Aero Energy Ltd. is pleased to provide an update regarding its uranium exploration portfolio located in the Athabasca Basin, Saskatchewan and announce a non-brokered private placement offering for aggregate gross proceeds of up to $5,000,000. Murmac and Strike Projects - Amendment Provides Enhanced Flexibility Aero is pleased to announce that it has amended its option agreement dated December 15, 2023 with [...]
Aero Energy Ltd. is pleased to announce that it has entered into an agreement dated December 9, 2025 to sell 100% of the issued and outstanding shares of RIO Explorations SpA to Batik Resources Ltd. . Total consideration for the transaction is $3,600,000, payable as follows: $700,000 in cash payable on closing less customary Chilean withholding taxes which are expected to be recoverable; and $2,900,000 in common shares of [...]
Aero Energy Ltd. and Kraken Energy Corp. 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 , whereby Aero acquired all of the issued and outstanding common shares of Kraken pursuant to the arrangement agreement dated April 1, 2025 between Aero and Kraken. Galen McNamara, CEO and Director of Aero, stated: "We're [...]
Additional Targets Emerging in Underexplored Rocks Aero Energy Ltd. is pleased to announce the completion of an extensive high-resolution ground gravity survey across three target areas on the Sun Dog 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 [...]
Aero Energy is pleased to announce the final selection of drill targets for the upcoming Winter 2025 drill program at the Murmac Uranium Project. 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 drill intersections obtained during the summer 2024 program. The Murmac Project is being advanced [...]
Maiden Drill Programs Confirm High-Grade Basement-Hosted Uranium Potential Aero Energy Ltd. 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 [...]
Follow-up to the high-grade uranium discovery from the summer 2024 drill program Aero Energy Ltd. is pleased to announce plans for a winter 2025 drilling program on the Murmac Uranium 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 [...]
Aero Energy Ltd. is pleased to report surface assay results from the 2024 exploration program at the Company's Sun Dog Uranium Project 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 Dog The Project funded by Aero [...]
Aero Energy Ltd. 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 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 8,964,998 non-flow-through units of the Company at a price of $0.07 per NFT Unit [...]
Aero Energy Ltd. announces a non-brokered private placement of non-flow-through units to be sold at a price of $0.07 per NFT Unit; flow-through units to be sold at a price of $0.08 per FT Unit; and flow-through charity units to be sold at a price of $0.1075 per Charity Unit, for aggregate gross proceeds of $2,500,000 . Each NFT Unit will be comprised of one non-flow-through common share and one-half of one share purchase [...]
Aero Energy Ltd. 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 R deposits. Highlights: Completion [...]
Aero Energy Ltd. 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 , located in northern Saskatchewan near Uranium City. The drilling program was funded by the Company and operated by Fortune Bay Corp. . Drilling was designed to test regional targets across the Project's extensive Armbruster, Howland and Pitchvein Conductor [...]