# Manhattan Uranium (TSXV:MANU)

> Manhattan Uranium is focused on powering North America's energy independence through a strategic uranium portfolio that combines U.S.

## About

Manhattan Uranium is focused on powering North America's energy independence through a strategic uranium portfolio that combines U.S. Colorado Plateau assets with Nevada past production exposure and Athabasca exploration upside. The company aims to support the rebuild of U.S. uranium supply, aligning with policy momentum around uranium as a critical mineral and strategic energy resource. With a portfolio that includes multiple past-producing mines and extensive historical exploration data, Manhattan Uranium is positioned for growth and value creation in established mining jurisdictions.

## Key facts

- **Cash position:** Exact figure not available
- **Shares outstanding:** 110080518
- **Fully diluted shares:** 152767185
- **Warrants:** 34304148
- **Options:** 8382519
- **Projects:** ["# Apex Uranium Project\n\n## Nevada’s Top  **Historic Producer**\n\n**Past producing uranium mine:** Apex mine – producer of over half Nevada’s all-time Uranium output\n\n**Regionally high grades:** historic productionat ~0.25% U₃O₈; bulk samples reported up to 0.70%\n\n**Significant infrastructure:** 2,600 feet of underground development on three mining levels\n\n**High grade indications:** surface samples reported up to 1.00% U₃O₈; 3 km of uranium showings\n\n**Significant Historic Intercepts due for Follow Up:**\n\n- 34.1m of 0.37% U₃O₈ (HOLE 7A) 10\n- 15.2m of 0.51% U₃O₈ (HOLE 17) 11\n\n#### Drill Permits In-Hand for up to 7 drill pads\n\n## Multiple samples reported with **grades over 0.5% U₃O₈ and up to 3.19% and 6.0% U₃O₈**\n\n250-tonne bulk sample from Adit 2 assayed at **0.7% U₃O₈ or better¹**\n\n“New discovery” in Adit O assayed at up to **3.19% U₃O₈³**\n\nDrill hole ‘H’ averaged **1.33% U₃O₈ over 3 m;** similar values found in “each succeeding hole drilled westerly from this ‘H’ hole”¹\n\nGrab samples from “Diamond Pit” hilltop reportedly ran **1.00% U₃O₈; a 6.4 m** cut across the pit-face reportedly assayed **0.41% U₃O₈²**\n\n**Historic Drill Highlights**\n\n#### 15.2m of 0.51% U₃O₈\n\nHOLE 17⁴\n\n#### 14.0m of 0.49% U₃O₈\n\nHOLE 4A³re targets identified\n\n#### 17.7m of 0.36% U₃O₈\n\nHOLE H¹\n\n#### 3.1m of 1.33% U₃O₈\n\nHOLE H²\n\n#### 34.1m of 0.37% U₃O₈\n\nHOLE 7A³\n\n#### 25.6m of 0.23% U₃O₈\n\nHOLE E¹\n\n#### 10.4m of 0.27% U₃O₈\n\nHOLE D¹\n\n## Latest Apex News\n\n#### Manhattan Uranium Receives Approval of the Apex Project Plan of Operations Authorizing Drilling at Nevada’s Largest Historical Past Producing Uranium Mine\n\nMay 21, 2026\n\n#### Manhattan Uranium Discovery Corp. Highlights Premier Project Portfolio\n\nMay 14, 2026\n\n#### Manhattan Uranium Discovery Corp. Completes Transformational Acquisitions of Urano Energy and Pegasus Resources\n\nMay 7, 2026\n\n---\n\n# Strike Project\n\n## Hiding **in the Open**\n\n**Numerous uranium showings** at surface identified between 1950’s and 1980’s\n\n**14 targets identified to start** including 11 new targets and 3 follow ups ready for drilling with **more expected**\n\n**Shallow intersections** between **60 and 105 m below surface**\n\nFirst drilling of EM conductors by Fortune Bay Corp intersected **anomalous uranium in 3 of 9 holes**\n\n**Unconformity-Style mineralization confirmed** at the Tena Zone with 1,000 tons mined in the 1950’s at **reported grades of 0.6 to 3.5% U₃O₈**\n\n**Why Saskatchewan?**\n\nThe Athabasca Basin is home to the **largest and highest-grade uranium deposits in the world**\n\n**Over 900MM lbs of U₃O₈ produced ¹**\n\n**Known resources of 1.34 billion pounds U₃O₈ ¹**\n\n#### Highest Uranium Grades in the World by Country ¹\n\n## concept confirmed\n\n**Initial 1,000 m planned in 5 holes** to start with an average depth of 200 m\n\n**14 targets identified to start including** 11 new targets and 3 follow ups ready for drilling with **more expected**\n\n**New** basement-style uranium mineralization **discovered in 3 of 9 holes and exploration model validated**\n\n**Shallow intersections** between **60 and 105 m below surface**\n\n**The right rocks** with graphitic units and alteration **intersected in all 9 holes**\n\n## Technical Report\n\n**Technical Report 43-101**\n\nEffective Date: Febuary 7, 2024\n\n---\n\n# Murmac Project\n\n## Overlooked and **Underexplored**\n\nDozens of uranium showings at surface **with** **2024 Discovery Hole of 8.4m of 0.3% U₃O₈** **incl. 1.2m of 1.79% U₃O₈** (M24-017)\n\nMultiple conductor trends with 50+km of strike that is **largely unexplored for basement-hosted vein deposits like Arrow and Triple R**\n\n**Several radioactive ground water springs up to 15,000 counts per second** above untested or poorly tested EM conductors\n\nShallow uranium intersections between **20m and 150 m below surface**\n\n#### Fully Funded\n\n# 5,000m\n\n**25 DRILL HOLE PROGRAM HAS COMMENCED**\n\nHistorical results have not been verified and there is a risk that any future confirmation work and exploration may produce results that substantially differ from the historical results. The Company considers these results relevant to assess the mineralization and economic potential of the property. Mineralization hosted on adjacent and/or nearby and/or geologically similar properties is not necessarily indicative of mineralization hosted on the Company’s property.\n\n## Why Saskatchewan?