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Mergers & AcquisitionsMedium•4 May 2026•

1 min read

Aero Energy Completes Acquisition of Urano and Pegasus, Rebrands as Manhattan Uranium

Key Facts

1Aero Energy received shareholder and court approval for the acquisition of Urano Energy Corp. and Pegasus Resources Inc.

2Urano shareholders voted 99.91% in favor, while Pegasus shareholders voted 98.21% in favor of the arrangements.

Aero Energy Limited has successfully secured all necessary shareholder and court approvals to finalize the acquisition of Urano Energy Corp. and Pegasus Resources Inc. The transaction received overwhelming support, with 99.91% of Urano shareholders and 98.21% of Pegasus shareholders voting in favor of the arrangements. This strategic consolidation aims to unify uranium exploration assets under a single, strengthened entity. Effective May 7, 2026, the combined company will officially rebrand as Manhattan Uranium Discovery Corp. The high level of shareholder approval reflects strong investor confidence in the new entity's future within the energy and metals sector. This merger is expected to streamline operational efforts and enhance efficiency across upcoming exploration projects.