Angold Resources Announces Acquisition of Saskatchewan Uranium Projects; Proposed Name Change to Aero Energy Limited
Angold Resources Announces Acquisition of Saskatchewan Uranium Projects; Proposed Name Change to Aero Energy Limited
Sun Dog PropertyVancouver, 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").
不列颠哥伦比亚省温哥华--（Newsfile Corp.，2023 年 12 月 22 日）-Angold Resources Ltd.（多伦多证券交易所股票代码：AAU）（FSE：13L0）（”Angold“或者”公司“）很高兴地宣布，它已于2023年12月21日签订了最终股票购买协议，以收购（”收购“) 公元前 1443904 年有限公司 (”NumberC“）。NumberCo持有收购Murmac房地产和Strike财产高达70％的期权以及Sun Dog房产100％的期权，（统称为 “可选属性”)。 可选地产都位于萨斯喀彻温省铀城附近的安戈德现有的铀勘探地产附近，在多产的Beaverlodge矿区创造了总面积为101,108公顷的领先土地位置，那里有大约7000万磅的铀矿3O8 于 1950 年至 1982 年间制作1。 此外，该公司宣布打算更名为Aero Energy Limited（”姓名变更“)。
Property Descriptions
物业描述
The Optioned Properties, covering a total area of 39,381 hectares, are located along the northwestern margin of the Athabasca Basin and encompass the vast majority of target horizons (electromagnetic or "EM" conductors) in the Uranium City area for high-grade uranium mineralization associated with the Athabasca Basin unconformity ("Unconformity-style" mineralization). Historical exploration efforts were focused on "Beaverlodge-style" mineralization, and the Optioned Properties are largely unexplored by modern techniques. Within the Optioned Properties there are numerous historical high-grade uranium (>1% U3O8) surface showings, in addition to historical uranium production. Approximately $7.6M has been invested in the Optioned Properties since 2020 by Fortune Bay Corp. ("Fortune Bay") and Standard Uranium Ltd. ("Standard", and together with Fortune Bay, the "Underlying Owners"). The Optioned Properties contain multiple, permitted, drill ready targets where reconnaissance drilling completed by the Underlying Owners intersected narrow zones of uranium mineralization and wide zones of hydrothermal alteration. Shallow, elevated uranium in drill core on the Optioned Properties is associated with favourable brittle-deformed graphitic rocks and pathfinder elements typical of high-grade Athabasca Basin deposits. These results confirm that Athabasca Basin Unconformity-style mineralizing systems have been active on the Optioned Properties.
可选地产总面积为39,381公顷，位于阿萨巴斯卡盆地的西北边缘，涵盖铀城地区的绝大多数目标视域（电磁或 “电磁” 导体），用于与阿萨巴斯卡盆地不整合（“不一致式” 矿化）相关的高品位铀矿化。历史上的勘探工作集中在 “BeaverLodge式” 矿化上，而可选地产在很大程度上没有通过现代技术进行勘探。在可选地产中，有许多历史上的高品位铀（铀含量大于 1%）3O8) 地表展示，以及历史铀产量。自2020年以来，财富湾公司已向期权物业投资了约760万美元（”财富湾“）和标准铀有限公司（”标准“，再加上财富湾，”标的持有者“）。Optioned Properties包含多个允许的、随时可钻探的目标，在这些目标中，底层所有者完成的侦察钻探与狭窄的铀矿化区域和宽阔的热液蚀变区域相交。Optioned Properties钻芯中的浅层高铀与有利的脆性变形石墨岩和高品位阿萨巴斯卡盆地矿床典型的开拓者元素有关。 这些结果证实，阿萨巴斯卡盆地不合格型矿化系统在可选地产上一直处于活跃状态。
Sun Dog Property
太阳狗地产
The Sun Dog Property ("Sun Dog") optioned from Standard covers an area of 19,604 ha in nine mining claims and is host to the historic Gunnar uranium mine which produced approximately 18M lbs of U3O8 between 1953 and 19811. Sun Dog also hosts historical uranium mineralization at surface ranging between 0.1% and 3.58% U3O8. Standard has invested approximately $4M in exploration at Sun Dog where 13 holes drilled in 2022 and 2023 resulted in the identification of anomalous radioactivity and broad zones of strong hydrothermal alteration requiring follow-up.
