Manhattan Uranium Discovery Corp. Completes Acquisitions of Urano Energy and Pegasus Resources
Manhattan Uranium Discovery Corp. has finalized its acquisition of Urano Energy and Pegasus Resources, creating a leading North American uranium platform. The combined entity will manage 15 past-producing uranium mines across 25 properties in the U.S., enhancing its position in the growing uranium market amid rising domestic demand.
Theia Market Signal Identification - AI AssistedManhattan Uranium Discovery Corp. has successfully completed acquisitions of Urano Energy and Pegasus Resources, resulting in a new entity trading under 'MANU' on TSX-V. This merger consolidates 15 historical uranium mines across 25 properties totaling over 25,000 acres in the Colorado Plateau and enhances exploration potential in Canada's Athabasca Basin.
The deals will strengthen the company's market profile, increasing investor interest and potentially inclusion in uranium-focused indices. Concurrently, 26.25 million subscription receipts converted into common shares and warrants.
Urano and Pegasus are expected to be de-listed from their respective exchanges in early May 2026. The completion of these arrangements positions Manhattan to capitalize on increasing uranium demand as a critical mineral in the U.S.
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