\n\nThe Athabasca Basin is home to the **largest and highest-grade uranium deposits in the world**\n\n**Over 900MM lbs of U₃O₈ produced ¹**\n\n**Known resources of 1.34 billion pounds U₃O₈ ¹**\n\n#### Highest Uranium Grades in the World by Country ¹\nd\n\n## concept confirmed\n\n**Follow-up 4,000 m planned in 20 holes** to start with an average depth of 200 m\n\n**45 targets identified to start including** 28 new targets and 17 follow ups ready for drilling with **more expected**\n\n**High grade boulder assayed 8.82% U₃O₈** from the Armbruster Trend provides **compelling support for high-grade basement-hosted mineralization on the project**\n\nNaturally occurring **radioactive springs measuring 3,000 to 15,000 counts per second** on handheld scintillometer provide additional exploration vectors\n\n**Multiple new targets expected** as exploration advances and geophysical surveys are complete\n\n## Technical Report\n\n**Technical Report 43-101**\n\nEffective Date: Febuary 7, 2024\n\n---\n\n# La Sal District\n\nSan Juan County, Utah, USA\n\n## A Premier Uranium-Vanadium District   in the Colorado Plateau\n\n### DISTRICT HIGHLIGHTS\n\n**Ranked #4 in Utah for established unmined uranium resources** and recognized as one of the state’s most prolific uranium-producing districts¹\n\n**Approximately 6.0 million lbs U₃O₈ produced at an average grade of 0.35% U₃O₈,** demonstrating a proven high-grade uranium system¹\n\n**More than 32.5 million lbs V₂O₅ produced,** making  tLa Sal Utah’s leading vanadium-producing district¹\n\n**Portfolio includes the **advanced East La Sal Project** and the **exploration-stage West La Sal**\n\n**Located adjacent to active and historic uranium mining operations**, including Energy Fuels' Pandora Mine and the Historic Bandit and Sunset mines.²\n\n- [East & West La Sal Projects](https://manhattanuranium.com/la-sal-district/#)\n\n## EAST & WEST LA SAL\n\nThe East and West La Sal Projects comprise 52 claims covering approximately 2,150 acres along the prospective extension of the La Sal Mineral Belt. Located within one of the highest-grade Salt Wash uranium-vanadium districts on the Colorado Plateau(1), the projects benefit from proximity to active mining operations, extensive historical datasets, and multiple opportunities to test mineralization along trend from known deposits.\n\n#### Strategic land position\n\nControls 52 claims covering approximately 2,150 acres along the projected extension of the La Sal Mineral Belt, a district that has produced more than 7 million pounds of uranium and over 30 million pounds of vanadium.¹\nd\n\n#### Historic mine exposure\n\nThe West La Sal Property encompasses the historic Bandit and Sunset Mines, which were previously operated by Union Carbide and provide direct evidence of mineralization within the project area.²\nd\n\n#### Extensive historical database\n\nThe Company has access to detailed mine maps, drill records, resource calculations, and technical reports compiled by Union Carbide, Mineral Reserve Corporation, Cotter Corporation, and General Electric.\n\n#### Active mining corridor\n\nLocated within the same mineralized channel that hosts the La Sal Mines Complex, where the Pandora, La Sal, and Beaver mines are currently in production.²\nd\n\n#### Established infrastructure\n\nExcellent regional infrastructure includes nearby powerlines, access roads, an experienced workforce, and Highway 46, which bisects the West La Sal Property.\n\n#### Expansion potential\n\nHistorical mapping identifies mineralization extending toward the Company’s property boundaries on both the east and west sides.(2) Data integration and verification will support future drilling designed to test extensions of known mineralized trends.\n\nHistorical mine maps, drill records, resource calculations, and technical reports referenced herein were prepared by previous operators and have not been independently verified by Manhattan Uranium. Such information is considered relevant for exploration purposes but should not be relied upon as an indication of future performance or the economic viability of the property."]
- **Leadership:** William Sheriff (Chairman, Uranium industry leader with over 40 years of experience across the minerals and securities industries, including significant capital raises, M&A and corporate development. Executive Chair/Founder of enCore Energy, former Co-founder and Chairman of Energy Metals, acquired by Uranium One in a US$1.8 billion transaction.), Galen McNamara (CEO & Director, Mining executive, entrepreneur and professional geologist with 20 years of discovery and capital markets experience across uranium exploration, project advancement and public markets. Former Senior Project Manager at NexGen Energy, Co-founder of Silver47 Exploration Corp.), spencer maclean (president, Capital markets professional with over a decade of experience spanning equity and debt financings, M&A, and corporate strategy, with a focus on junior mining and natural resources.), Garrett Ainsworth (Director, Accomplished geologist and mining executive with 20+ years of experience, recognized for significant mineral discoveries and more than $300M raised throughout his career. Formerly VP Exploration & Development at NexGen Energy and VP Exploration at Alpha Minerals.), John Hamrick (Director, Metallurgical engineer with 40+ years of experience in uranium, copper and tungsten milling, with expertise in metallurgy, permitting, EHS and process optimization. Former senior leader with Umetco Minerals Corporation, Energy Metals Corp. and Cotter Corporation.), Grace Marosits (director, Chartered Professional Accountant with 20+ years of management experience across public-company reporting, governance, controls and compliance. Former CFO of NexGen Energy Ltd.), Carson Halliday (CFO, Finance professional with more than a decade of experience in financial reporting, public-company advisory and compliance, primarily across the mining sector. CFO of Manhattan Uranium Discovery Corp.), Douglas Underhill (chief geologist, Consulting economic geologist and internationally recognized uranium expert with 50+ years of global discovery and exploration experience, including 40+ years focused on uranium. Formerly served as Chief Geologist at enCore Energy Corp.)