太阳犬地产 (“太阳狗”）从标准中选出的九项采矿权占地面积为19,604公顷，是历史悠久的贡纳尔铀矿的所在地，该矿生产了约1800万磅的U3O8 在 1953 年到 1981 年之间1。Sun Dog 还拥有历史上铀矿化的地表，铀矿化率介于 0.1% 至 3.58% 之间3O8。标准已投资约400万美元在Sun Dog进行勘探，2022年和2023年在那里钻了13个洞，最终确定了 异常的放射性和广阔的强烈热液蚀变区域，需要后续跟进。
Strike Property
罢工财产
The Strike Property ("Strike") optioned from Fortune Bay covers an area of 9,746 ha in four mining claims. Strike is host to multiple historical surface uranium showings exceeding 1% U3O8 at surface and grading as high as 27% U3O82. In addition, historical small-scale mining was conducted at the Tena zone where approximately 1,000 tons was mined in the 1950's with reported grades of 0.6% to 3.5% U3O83. Fortune Bay has invested approximately $1.5M in exploration at Strike and in 2021 completed a ground gravity survey to augment historical VTEM and geochemical surveys previously completed by Cameco. In 2022, nine drill holes were completed by Fortune Bay, three of which intersected anomalous uranium mineralization up to a maximum of 0.43% U3O8. Follow-up and exploratory drilling is strongly warranted at twelve target areas.
Strike 财产 (“罢工”）在四项采矿权中，从财富湾选择的占地面积为9,746公顷。Strike是历史上多次显示铀含量超过1％的地表铀的场所3O8 表面和品位高达 27% U3O82。此外，历史上曾在特纳地区进行过小规模采矿，该地区在1950年代开采了约1,000吨，报告的铀品位为0.6％至3.5％3O83。财富湾已投资约150万美元用于Strike的勘探，并于2021年完成了一项地面重力调查，以增强Cameco先前完成的历史VTEM和地球化学调查。2022年，Fortune Bay完成了九个钻孔，其中三个与异常铀矿化相交，最大含量为 0.43%3O8。 强烈建议在十二个目标区域进行后续和勘探性钻探。
Murmac Property
穆尔马克地产
The Murmac Property ("Murmac") owned by Fortune Bay covers an area of 10,131 ha in sixteen mining claims. Murmac is host to multiple historical surface uranium showings exceeding 1% U3O8 and grading as high as 10.3% U3O84. Fortune Bay has invested approximately $2.1M in exploration at Murmac. In 2022, Fortune Bay completed ground gravity and VTEM surveys and then completed a maiden drill program totalling 15 holes. Anomalous uranium was intersected in six of the holes, up to a maximum individual assay of 0.18% U3O8. Follow-up and exploratory drilling is strongly warranted at thirty-three target areas.
穆尔马克地产 (“Murmac”）财富湾拥有的十六份采矿索赔占地面积为10,131公顷。Murmac是历史上多次展示铀含量超过1％的地表铀的场所3O8 而且评分高达 10.3% U3O84。财富湾已投资约210万美元用于Murmac的勘探。2022年，财富湾完成了地面重力和VTEM调查，然后完成了总共15个钻孔的首次钻探计划。异常铀在其中六个孔中相交，最大单个测定值为 0.18% U3O8。 强烈需要在三十三个目标区域进行后续和勘探性钻探。
Local Exploration Facility
当地勘探设施
During exploration programs the Company will have access to Fortune Bay's camp and core processing facility in Uranium City upon commercially reasonable terms.
