Manhattan Uranium Discovery Corp.
Manhattan Uranium Discovery Corp. (TSXV/OTC/FSE: MANU, formerly Aero Energy Limited, renamed 7 May 2026 after acquiring Urano Energy Corp. and Pegasus Resources Inc.) is a grassroots uranium explorer/early developer with a Colorado Plateau, USA portfolio of 15 past-producing mines across 25 properties totaling approximately 25,099 acres, including Pegasus's flagship Jupiter Uranium Project in Utah, plus secondary exploration upside in the Athabasca Basin, Canada. No NI 43-101 current resource estimate has been confirmed. Galen McNamara is CEO; the company is headquartered in Vancouver.
Notable vs. Peers
- Financials score of 7.4/10 is stronger than the peer average of 5.8/10.
- Trading within 2% of its 52-week low — weak recent price momentum.
Lifecycle Milestones
Jurisdiction (40%)9/10
Utah: Fraser PPI 2025 is 90.25 of 100 (rank 12 of 68), which maps to 9 on this site's scale. Colorado Plateau, USA (15 past-producing mines, 25 properties, ~25,099 acres, incl. Pegasus's flagship Jupiter Uranium Project, Utah) -- Tier-1 US mining jurisdiction. Secondary Athabasca Basin, Canada exploration upside also Tier-1.
Infrastructure (40%)No verified figure
Researched with nothing found: no source we could cite confirms or rules out an existing mill, road access, grid power, or tailings facility at Jupiter Uranium Project (I-70 District), San Rafael District, Utah, USA (checked Sep 30, 2026; recheck due Mar 29, 2027). Counts at a neutral 5/10 until one does.
Nearby producing mine (20%)Not yet researched
No project coordinates on file yet, so distance to a producing mine can't be measured.
Acquisition Susceptibility
A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal in the research, a producer that already owns part of the company, is scored from its disclosed strategic shareholders. A producer that is a joint-venture or earn-in partner on the project, rather than a shareholder, isn't captured yet.
How this score is built
- Disclosed pending dealSub-score: Not scored
No pending acquisition or merger disclosed (checked)
Not scored: having no deal in flight isn't held against a company.
Weight 26.25% - Producer's strategic stakeSub-score: Not scored
No producer holds a disclosed stake on file (holder register researched) See holders
Not scored: most juniors that do get bought had no prior toehold, so a missing stake says little either way.
Weight 25% - Distance to a producing mineSub-score: Not yet researched
Distance not yet researched: no project coordinates on file
Distance can't be measured without coordinates, so excluded rather than counted as far.
Weight 22.5% - Lifecycle stageSub-score:1/10
Stage: Grassroots Exploration
Feasibility and permitting score 10, where deals cluster, and production 5.5; earlier stages score less, down to 1 at grassroots.
Weight 15% · 57% here - JurisdictionSub-score:9/10
United States: jurisdiction score 9/10
Our jurisdiction score, used as is: higher means lower political and permitting risk.
Weight 6.75% · 26% here - CommoditySub-score:4/10
Primary commodity: Uranium
Gold 10, copper 8, silver 5, nickel and uranium 4, others 2: most majors' deals are for gold.
Weight 4.5% · 17% here
Weight is each input's share of the full score. “Here” is its share of this company's score: inputs that aren't scored are left out and the rest re-weighted, never counted as zero.
Your Rankings
Management Team
CEO of Silver47 Exploration Corp. following the 2025 Silver47/Summa Silver merger; also Chief Executive Officer & Director of Manhattan Uranium Discovery Corp.
Member of the Law Society of British Columbia and Canadian Bar Association, with over a decade of capital-markets experience in junior mining and natural resources. Appointed President 14 May 2026.
CFO of the Combined Company since the 2 Mar 2026 combination announcement.
VP Corporate Development of the Combined Company since the 2 Mar 2026 combination announcement.
Director of Manhattan Uranium Discovery Corp's board.
Director of Manhattan Uranium Discovery Corp. Chartered Professional Accountant with a Bachelor of Commerce from the Sauder School of Business (UBC); over two decades of management experience, including as former Chief Financial Officer of NexGen Energy and senior roles at Ballard Power, Westcoast Energy and Deloitte.
Director of Manhattan Uranium Discovery Corp's board; also President, Chief Executive Officer & Director of District Metals Corp.
Entrepreneur with over 40 years of experience in the minerals and securities industries. Founded Energy Metals Corp. as its co-founder and Chairman, compiling the largest domestic uranium resource base in U.S. history before it was sold for $1.8 billion in 2007. Founder of enCore Energy Corp. and its Executive Chair until his retirement in March 2026, when he became Chairman Emeritus and a Senior Advisor on enCore's Technical Advisory Committee; enCore is Verdera's largest shareholder. Appointed Executive Chair of Verdera Energy Corp. effective 2 March 2026. Also Chairman of the board of Manhattan Uranium Discovery Corp., formed following the combination of Aero Energy, Urano Energy and Pegasus Resources (completed 7 May 2026), and Chairman of Predator Group.
Insiders, Investors & Smart Money
Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.
No producer or specialist backing and no institutional holders are on record, and the insider-transaction record shows only a stock-split adjustment and private-placement participation, with no open-market buying by any insider.
No notable insiders tracked for this miner yet.
Reports, Presentations & Documents
Manhattan Uranium Discovery, formerly Aero Energy, took its current name on 7 May 2026 after acquiring Urano Energy and Pegasus Resources. It holds a Colorado Plateau portfolio of 25 properties covering about 25,099 acres, including 15 past-producing mines and Pegasus's flagship Jupiter uranium project in Utah, plus exploration ground in Canada's Athabasca Basin. In June 2026 drilling of about 5,000m began at the Murmac uranium project in the Athabasca Basin, funded by Manhattan and operated by Fortune Bay under their option agreement. No current NI 43-101 resource has been confirmed on any of its properties.