_Verified data last updated: 2026-08-14_

## Recent filings

- 2026-08-13 — press_release — [manu_2026-08-13_11-38-03.pdf](https://ai-chat-dev-red.vercel.app/manu/preview/114198?documentId=114198)
- 2026-07-23 — press_release — [manu_2026-07-23_10-32-00.pdf](https://ai-chat-dev-red.vercel.app/manu/preview/100905?documentId=100905)
- 2026-06-18 — press_release — [manu_2026-06-18_12-12-28.pdf](https://ai-chat-dev-red.vercel.app/manu/preview/100906?documentId=100906)
- 2026-06-16 — press_release — [manu_2026-06-16_10-23-01.pdf](https://ai-chat-dev-red.vercel.app/manu/preview/100907?documentId=100907)
- 2026-06-04 — press_release — [manu_2026-06-04_10-10-04.pdf](https://ai-chat-dev-red.vercel.app/manu/preview/100908?documentId=100908)
- 2026-05-25 — material_change — [manu_2026-05-25_16-57-12.pdf](https://ai-chat-dev-red.vercel.app/manu/preview/100909?documentId=100909)
- 2026-05-21 — press_release — [manu_2026-05-21_10-47-21.pdf](https://ai-chat-dev-red.vercel.app/manu/preview/100910?documentId=100910)
- 2026-05-20 — financials — [manu_2026-05-20_18-29-36.pdf](https://ai-chat-dev-red.vercel.app/manu/preview/100911?documentId=100911)

## Investor FAQ

### [Latest News?](https://ai-chat-dev-red.vercel.app/manu/faq/latest-news)

The latest news from Manhattan Uranium includes the approval of the Apex Project Plan of Operations authorizing drilling at Nevada’s largest historical past producing uranium mine, announced on May 21, 2026. Additionally, the company highlighted its premier project portfolio on May 14, 2026, and completed transformational acquisitions of Urano Energy and Pegasus Resources on May 7, 2026.

### [Projects Overview](https://ai-chat-dev-red.vercel.app/manu/faq/projects-overview)

Manhattan Uranium's projects include the Apex Uranium Project, a past producing mine in Nevada with significant infrastructure and high-grade indications. The Strike Project in Saskatchewan features numerous uranium showings and targets for drilling, while the Murmac Project is focused on underexplored areas with historical results indicating high-grade potential. The La Sal District in Utah is recognized for its established uranium resources and proximity to active mining operations.

## Live AI chat

- https://ai-chat-dev-red.vercel.app/manu/chat
- Investor website: https://manhattanuranium.com/