在勘探计划期间，公司将有权根据商业上合理的条件进入位于铀城的财富湾营地和核心处理设施。
Option Terms
期权条款
Sun Dog Property (the "Sun Dog Option")
太阳狗地产（“太阳狗期权”）
The Sun Dog Option is for the right to acquire a 100% interest in Sun Dog from Standard for $650,000 in cash and $650,000 in share payments payable in annual installments payable over a 2-year period, and a $6,500,000 work commitment over a 3-year period. Following exercise of the Sun Dog Option, Standard will retain a 2% net smelter returns royalty, which may be reduced to 1% for a $1,000,000 cash payment.
Sun Dog期权有权以65万美元的现金和65万美元的股权从标准收购Sun Dog的100％权益，分2年分期付款，以及在3年期内支付650万美元的工作承诺。在行使Sun Dog期权后，标准将保留2％的冶炼厂净回报特许权使用费，如果支付100万美元的现金，该特许权使用费可能会降至1％。
The following is a summary of the Sun Dog Option, which will transfer to the Company through the Company's purchase of NumberCo.
以下是Sun Dog期权的摘要，该期权将通过公司收购NumberCo转让给公司。
| Cash (C$) | Consideration Shares (C$) |
Exploration Expenditures (C$) |
Interest Earned |
|
| Execution Date | $200,000 (paid) | $200,000 | Nil | |
| 12-Month Anniversary | $200,000 | $200,000 | $1,500,000 | |
| 24-Month Anniversary | $250,000 | $250,000 | $2,000,000 | |
| 36-Month Anniversary | Nil | Nil | $3,000,000 | |
| Total | $650,000 | $650,000 | $6,500,000 | 100% |
| 现金（加元） | 考虑 股票（加元） |
探索 支出（加元） |
利息 赢了 |
|
| 执行日期 | 200,000 美元（已付费） | 200,000 美元 | 无 | |
| 12 个月周年纪念日 | 200,000 美元 | 200,000 美元 | 1,500 万美元 | |
| 24 个月周年纪念日 | 25万美元 | 25万美元 | 2,000,000 美元 | |
| 36 个月周年纪念日 | 无 | 无 | 3,000,000 美元 | |
| 总计 | 650,000 | 650,000 | 6,500,000 美元 | 100% |
The number of shares issued for each payment will be based on the Company's share price upon completion of the Acquisition.
每次付款的发行数量将基于收购完成后的公司股价。
Strike and Murmac Properties (the "Strike and Murmac Option")
Strike 和 Murmac 属性（“Strike and Murmac 选项”）
The Strike and Murmac Option is for the right to acquire up to 70% in the Strike and Murmac properties from Fortune Bay in three stages for $1,350,000 in cash and $2,150,000 in share payments payable in annual installments over a 3.5-year period. Additionally, the option includes a $6,000,000 work commitment over a 3-year period. The Murmac property is subject to an existing 2% net smelter returns royalty.
Strike and Murmac期权有权分三个阶段以135万美元的现金和215万美元的股权分期从财富湾收购Strike和Murmac高达70％的房产，在3.5年内分期付款。此外，该选项包括3年期内6,000万美元的工作承诺。Murmac的房产需缴纳现有的2％的净冶炼厂回报特许权使用费。
The following is a summary of the Strike and Murmac Option, which will transfer to the Company through the Company's purchase of NumberCo.
