouver, British Columbia--(Newsfile Corp. - January 2, 2025) - Aero Energy Limited (TSXV: AERO) (OTC Pink: AAUGF) (FSE: UU3) ("Aero" or the "Company") is pleased to provide a comprehensive summary of its operational achievements in 2024, highlighted by its successful maiden drill programs at the Murmac and Sun Dog Projects in northern Saskatchewan, and to outline exploration plans for 2025 as the Company advances its pursuit of discovering a high-grade uranium deposit at the edge of Canada's world-class Athabasca Basin.2024 HighlightsCompletion...
2025-01-02 7:00 AM EST
Aero Energy and Fortune Bay to Plan Winter Drilling at the Murmac Project, Athabasca Basin, Saskatchewan
Vancouver, British Columbia--(Newsfile Corp. - December 10, 2024) - Aero Energy Limited (TSXV: AERO) (OTC Pink: AAUGF) (FSE: UU3) ("Aero" or the "Company") is pleased to announce plans for a winter 2025 drilling program on the Murmac Uranium Project ("Murmac" or the "Project") as follow-up to the high-grade uranium discovered during the summer 2024 drill program. The Project is located in northern Saskatchewan near Uranium City, on the northern margin of the Athabasca Basin. The winter program, focused on the Howland...
2024-12-10 7:30 AM EST
Aero Energy Receives High-Grade Uranium Assays from Sun Dog Prospecting Program up to 13.0% U3O8
Vancouver, British Columbia--(Newsfile Corp. - November 15, 2024) - Aero Energy Limited (TSXV: AERO) (OTC Pink: AAUGF) (FSE: UU3) ("Aero" or the "Company") is pleased to report surface assay results from the 2024 exploration program at the Company's Sun Dog Uranium Project ("Sun Dog") located near Uranium City, Saskatchewan. Detailed mapping and prospecting across multiple target areas was completed ahead of the 2024 summer drill program, returning outcrop grab samples containing anomalous uranium up to 13.0% U3O8. Exploration work at Sun...
2024-11-15 7:00 AM EST
Aero Energy Announces Closing of Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - November 14, 2024) - Aero Energy Limited (TSXV: AERO) (OTC Pink: AAUGF) (FSE: UU3) ("Aero" or the "Company") is pleased to announce that, further to its news release dated October 16, 2024, the Company has closed its previously announced non-brokered private placement (the "Offering"). The Company issued an aggregate of 24,004,070 units for total gross proceeds of $2,034,218.85.In connection with the completion of the Offering, the Company issued (i) 8,964,998 non-flow-through units of the Company...
2024-11-14 7:50 PM EST
Aero Energy Announces $2.5M Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - October 16, 2024) - Aero Energy Limited (TSXV: AERO) (OTC Pink: AAUGF) (FSE: UU3) ("Aero" or the "Company") announces a non-brokered private placement of (i) non-flow-through units (the "NFT Units") to be sold at a price of $0.07 per NFT Unit; (ii) flow-through units (the "FT Units") to be sold at a price of $0.08 per FT Unit; and (iii) flow-through charity units (the "Charity Units") to be sold at a price of $0.1075 per...
2024-10-16 4:45 PM EDT
Aero Energy Highlights Discovery Potential on the High-Grade Murmac & Sun Dog Uranium Projects
Vancouver, British Columbia--(Newsfile Corp. - October 15, 2024) - Aero Energy Limited (TSXV: AERO) (OTC Pink: AAUGF) (FSE: UU3) ("Aero" or the "Company") is pleased to provide a review and follow-up analysis on the recent exploration and discovery at the Murmac and Sun Dog Projects in Northern Saskatchewan, near Uranium City. The detection of high-grade uranium in the basement rocks validates Aero Energy's exploration model, which targets basement-hosted vein deposits akin to those found at the renowned Arrow and Triple...
2024-10-15 7:00 AM EDT
Aero Energy and Fortune Bay Confirm Shallow High-grade Uranium Discovery up to 13.80% U3O8 from Drilling at the Murmac Project
Vancouver, British Columbia--(Newsfile Corp. - October 8, 2024) - Aero Energy Limited (TSXV: AERO) (OTC Pink: AAUGF) (FSE: UU3) ("Aero" or the "Company") is pleased to report high-grade uranium assays in the first set of results from its 2024 exploration drilling program on the Murmac Uranium Project ("Murmac" or the "Project"), located in northern Saskatchewan near Uranium City. The drilling program was funded by the Company and operated by Fortune Bay Corp. (TSXV: FOR) (OTCQB: FTBYF) (FSE: 5QN) ("Fortune Bay")....
2024-10-08 7:00 AM EDT
Aero Energy Announces Completion of Summer Drill Program at Sun Dog Project, Northwestern Athabasca Basin
Vancouver, British Columbia--(Newsfile Corp. - September 5, 2024) - Aero Energy Ltd. (TSXV: AERO) (OTC Pink: AAUGF) (FSE: UU3) ("Aero Energy" or the "Company") is pleased to announce that drilling activities have been completed at the Company's Sun Dog Uranium Project ("Sun Dog", or the "Project") located near Uranium City in northwestern Saskatchewan (Figure 1). The program was designed to test the newly identified Wishbone target area for high-grade basement hosted uranium deposits, typical of the Athabasca Basin.Highlights:Anomalous Radioactivity at...
