Urano and Pegasus Receive Shareholder and Court Approval for Acquisitions by Aero; Name Change to Manhattan Uranium Discovery Corp. Effective May 7, 2026

Aero Energy Limited has successfully secured both shareholder and court approval for its strategic acquisitions of Urano Energy Corp. and Pegasus Resources Inc., marking a significant consolidation in the uranium sector. The approvals were obtained following special shareholder meetings held on April 29, 2026, where investors endorsed the transaction structure.

The combined entity will operate under the new name Manhattan Uranium Discovery Corp., effective May 7, 2026, signaling a clear strategic pivot toward uranium exploration and development. This rebranding reflects the company's commitment to positioning itself as a focused uranium discovery vehicle in an increasingly favorable market environment for nuclear fuel materials.

The transaction brings together three companies with complementary capabilities in the uranium space, creating a larger, more diversified platform for uranium exploration and development activities. This consolidation comes at a time when uranium markets are experiencing renewed interest driven by global nuclear energy expansion and supply chain security concerns.

The successful completion of this multi-party acquisition demonstrates strong shareholder confidence in the strategic vision and positions the newly formed Manhattan Uranium Discovery Corp. to capitalize on emerging opportunities in the uranium sector. The transaction is expected to provide enhanced financial resources and operational capabilities to advance the combined company's uranium-focused objectives.