Angold Resources Completes Acquisition of Interest in Saskatchewan Uranium Projects and Changes Name to Aero Energy Limited
Angold Resources Completes Acquisition of Interest in Saskatchewan Uranium Projects and Changes Name to Aero Energy Limited
Property DescriptionsVancouver, British Columbia--(Newsfile Corp. - February 8, 2024) - Aero Energy Limited (TSXV: AERO) (OTC Pink: AAUGF) (FSE: 13L0) ("Aero" or the "Company") is pleased to announce that it has completed the acquisition (the "Transaction") of 1443904 B.C. Ltd. ("NumberCo") pursuant to the terms of a share purchase agreement dated December 21, 2023. 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").
不列颠哥伦比亚省温哥华--（Newsfile Corp.，2024 年 2 月 8 日）-航空能源有限公司（多伦多证券交易所股票代码：AERO）（场外交易代码：AAUGF）（FSE：13L0）（”航空“或者”公司“）很高兴地宣布已完成收购（”交易公元前 1443904 年有限公司的 “）（”NumberC“）根据2023年12月21日的股票购买协议的条款。NumberCo持有收购Murmac房地产和Strike财产高达70％的期权以及Sun Dog地产100％的期权（统称为”可选属性“)。
Name Change
姓名变更
Concurrently with completion of the Transaction, the Company has changed its name from "Angold Resources Ltd." to "Aero Energy Limited". The common shares of the Company are expected to commence trading on the TSX Venture Exchange under the new name and the new ticker symbol "AERO" on or about February 13, 2024.
在交易完成的同时，该公司已将其名称从 “Angold Resources Ltd.” 更名为 “Aero Energy Limited”。该公司的普通股预计将于2024年2月13日左右以新名称和新的股票代码 “AERO” 在多伦多证券交易所风险交易所开始交易。
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。
Image 1
图片 1
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。
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 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 $1,000,000 cash payment.
Sun Dog期权有权以65万美元的现金和65万美元的股票分期付款从标准收购Sun Dog的100％权益，分2年内分期付款，并在3年内获得650万美元的工作承诺。在行使Sun Dog期权后，标准将保留2％的冶炼厂净回报特许权使用费，如果支付100万美元的现金，该特许权使用费可能会降至1％。
The following is a summary of the Sun Dog Option, which will transfer to the Company through the Company's purchase of NumberCo.
以下是Sun Dog期权的摘要，该期权将通过公司收购NumberCo转让给公司。
| Cash (C$) | 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） | 对价股（加元） | 勘探支出（加元） | 赚取的利息 | |
| 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% |
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） | 对价股（加元） | 勘探支出（加元） | 赚取的利息 | |
| 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 | |
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。
Transaction Terms
交易条款
Pursuant to the terms of the Transaction, the Company has acquired 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"). The Company has also assumed the obligations of NumberCo related the Optioned Properties, including the requirements to complete payments and share issuances to Fortune Bay Corp. and Standard Uranium Ltd., and incur exploration expenditures, in order to maintain an interest in the Optioned Properties.
根据交易条款，公司已收购了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“）。该公司还承担了与期权地产相关的NumberCo的义务，包括要求完成对财富湾公司和标准铀有限公司的付款和股票发行，以及承担勘探支出，以维持期权地产的权益。
Upon completion of the Transaction, the Company issued 1,333,333 common shares to each of Fortune Bay Corp. and Standard Uranium Ltd., at a deemed price of $0.15, to satisfy certain obligations owing pursuant to the option agreements under which NumberCo controls the Optioned Properties. For further information regarding the payments, share issuances and expenditures required to acquire an interest in the Optioned Properties, readers are encouraged to review the news release issued by the Company on December 22, 2023.
交易完成后，公司以0.15美元的认定价格向财富湾公司和标准铀有限公司各发行了1,333,333股普通股，以履行根据NumberCo控制期权物业的期权协议所欠的某些义务。有关收购期权物业权益所需的付款、股票发行和支出的更多信息，鼓励读者查看公司于2023年12月22日发布的新闻稿。
The Company is at arms-length from NumberCo, the Vendors and the Underlying Owners, and no finders' fees were payable in connection with completion of the Transaction.
该公司与NumberCo、供应商和标的所有者保持距离，交易完成时无需支付任何发现者费用。
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 Aero Energy Limited
关于航空能源有限公司
Aero Energy Ltd is an exploration and development company targeting large-scale mineral systems worldwide. The Company's assets include projects in 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.
Aero Energy Ltd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的项目和加拿大的铀项目。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
代表董事会
"Galen McNamara"
“盖伦·麦克纳马拉”
Galen McNamara, Interim Chief Executive Officer
盖伦·麦克纳马拉，临时首席执行官
Further information on the Company can be found on the Company's website at aeroenergy.ca and at , or by contacting the Company by email at info@aeroenergy.ca.
有关该公司的更多信息可以在公司的网站aeroenergy.ca和网址上找到，也可以通过电子邮件与公司联系，电子邮件地址为 info@aeroenergy.ca。
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投资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投资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 intended completion of the acquisition of 1443904 B.C. Ltd. 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，包括对预计完成1443904 B.C. Ltd.的收购的预期。除历史事实陈述外，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（但并非总是如此）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”、“打算”、“可能”、“应该”、“相信” 等词语来识别，“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。
