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
Vancouver, 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").
不列顛哥倫比亞省溫哥華--（Newsfile Corp.，2024 年 2 月 8 日）-航空能源有限公司（多倫多證券交易所股票代碼：AERO）（場外交易代碼：AAUGF）（FSE：13L0）（”航空“或者”公司“）很高興地宣佈已完成收購（”交易公元前 1443904 年有限公司的 “）（”NumberC“）根據2023年12月21日的股票購買協議的條款。NumberCo持有收購Murmac房地產和Strike財產高達70％的期權以及Sun Dog地產100％的期權（統稱爲”可選屬性“)。
Name Change
姓名變更
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.
在交易完成的同時，該公司已將其名稱從 “Angold Resources Ltd.” 更名爲 “Aero Energy Limited”。該公司的普通股預計將於2024年2月13日左右以新名稱和新的股票代碼 “AERO” 在多倫多證券交易所風險交易所開始交易。
Property Descriptions
物業描述
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.
可選地產總面積爲39,381公頃，位於阿薩巴斯卡盆地的西北邊緣，涵蓋鈾城地區的絕大多數目標視域（電磁或 “電磁” 導體），用於與阿薩巴斯卡盆地不整合（“不一致式” 礦化）相關的高品位鈾礦化。歷史上的勘探工作集中在 “BeaverLodge式” 礦化上，而可選地產在很大程度上沒有通過現代技術進行勘探。在可選地產中，有許多歷史上的高品位鈾（鈾含量大於 1%）3O8) 地表展示，以及歷史鈾產量。自2020年以來，財富灣公司已向期權物業投資了約760萬美元（”財富灣“）和標準鈾有限公司（”標準“，再加上財富灣，”標的持有者“）。Optioned Properties包含多個允許的、隨時可鑽探的目標，在這些目標中，底層所有者完成的偵察鑽探與狹窄的鈾礦化區域和寬闊的熱液蝕變區域相交。Optioned Properties鑽芯中的淺層高鈾與有利的脆性變形石墨巖和高品位阿薩巴斯卡盆地礦牀典型的開拓者元素有關。 這些結果證實，阿薩巴斯卡盆地不合格型礦化系統在可選地產上一直處於活躍狀態。
Image 1
圖片 1
Sun Dog Property
太陽狗地產
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.
太陽犬地產 (“太陽狗”）從標準中選出的九項採礦權佔地面積爲19,604公頃，是歷史悠久的貢納爾鈾礦的所在地，該礦生產了約1800萬磅的U3O8 在 1953 年到 1981 年之間1。Sun Dog 還擁有歷史上鈾礦化的地表，鈾礦化率介於 0.1% 至 3.58% 之間3O8。標準已投資約400萬美元在Sun Dog進行勘探，2022年和2023年在那裏鑽了13個洞，最終確定了 異常的放射性和廣闊的強烈熱液蝕變區域，需要後續跟進。
Strike Property
罷工財產
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 財產 (“罷工”）在四項採礦權中，從財富灣選擇的佔地面積爲9,746公頃。Strike是歷史上多次顯示鈾含量超過1％的地表鈾的場所3O8 表面和品位高達 27% U3O82。此外，歷史上曾在特納地區進行過小規模採礦，該地區在1950年代開採了約1,000噸，報告的鈾品位爲0.6％至3.5％3O83。財富灣已投資約150萬美元用於Strike的勘探，並於2021年完成了一項地面重力調查，以增強Cameco先前完成的歷史VTEM和地球化學調查。2022年，Fortune Bay完成了九個鑽孔，其中三個與異常鈾礦化相交，最大含量爲 0.43%3O8。 強烈建議在十二個目標區域進行後續和勘探性鑽探。
Murmac Property
穆爾馬克地產
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.
