Company Completes First Tranche of Non-Brokered Private Placement for Gross Proceeds of $473,300 Kraken Energy Corp. is pleased to announce that, further to its press release dated May 27th, 2024, the Company has closed the first tranche of its non-brokered private placement , issuing 5,258,890 units at a price of $0.09 per Unit for aggregate gross [...]
Kraken Energy Corp. is pleased to announce a non-brokered private placement of up to 11,200,000 units at a price of CDN$0.09 per Unit for gross proceeds of up to CDN$1,008,000 . Each Unit will consist of one common share of the Company and one half of one transferable common share purchase warrant . Each Warrant shall entitle the holder to acquire [...]
Strong Radon Anomalies Identified Near Historically Producing Lowboy Mine; Apex Drilling is Expected to Commence in Early Fall of 2024 Kraken Energy Corp. is pleased to report on recent results from radon sampling conducted on the Apex Uranium Property near the historic Lowboy Mine located in Lander County, Central Nevada, USA. "As we move closer [...]
Kraken Energy Corp. is pleased to announce that Kraken Energy President & CEO Matthew Schwab is scheduled to present at the 2024 Kinvestor Critical Minerals & Mining Virtual Conference on Tuesday, March 26th at 10:45 am PT . More details below. Kinvestor Critical Minerals & Mining 2024 is a virtual conference featuring a stellar lineup of [...]
Kraken Energy Corp. is pleased to report that the Company has mobilized for drilling at the Harts Point Uranium Property in San Juan County, Utah. The Phase I drilling program will explore the property and drill up to 1,000 meters from two drill pad locations over a 5-km strike length targeting the favorable uranium bearing Chinle Formation host [...]
Kraken Energy Corp. is pleased to report that the Company has received approval to resume their Phase I drill program at the Harts Point Uranium Property in Southern Utah. With a revised and approved exploration permit, the Company will drill the property from two pad locations over a 5 km strike length targeting the favorable uranium bearing [...]
Priority Drill Targets Significantly Expand the Mineralized Trend Along Strike from the Past-Producing High-Grade Uranium Apex Mine Kraken Energy Corp. is pleased to report that it has commenced the inaugural drill program at its 100%-owned, past-producing flagship Apex Uranium Property located in central Nevada. The 2,200-meter drilling program [...]
Kraken Energy Corp. is pleased to report that the Company has received permits to drill our 100%-owned, past-producing flagship Apex Uranium Property located in central Nevada. On August 28th, 2023, Kraken reported a significant expansion of the Apex Property on Nevada Bureau of Land Management ground that covers the potential northwest extension [...]
Kraken Energy Corp. is pleased to report that the ongoing radon survey conducted at its 100%-owned Apex Uranium Property in Central Nevada has successfully identified multiple additional priority drill targets located on Bureau of Land Management "BLM" ground west and along trend of the historic Apex Uranium Mine. Interpretation of the recently [...]
Kraken Energy Corp. is pleased to announce that Matthew Schwab, Kraken Energy CEO, is scheduled to present at the 2023 Kinvestor Days Virtual Conference on September 19th, 2023 at 10:30 am PT . More details below. This year's Kinvestor Days is a 2-day virtual conference featuring a stellar lineup of presenting companies in the mining and technology [...]
New claims along property-wide mineralized trend bring the Apex Property to a combined 14,892 acres of contiguous claims Kraken Energy Corp. announces that it has expanded its 100%-owned Apex Uranium Property in Central Nevada by 117 contiguous claims located on Bureau of Land Management ground along strike with a property-wide mineralized trend [...]
Kraken Energy Corp. announces that the Company has temporarily paused the Phase I drill program at the Harts Point Uranium Property at the request of the BLM. The Company anticipates being able to re-commence exploration at Harts Point shortly. The Company is and remains committed to keeping shareholders up to date with the latest developments as [...]