Manhattan Uranium Discovery Corp. Completes Transformational Acquisitions of Urano Energy and Pegasus Resources
Manhattan Uranium Discovery Corp. has finalized its acquisition of Urano Energy and Pegasus Resources, creating a North American uranium company with 15 past-producing mines
Manhattan Uranium Discovery Corp., formerly known as Aero Energy Limited, has successfully completed its business combinations with Urano Energy Corp. and Pegasus Resources Inc. The acquisitions were finalized through separate court-approved plans of arrangement, resulting in Manhattan acquiring all common shares of both entities. Following the completion of these arrangements, the company now operates under its new name and trades on the TSX Venture Exchange under the ticker symbol MANU, as well as on the OTC and Frankfurt Stock Exchange.[1][2]
The merger establishes a premier North American pure-play uranium company with a significant portfolio of assets across the continent. This includes 15 past-producing uranium mines situated on 25 properties within the United States. Beyond its extensive U.S. holdings, the company possesses strong exploration upside in the Athabasca Basin, positioning it as a major player in the regional uranium sector.[1][2]
Headquartered in Vancouver, British Columbia, the company confirmed the successful integration of the three entities on May 7, 2026. This transformational acquisition allows the combined company to leverage its diverse asset base, which includes the former holdings of Urano Energy and Pegasus Resources. The transaction marks a strategic consolidation in the uranium industry, aimed at creating a leading resource developer in North America.[1][2]