2024-09-05 7:00 AM EDT
Aero Energy Begins Drilling at the Sun Dog Uranium Project, Saskatchewan
Vancouver, British Columbia--(Newsfile Corp. - July 25, 2024) - Aero Energy Ltd (TSXV: AERO) (OTC Pink: AAUGF) (FSE: UU3) ("Aero" or the "Company") is pleased to announce that drilling activities have commenced at the Company's Sun Dog Uranium Project ("Sun Dog", or the "Project") located near Uranium City in northwestern Saskatchewan (Figure 1). Field crews have arrived at the Project and drilling has commenced. The drill program is being funded by Aero and operated by Standard Uranium Ltd. ("Standard") (TSXV:...
2024-07-25 7:00 AM EDT
Aero Energy and Fortune Bay Announce Completion of Drilling Program on the Murmac Uranium Project, Saskatchewan
Vancouver, British Columbia--(Newsfile Corp. - July 24, 2024) - Aero Energy Ltd (TSXV: AERO) (OTC Pink: AAUGF) (FSE: UU3) ("Aero" or the "Company") is pleased to announce completion of the 2024 summer drill program on the Murmac Uranium Project ("Murmac" or the "Project"), located in northern Saskatchewan near Uranium City. The program was designed to test regional targets across the Project for high-grade, unconformity-related basement-hosted deposits typical of the Athabasca Basin. The drilling program was funded by Aero and operated...
2024-07-24 7:00 AM EDT
Aero Energy Discovers New Visible Mineralization at Surface and Pinpoints Drill Targets at Sun Dog Project near Uranium City, Saskatchewan
Vancouver, British Columbia--(Newsfile Corp. - July 18, 2024) - Aero Energy Ltd. (TSXV: AERO) (OTCQB: AAUGF) (FSE: UU3) ("Aero" or the "Company") is pleased to announce new prospecting results and drill target areas at its Sun Dog Uranium Project ("Sun Dog", or the "Project") located near Uranium City in northwestern Saskatchewan. An additional fully funded drilling campaign is scheduled to commence in the coming week, designed to test high-priority targets with the potential to discover high-grade, unconformity-related basement-hosted uranium mineralization along...
2024-07-18 7:05 AM EDT
Aero Energy and Fortune Bay Hit Strong Radioactivity in Shallow New Discovery at the Murmac Uranium Project, Saskatchewan
Vancouver, British Columbia--(Newsfile Corp. - June 25, 2024) - Aero Energy Ltd (TSXV: AERO) (OTC Pink: AAUGF) (FSE: UU3) ("Aero" or the "Company") is pleased to announce the intersection of strong radioactivity in the second drill hole (M24-017) of its 2024 exploration drilling program on the Murmac Uranium Project ("Murmac" or the "Project"), located in Northern Saskatchewan. An average of 1,309 counts per second was intersected over 8.7 metres in graphitic pelite, with up to 33,600 counts per second (using...
2024-06-25 7:00 AM EDT
Aero Energy Announces Drilling Underway at the Murmac Uranium Project, Athabasca Basin, Saskatchewan
Vancouver, British Columbia--(Newsfile Corp. - June 12, 2024) - Aero Energy Ltd (TSXV: AERO) (OTC Pink: AAUGF) (FSE: 13L0) ("Aero" or the "Company") is pleased to announce the commencement of drilling at its Murmac Uranium Project in the Athabasca Basin, Saskatchewan. This significant milestone follows the recent identification of thirteen high-priority drill targets, marking the start of Aero's first-ever drill program (read the news release here).Drilling ProgramDrilling is now underway on the first hole and will cover approximately 2,600 meters...
2024-06-12 7:05 AM EDT
Aero Energy Announces Targets for Upcoming Drill Program at the Murmac Uranium Project, Athabasca Basin, Saskatchewan
Vancouver, British Columbia--(Newsfile Corp. - June 4, 2024) - Aero Energy Ltd (TSXV: AERO) (OTC Pink: AUUGF) (FSE: UU3) ("Aero" or the "Company") is pleased to announce the first drill targets for its Murmac Uranium Project ("Murmac or the "Project") located in northern Saskatchewan. A drilling program is scheduled to commence in the coming days to test up to thirteen (13) of these targets with the potential to discover high-grade, basement-hosted uranium mineralization related to the Athabasca Basin. The drilling...
2024-06-04 7:05 AM EDT
Aero Energy Reports on Recent Exploration Insights at the Strike Project, Athabasca Basin, Saskatchewan
Multiple undrilled targets and historical showings with grades up to 27% U3O8Vancouver, British Columbia--(Newsfile Corp. - May 15, 2024) - Aero Energy Ltd (TSXV: AERO) (OTC Pink: AUUGF) (FSE: UU3) ("Aero" or the "Company") is pleased to provide a summary of exploration insights gathered at the Strike Project ("Strike" or the "Project"), by operating partner Fortune Bay Corp. (TSXV: FOR) (OTCQB: FTBYF) ("Fortune Bay"), as well as historical data from previous project operators including Cameo Corporation (TSX: CCO) (NYSE: CCJ)...
2024-05-15 7:05 AM EDT