以下是Strike和Murmac期权的摘要，该期权将通过公司收购NumberCo转让给公司。
| Cash (C$) | Consideration Shares (C$) |
Exploration Expenditures (C$) |
Interest Earned |
|
| Execution Date | $200,000 (paid) | $200,000 | Nil | |
| 12-Month Anniversary | $200,000 | $200,000 | $1,000,000 | |
| 24-Month Anniversary | $250,000 | $250,000 | $2,000,000 | |
| Total (First Option) | $650,000 | $650,000 | $3,000,000 | 51% |
| 36-Month Anniversary | $300,000 | $300,000 | $3,000,000 | |
| Total (Second Option) | $300,000 | $300,000 | $3,000,000 | 60% |
| 42-Month Anniversary | $400,000 | $1,200,000 | Nil | |
| Total (Third Option) | $400,000 | $1,200,000 | Nil | 70% |
| Grand Total | $1,350,000 | $2,150,000 | $6,000,000 |
| 现金（加元） | 考虑 股票（加元） |
探索 支出（加元） |
利息 赢了 |
|
| 执行日期 | 200,000 美元（已付费） | 200,000 美元 | 无 | |
| 12 个月周年纪念日 | 200,000 美元 | 200,000 美元 | 1,000,000 美元 | |
| 24 个月周年纪念日 | 25万美元 | 25万美元 | 2,000,000 美元 | |
| 总计（第一个选项） | 650,000 | 650,000 | 3,000,000 美元 | 51% |
| 36 个月周年纪念日 | 300,000 美元 | 300,000 美元 | 3,000,000 美元 | |
| 总计（第二个选项） | 300,000 美元 | 300,000 美元 | 3,000,000 美元 | 60% |
| 42 个月周年纪念日 | 400,000 美元 | 1,200,000 美元 | 无 | |
| 总计（第三个选项） | 400,000 美元 | 1,200,000 美元 | 无 | 70% |
| 总计 | 1,350,000 美元 | 2,150,000 美元 | 600 万美元 |
The number of shares issued for each payment will be based on the Company's share price upon completion of the Acquisition.
每次付款的发行数量将基于收购完成后的公司股价。
After earning-in 51%, 60%, or 70% interest (whichever the case may be), the Company and Fortune Bay will form a joint venture with standard pro-rata funding requirements.
在获得 51%、60% 或 70% 的利息（视情况而定）后，公司和财富湾将成立合资企业，按照标准的按比例融资要求。
Acquisition Terms
收购条款
Pursuant to the terms of the Acquisition, the Company will acquire all of the outstanding share capital of NumberCo in consideration for the issuance of 23,500,000 common shares of the Company (the "Payment Shares") to the existing shareholders of NumberCo (collectively, the "Vendors") and the assumption of the obligations related to the Sun Dog Option and the Strike and Murmac Option.
根据收购条款，公司将收购NumberCo的所有已发行股本，作为发行公司23,500,000股普通股的对价（”支付份额“) 致于 NumberCo 的现有股东（统称为”供应商“）以及承担与Sun Dog期权和Strike和Murmac期权相关的义务。
Completion of the Acquisition remains subject to a number of conditions, including receipt of any required regulatory approvals and the delivery of customary closing documentation. The Acquisition cannot be completed until these conditions have been satisfied, and there can be no assurance that the Acquisition will be completed in a timely fashion, or at all.
此次收购的完成仍需满足一些条件，包括获得任何必要的监管批准和常规成交文件的交付。在这些条件得到满足之前，无法完成收购，也无法保证收购会及时完成，或者根本无法保证。
The Company is at arms-length from NumberCo, the Vendors and the Underlying Owners, and no finders' fee is payable in connection with completion of the Acquisition. The Acquisition constitutes a "fundamental acquisition" for the Company, under the policies of the TSX Venture Exchange (the "TSXV"), on the basis that the Company intends to devote the majority of its capital to the Acquisition and the Optioned Properties. As a result, trading in the Company's common shares has been halted, at the request of the Company, pending completion of filings with the TSXV in connection with the Acquisition.
该公司与NumberCo、供应商和标的所有者保持一定距离，收购完成后无需支付任何发现者费用。根据多伦多证券交易所（TSX Venture Exchange）的政策，此次收购构成了公司的 “基本收购”TSXV“），前提是公司打算将其大部分资本用于收购和期权物业。因此，应公司的要求，该公司普通股的交易已暂停，等待向多伦多证券交易所提交的与收购有关的文件完成。
The Payment Shares will be subject to restrictions on resale following issuance. An aggregate of 7,500,000 Payment Shares will be subject to a hold period until March 8, 2024, and the balance of the Payment Shares will be released in equal tranches every three months over an eighteen-month period following completion of the Acquisition.
