Aero Energy's Strategic Acquisitions Approved, New Name Coming Soon

Aero Energy's Strategic Move to Expand its Uranium Portfolio

On May 4, 2026, Aero Energy Limited (TSXV: AERO; OTC Pink: AAUGF; FSE: UU3) announced that it had garnered substantial support for its latest strategic endeavors, particularly the acquisitions of Urano Energy Corp. (CSE: UE; OTCQB: UECXF) and Pegasus Resources Inc. (TSXV: PEGA). These acquisitions were heavily endorsed during separate special meetings held on April 29, where Urano's shareholders overwhelmingly approved the deal with a staggering 99.91% in favor, and Pegasus’s shareholders showed a strong consensus with 98.21% approval for their arrangement.

The culmination of these approvals was solidified by the Supreme Court of British Columbia, which granted a final order on May 4, enabling these acquisitions to proceed. The anticipated conclusion of these arrangements is set for around May 7, 2026, contingent upon the standard closing conditions being met. The detailed information regarding these acquisitions can be found in the management information circulars that were shared with shareholders, dated March 27, 2026, which are accessible on SEDAR+.

Name Change Announcement

In addition to the acquisition news, Aero Energy confirmed that it had received approval from the TSX Venture Exchange for a significant name change to Manhattan Uranium Discovery Corp., set to take effect on May 7, 2026. This rebranding aligns with their vision and strategic focus on uranium assets. Once the name change is made official, the company’s shares will begin trading under the new ticker symbol