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Kraken Energy Corp C.UUSA

Alternate Symbol(s):  UUSAF

Kraken Energy Corp. is a Canada-based energy company advancing its portfolio of high-grade uranium properties in the United States. The Company is advancing its 100%-owned Apex Uranium Property, located 280 kilometers (km) east from Reno, Nevada, which is recognized as Nevada's past-producing uranium mine. The Company has additionally entered into an option agreement to earn 100% of the Garfield Hills Uranium Property. The past-producing Garfield Hills Uranium Property covers 1,238 hectares (ha) and is located 19 km east of Hawthorne in Mineral County, Nevada. It has also recently staked the Huber Hills Uranium Property, located 136 km north of Elko, Nevada, which covers 1,044 ha and encompasses the historic Racetrack open pit mine. The Company has also entered into an option agreement to earn 75% of the Harts Point Uranium Property. The Harts Point Uranium Property covers 2,622 ha and is located 49 km northwest of Monticello in San Juan County, Utah.


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Kraken Energy Corp
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Post by PressReleaseon May 25, 2022 7:31am
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Post# 34705681

New Press Release - Kraken Energy Enters into Definitive Agreement to Acquire Major Land Package Surrounding the Apex Uranium Project; Appoints Former NexGen Energy Ltd. Key Personnel, Garrett Ainsworth as Chairman of the Board of Directors and Galen McNamara to the Technical Advisory Committee

New Press Release - Kraken Energy Enters into Definitive Agreement to Acquire Major Land Package Surrounding the Apex Uranium Project; Appoints Former NexGen Energy Ltd. Key Personnel, Garrett Ainsworth as Chairman of the Board of Directors and Galen McNamara to the Technical Advisory Committee
Strategic acquisition will add approximately 8,850 acres (3580 hectares), increasing land position at the Apex project by over 1,000%; New lands to be acquired by Kraken cover multiple historic uranium showings that extend for over 6 kilometres ("km") (3.7 miles) from the Apex mine; Total...read article.
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