发行后，支付股份将受到转售限制。总计7,500,000股支付股份的持有期将持续到2024年3月8日，支付份额的余额将在收购完成后的十八个月内每三个月等额发放。
Name Change
姓名变更
The Company also announces that it intends to change its name to "Aero Energy Limited". The Name Change is expected to occur concurrently with completion of the Acquisition. In connection with the Name Change, the Company will update its trading symbol and CUSIP number.
该公司还宣布，它打算更名为 “航空能源有限公司”。预计名称变更将在收购完成后同时进行。在名称变更方面，公司将更新其交易代码和CUSIP号码。
Uchi Project Update
Uchi 项目更新
The Company announces that it has relinquished all mineral titles associated with the Uchi project in Ontario.
该公司宣布已放弃与安大略省Uchi项目相关的所有矿产所有权。
Historical Results
历史业绩
Further details regarding the historical uranium occurrences and uranium production noted in this news release can be found within the Saskatchewan Mineral Deposit Index ("SMDI"). The Underlying Owners have verified many of these occurrences through field prospecting and sampling, however there is a risk that any future confirmation work and exploration may produce results that substantially differ from the unverified historical results. The Company considers these unverified historical results relevant to assess the mineralization and economic potential of the property. The Company also cautions that past results, discoveries and production on proximate land are not necessarily indicative of the results that may be achieved on the subject properties.
有关本新闻稿中提及的历史铀矿产量和铀产量的更多详细信息可以在萨斯喀彻温省矿床指数（“SMDI”）中找到。标的股东已经通过实地勘探和采样来证实了其中许多事件，但是未来的任何确认工作和勘探都可能产生与未经证实的历史结果大相径庭的结果。该公司认为这些未经证实的历史结果与评估该物业的矿化和经济潜力有关。该公司还警告说，过去在附近土地上的业绩、发现和生产不一定代表在标的物业上可能取得的成果。
Qualified Person
合格人员
The technical content of this news release has been reviewed and approved by Galen McNamara, P. Geo., the interim CEO of the Company and a qualified person as defined by National Instrument 43-101.
本新闻稿的技术内容已经过Galen McNamara, P. Geo. 的审查和批准，他是公司临时首席执行官和National Instrument 43-101定义的合格人士。
About Angold Resources Ltd.
关于安戈尔德资源有限公司
Angold is an exploration and development company targeting large-scale mineral systems worldwide. The Company's assets include projects in gold projects Chile and uranium projects Canada. The Dorado Project in Chile features a major porphyry-gold system where drill results include 302 m at 0.71 g/t Au. The Cordillera Project in Chile is strategically located between two multi-million ounce gold deposits and features multiple gold exploration targets. The uranium projects in Canada are prospective for high-grade uranium mineralization.
Angold是一家勘探和开发公司，目标是全球大型矿产系统。该公司的资产包括智利黄金项目和加拿大铀项目项目。智利的多拉多项目以一个主要的斑岩金系统为特色，钻探结果包括302米，金含量为0.71克/吨。智利的Cordillera项目地理位置优越，位于两个数百万盎司的黄金矿床之间，并具有多个黄金勘探目标。加拿大的铀项目具有高品位铀矿化的前景。
ON BEHALF OF THE BOARD OF DIRECTORS
"Galen McNamara"
Galen McNamara, Chairman and Interim CEO
604-628-2669
代表董事会
“盖伦·麦克纳马拉”
Galen McNamara，董事长兼临时首席执行官
604-628-2669
Further information on Angold can be found on the Company's website at and at , or by contacting the Company by email at investors@angoldresources.com
有关Angold的更多信息可以在公司的网站上找到，网址为和网址，也可以通过电子邮件与公司联系，电子邮件地址为 investors@angoldresources.com
References
参考文献
1.Geology and Genesis of Major World Hardrock Uranium Deposits, United States Geological Survey, Open-File Report 81-166, 1981.
