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Posted by
Two Blokes Jun 23 -
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Stock
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Vancouver, British Columbia--(Newsfile Corp. - June 23, 2025) - Aero Energy Limited (TSXV: AERO) (OTC Pink: AAUGF) (FSE: UU3) ("Aero") and Kraken Energy Corp. (CSE: UUSA) (OTC Pink: UUSAF) (FSE: F2C) ("Kraken") are pleased to announce, further to their press release dated April 2, 2025, the completion of the plan of arrangement under the Canada Business Corporations Act (the "Arrangement"), whereby Aero acquired all of the issued and outstanding common shares of Kraken (the "Kraken Shares") pursuant to the arrangement agreement dated April 1, 2025 between Aero and Kraken. Galen McNamara, CEO and Director of Aero, stated: "We're proud to merge with Kraken and create a leading uranium explorer that delivers substantial value to shareholders of both companies.
