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Aero Energy Ltd
> Angold Resources Acquisition of Saskatchewan UraniumProjects
Post by
Betteryear2 on Dec 22, 2023 8:47am
Angold Resources Acquisition of Saskatchewan UraniumProjects
Vancouver, British Columbia--(Newsfile Corp. - December 22, 2023) - Angold Resources Ltd. (TSXV: AAU) (FSE: 13L0) ("Angold" or the "Company") is pleased to announce that it has entered into a definitive share purchase agreement dated December 21, 2023, to acquire (the "Acquisition") 1443904 B.C. Ltd. ("NumberCo"). NumberCo holds options to acquire up to 70% of the Murmac Property and Strike Property, and 100% of the Sun Dog Property, (collectively the "Optioned Properties"). The Optioned Properties are all located in proximity to Angold's existing uranium exploration properties near Uranium City, Saskatchewan, creating a leading land position totalling 101,108 hectares in the prolific Beaverlodge mining district where approximately 70 million pounds of U3O8 was produced between 1950 and 19821. Additionally, the Company announces that it intends to change its name to Aero Energy Limited (the "Name Change"). Angold Resources Announces Acquisition of Saskatchewan Uranium Projects; Proposed Name Change to Aero Energy Limited (newsfilecorp.com)
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