2. Information obtained from Saskatchewan Mineral Deposit Index, occurrence number 1204.
3. Information obtained from Saskatchewan Mineral Deposit Index, occurrence number 151.
4. Historical geochemical results are sourced from the Saskatchewan Mineral Assessment Database (SMAD) references 74N07-0310 and 74N07-0311.
1。世界主要硬岩铀矿床的地质和成因，美国地质调查局，公开文件报告81-166，1981年。
2. 信息来自萨斯喀彻温省矿床指数，出现编号为1204。
3。 信息来自萨斯喀彻温省矿床指数，出现次数为151。
4。 历史地球化学结果来自萨斯喀彻温省矿物评估数据库 (SMAD) 参考文献 74N07-0310 和 74N07-0311。
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
多伦多证券交易所风险交易所及其监管服务提供商（该术语在多伦多证券交易所风险交易所的政策中定义）均不对本新闻稿的充分性或准确性承担责任。
Forward-Looking Statements: This news release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. These statements relate to future events or future performance and include expectations regarding the use of proceeds from the Offering. All statements other than statements of historical fact may be forward-looking statements or information. Forward-looking statements and information are often, but not always, identified by the use of words such as "appear", "seek", "anticipate", "plan", "continue", "estimate", "approximate", "expect", "may", "will", "project", "predict", "potential", "targeting", "intend", "could", "might", "should", "believe", "would" and similar expressions. Forward-looking statements and information are provided for the purpose of providing information about the current expectations and plans of management of the Company relating to the future. Readers are cautioned that reliance on such statements and information may not be appropriate for other purposes, such as making investment decisions. Since forward-looking statements and information address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. Accordingly, readers should not place undue reliance on the forward-looking statements, timelines and information contained in this news release. Forward-looking information are based on management of the parties' reasonable assumptions, estimates, expectations, analyses and opinions, which are based on such management's experience and perception of trends, current conditions and expected developments, and other factors that management believes are relevant and reasonable in the circumstances, but which may prove to be incorrect.
前瞻性陈述：本新闻稿包含适用证券法所指的前瞻性陈述和前瞻性信息。这些陈述与未来事件或未来业绩有关，包括对发行所得收益使用情况的预期。除历史事实陈述以外的所有陈述可能是前瞻性陈述或信息。前瞻性陈述和信息通常使用 “出现”、“寻找”、“预测”、“计划”、“继续”、“估计”、“近似”、“预期”、“可能”、“将”、“项目”、“预测”、“潜在”、“目标”、“打算”、“可能”、“应该”、“相信” 等词语来识别，但并非总是如此，“会” 和类似的表达。提供前瞻性陈述和信息的目的是提供有关公司当前对未来的预期和管理计划的信息。提醒读者，依赖此类陈述和信息可能不适合用于其他目的，例如做出投资决策。由于前瞻性陈述和信息涉及未来的事件和状况，因此就其本质而言，它们涉及固有的风险和不确定性。由于许多因素和风险，实际结果可能与目前的预期有重大差异。因此，读者不应过分依赖本新闻稿中包含的前瞻性陈述、时间表和信息。前瞻性信息基于管理层对双方合理的假设、估计、预期、分析和观点，这些假设、估计、预期、分析和观点基于管理层对趋势、当前状况和预期发展的经验和看法，以及管理层认为在当时情况下相关和合理但可能被证明不正确的其他因素。
The Company undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management's best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.
除非适用法律要求，否则公司没有义务更新前瞻性信息。此类前瞻性信息代表了管理层根据当前可用信息做出的最佳判断。无法保证任何前瞻性陈述，未来的实际业绩可能会有重大差异。因此，建议读者不要过分依赖前瞻性陈述或信息。
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