穆爾馬克地產 (“Murmac”）財富灣擁有的十六份採礦索賠佔地面積爲10,131公頃。Murmac是歷史上多次展示鈾含量超過1％的地表鈾的場所3O8 而且評分高達 10.3% U3O84。財富灣已投資約210萬美元用於Murmac的勘探。2022年，財富灣完成了地面重力和VTEM調查，然後完成了總共15個鑽孔的首次鑽探計劃。異常鈾在其中六個孔中相交，最大單個測定值爲 0.18% U3O8。 強烈需要在三十三個目標區域進行後續和勘探性鑽探。
Option Terms
期權條款
Sun Dog Property (the "Sun Dog Option")
太陽狗地產（“太陽狗期權”）
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 $1,000,000 cash payment.
Sun Dog期權有權以65萬美元的現金和65萬美元的股票分期付款從標準收購Sun Dog的100％權益，分2年內分期付款，並在3年內獲得650萬美元的工作承諾。在行使Sun Dog期權後，標準將保留2％的冶煉廠淨回報特許權使用費，如果支付100萬美元的現金，該特許權使用費可能會降至1％。
The following is a summary of the Sun Dog Option, which will transfer to the Company through the Company's purchase of NumberCo.
以下是Sun Dog期權的摘要，該期權將通過公司收購NumberCo轉讓給公司。
| Cash (C$) | 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% |
| 現金（加元） | 對價股（加元） | 勘探支出（加元） | 賺取的利息 | |
| 執行日期 | 200,000 美元（已付費） | 200,000 美元 | 無 | |
| 12 個月週年紀念日 | 200,000 美元 | 200,000 美元 | 1,500 萬美元 | |
| 24 個月週年紀念日 | 25萬美元 | 25萬美元 | 2,000,000 美元 | |
| 36 個月週年紀念日 | 無 | 無 | 3,000,000 美元 | |
| 總計 | 650,000 | 650,000 | 6,500,000 美元 | 100% |
Strike and Murmac Properties (the "Strike and Murmac Option")
Strike 和 Murmac 屬性（“Strike and Murmac 選項”）
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 $6,000,000 work commitment over a 3-year period. The Murmac property is subject to an existing 2% net smelter returns royalty.
Strike and Murmac期權有權分三個階段以135萬美元的現金和215萬美元的股權分期從財富灣收購Strike和Murmac高達70％的房產，在3.5年內分期付款。此外，該選項包括3年期內6,000萬美元的工作承諾。Murmac的房產需繳納現有的2％的淨冶煉廠回報特許權使用費。
The following is a summary of the Strike and Murmac Option, which will transfer to the Company through the Company's purchase of NumberCo.
以下是Strike和Murmac期權的摘要，該期權將通過公司收購NumberCo轉讓給公司。
| Cash (C$) | 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 | |
| 現金（加元） | 對價股（加元） | 勘探支出（加元） | 賺取的利息 | |
| 執行日期 | 200,000 美元（已付費） | 200,000 美元 | 無 | |
| 12 個月週年紀念日 | 200,000 美元 | 200,000 美元 | 1,000,000 美元 | |
| 24 個月週年紀念日 | 25萬美元 | 25萬美元 | 2,000,000 美元 | |
| 總計（第一個選項） | 650,000 | 650,000 | 3,000,000 美元 | 51% |
| 36 個月週年紀念日 | 300,000 美元 | 300,000 美元 | 3,000,000 美元 | |
| 總計（第二個選項） | 300,000 美元 | 300,000 美元 | 3,000,000 美元 | 60% |
| 42 個月週年紀念日 | 400,000 美元 | 1,200,000 美元 | 無 | |
| 總計（第三個選項） | 400,000 美元 | 1,200,000 美元 | 無 | 70% |
| 總計 | 1,350,000 美元 | 2,150,000 美元 | 600 萬美元 | |
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.
在獲得 51%、60% 或 70% 的利息（視情況而定）後，公司和財富灣將成立合資企業，按照標準的按比例融資要求。
Transaction Terms
交易條款
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.
