Combination To Create A Premier Uranium Explorer & Developer

VANCOUVER – Aero Energy Limited, Urano Energy Corp., and Pegasus Resources Inc. have entered into definitive arrangement agreements pursuant to which Aero has agreed to acquire all of the issued and outstanding common shares of both Urano and Pegasus, and together with the Urano Transaction. The combined company is expected to continue under the name “Manhattan Uranium Discovery Corp.” and trade under the symbol “MANU”.
William Sheriff, Executive Chairman and Director of Urano, said, “By bringing together complementary teams and assets, we believe this joint effort creates a stronger platform with greater scale and visibility in a market where uranium is increasingly strategic to North American energy security. This combination expands our collective impact-allowing us to align technical expertise, prioritize the most compelling catalysts, and advance a consolidated portfolio with greater focus and discipline.”