- Business
- Kraken Energy Corp. acquires and explores mineral properties focused on high-grade uranium deposits in North America. The company holds a 100%-owned portfolio that includes the flagship Apex Uranium Property, comprising approximately 6,027 hectares in Lander County, Nevada, recognized as Nevada's largest past-producing uranium mine; the Garfield Hills Uranium Property under option for 100% interest; and additional projects such as Harts Point. Incorporated in 2011 and headquartered in Vancouver, Canada, Kraken Energy formerly operated as Ivor Exploration Inc. before changing its name in May 2022; it primarily targets uranium alongside silver, gold, copper, nickel, and molybdenum in the United States. In June 2025, Aero Energy Ltd. completes its acquisition of all Kraken shares, merging Kraken's U.S. uranium assets with Aero's Athabasca Basin projects in Saskatchewan to form a premier North American uranium developer.