根據交易條款，公司已收購了NumberCo的所有已發行股本，作爲發行公司23,500,000股普通股的對價（”支付份額“) 致於 NumberCo 的現有股東（統稱爲”供應商“）。該公司還承擔了與期權地產相關的NumberCo的義務，包括要求完成對財富灣公司和標準鈾有限公司的付款和股票發行，以及承擔勘探支出，以維持期權地產的權益。
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.
交易完成後，公司以0.15美元的認定價格向財富灣公司和標準鈾有限公司各發行了1,333,333股普通股，以履行根據NumberCo控制期權物業的期權協議所欠的某些義務。有關收購期權物業權益所需的付款、股票發行和支出的更多信息，鼓勵讀者查看公司於2023年12月22日發佈的新聞稿。
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.
該公司與NumberCo、供應商和標的所有者保持距離，交易完成時無需支付任何發現者費用。
Qualified Person
合格人員
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.
本新聞稿的技術內容已經過Galen McNamara, P. Geo. 的審查和批准，他是公司臨時首席執行官和National Instrument 43-101定義的合格人士。
About Aero Energy Limited
關於航空能源有限公司
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是一家勘探和開發公司，目標是全球大型礦產系統。該公司的資產包括智利的項目和加拿大的鈾項目。智利的多拉多項目以一個主要的斑岩金系統爲特色，鑽探結果包括302米，金含量爲0.71克/噸。智利的Cordillera項目地理位置優越，位於兩個數百萬盎司的金礦牀之間，並具有多個黃金勘探目標。加拿大的鈾項目具有高品位鈾礦化的前景。
On Behalf of the Board of Directors
代表董事會
"Galen McNamara"
“蓋倫·麥克納馬拉”
Galen McNamara, Interim Chief Executive Officer
蓋倫·麥克納馬拉，臨時首席執行官
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.
有關該公司的更多信息可以在公司的網站aeroenergy.ca和網址上找到，也可以通過電子郵件與公司聯繫，電子郵件地址爲 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.
多倫多證券交易所風險投資交易所及其監管服務提供商（該術語在多倫多證券交易所風險投資交易所的政策中定義）均不對本新聞稿的充分性或準確性承擔責任。
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.
前瞻性陳述：本新聞稿包含適用證券法所指的前瞻性陳述和前瞻性信息。這些陳述與未來事件或未來業績有關，包括對預計完成1443904 B.C. Ltd.的收購的預期。除歷史事實陳述外，所有陳述可能是前瞻性陳述或信息。前瞻性陳述和信息通常（但並非總是如此）使用 “出現”、“尋找”、“預測”、“計劃”、“繼續”、“估計”、“近似”、“預期”、“可能”、“將”、“項目”、“預測”、“潛在”、“打算”、“可能”、“應該”、“相信” 等詞語來識別，“會” 和類似的表達。提供前瞻性陳述和信息的目的是提供有關公司當前對未來的預期和管理計劃的信息。提醒讀者，依賴此類陳述和信息可能不適合用於其他目的，例如做出投資決策。由於前瞻性陳述和信息涉及未來的事件和狀況，因此就其本質而言，它們涉及固有的風險和不確定性。由於許多因素和風險，實際結果可能與目前的預期有重大差異。因此，讀者不應過分依賴本新聞稿中包含的前瞻性陳述、時間表和信息。前瞻性信息基於管理層對雙方合理的假設、估計、預期、分析和觀點，這些假設、估計、預期、分析和觀點基於管理層對趨勢、當前狀況和預期發展的經驗和看法，以及管理層認爲在當時情況下相關和合理但可能被證明不正確的其他因素。
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.
除非適用法律要求，否則公司沒有義務更新前瞻性信息。此類前瞻性信息代表了管理層根據當前可用信息做出的最佳判斷。無法保證任何前瞻性陳述，未來的實際業績可能會有重大差異。因此，建議讀者不要過分依賴前瞻性陳述或信息。
譯文內容由第三人軟體翻譯。