URANIUM EXPLORATION & DEVELOPMENT IN THE USA
CSE: UUSA | OTC: UUSAF
Multiple High-Grade Uranium
Projects Underway in Nevada & Utah
Kraken Energy Corp. (CSE: UUSA)(OTC: UUSAF) is a small-cap uranium exploration and development company focused on advancing its portfolio of 4 high-potential uranium projects in the western United States with the longer-term aim of building out an eventual hub-and-spoke mining model for domestic uranium production in the US.
One of Kraken’s key projects, and the original flagship property, is the Apex Uranium Project — Nevada’s largest past-producing uranium mine.
The project produced uranium at an average historical production grade of approximately 0.25% U3O8. Drill permitting is now underway concurrently for both Bureau of Land Management (BLM) and United States Forest Service (USFS) portions of the property.
Kraken hopes to be drilling on BLM land in late 2023 and has plans for drilling on USFS land in mid-2024.
With news flow picking up across Kraken’s impressive project portfolio, let’s start with a brief overview of all 4 of the company’s US uranium exploration properties.
Project Snapshot - Focus on Drilling:
Kraken Energy is focused on boots-on-the-ground exploration at its portfolio of US-based uranium properties as part of the ongoing revitalization of America’s once dominant uranium production sector.
Apex Uranium Project, Nevada (100%-owned): Located 280 km east of Reno, Nevada, the flagship Apex project spans 6,027 hectares and includes the Apex Uranium Mine — Nevada’s largest past-producing uranium mine. The Apex Mine produced 50% of the historical uranium output for the state of Nevada; ~106,000 lbs at an average grade of 0.25% U3O8.
Harts Point Uranium Project, Utah (Option to Acquire Up to 75%): Located in San Juan County, southwest Utah, the Harts Point project spans 2,622 hectares of BLM land within the well-known Chinle Formation in the Colorado Plateau, often referred to as the “US version of Canada’s Athabasca Basin.” The project sits just 64 km north of the White Mesa Uranium Mill, the only fully licensed and operating conventional uranium mill in the US. The company plans to drill up to 20 exploration drill holes in 2023.
Huber Hills Uranium Project, Nevada (100%-owned): Located in Elko County, Nevada, the newly-staked Huber Hills project spans 1,044 hectares and encompass the historical Race Track open pit mine — once Elko County’s largest uranium producer at ~10,000 lbs at an average grade of 0.24% U3O8. The Kraken team expects to have the drills turning at the project in mid-2024.
Garfield Hills Uranium Project, Nevada (Option to Acquire 100%): Located in Mineral County, Nevada, the Garfield Hills project spans 1,268 hectares and includes a historical open pit mine. Kraken just wrapped up a Phase-1, 1,700-meter drill program at the project; management believes results received to date are an early indicator of a potential new high-grade uranium system.
Kraken Energy is led by CEO Matthew Schwab who is a former senior exploration geologist for C$2.4B NexGen Energy Ltd. where he was instrumental in the discovery of the world-class Arrow uranium deposit in 2014.
He is joined by chairman Garrett Ainsworth who also brings a wealth of experience with majors having served as VP Exploration for NexGen Energy. Mr. Ainsworth took a lead role in the discovery of the Patterson Lake South high-grade uranium boulder field and the drill discovery of the world-class Triple R uranium deposit.
The top-tier team also includes VP Exploration Zachery Hibdon and senior geologist Madeline Berry — each of whom brings a unique and complementary skillset in mineral exploration and development to Kraken Energy.
Together, the Kraken team is laser focused on advancing its portfolio of US-based uranium exploration projects in a rising uranium market to the benefit of UUSA / UUSAF shareholders.
Uranium Bull Market Underway in ‘23
There’s a major positive shift happening in the global nuclear energy market.
The world is quickly realizing that lofty climate goals will be impossible to meet without clean-burning, carbon-emission-free nuclear energy being an integral part of the clean-energy mix.
That fact is adding escalating pressure on an already constrained global uranium supply.
With uranium, what we arrive at is a market that’s consuming close to 200 million pounds of yellowcake annually — yet producing only around 135 million pounds.
That equates to a 65-million-pound structural deficit this year… which, when compounded over the next seven or so years to the end of the current decade, balloons to a jaw-dropping 400-million-plus pounds.
That’s a staggeringly large deficit… and it underpins the escalating need for new domestic uranium sources reaching the supply chain.
And it’s really only the start.
On the demand side, we have Japan looking to restart 40 of its reactors. The island nation is also seeking ways to safely extend the plant-life of its existing reactor fleet from 40 to 60 years.
China just approved the construction of six new nuclear reactors across three provinces with plans to build 150 new reactors over the next 15 years as part of their newly-enhanced decarbonization mandate.
Europe, India, and South Korea have also joined the fray and are now fully onboard with a cleaner energy future that will require vast amounts of uranium, or U3O8.
Here at home, TerraPower is currently constructing a US$4B nuclear power plant in Wyoming that’ll use an all-new blend of enriched uranium.
Once completed, it is expected to generate efficient, low-cost, clean energy while utilizing enhanced safety standards that greatly reduce the risk of accident — even on par with wind power plants.
And just a few months ago, NuScale became the first company to be granted approval by the US government on small modular reactor (SMR) design with the US Nuclear Regulatory Commission giving it the green light.
Put plainly, increased uranium demand is coming from ALL angles. And that includes a new contracting cycle that’s just now getting underway with major utilities entering the market to secure their next long-term U3O8 contracts.
The Inflation Reduction Act of 2022 also provides funding for US nuclear power projects, including a tax credit for electricity produced at qualified nuclear power facilities.
Next, you have to look at the precariousness of the global uranium supply to really get the full picture.
Kazakhstan — a former soviet republic and the world’s largest uranium producer — produces roughly 40% of global supply. Last year, as you may recall, the country erupted into what’s now known as ‘Bloody January’ wherein over 225 people were killed in a government crackdown on nationwide protests.
Cameco, which owns 40% of the giant Inkai uranium mine in Kazakhstan, had this to say:
“As 40% of the world's uranium supply, any disruption in Kazakhstan could of course be a significant catalyst in the uranium market. If nothing else, it's a reminder for utilities that an over-reliance on any one source of supply is risky. It also reinforces the shift in risk from suppliers to utilities that has occurred in this market.”
It’s that type of geopolitical chaos that’s leading to increased energy insecurity around the world as supply comes under increasing pressure, particularly in the global uranium market.
Supply is being further constrained by companies seizing on the opportunity to purchase massive amounts of drummed uranium in the spot market with Sprott Inc. acquiring some 55M lbs over the last couple of years — and with others like Yellowcake PLC and Uranium Energy Corporation following suit.
As a result, uranium inventories are continuing to shrink, most notably from 3.5 years of supply to around 2 years of supply right here in the United States.
We also talked about restarts and lifespan extensions on reactors… and it’s not just Japan that’s going down that road.
In California, steps are underway to potentially extend the life of the Diablo Canyon reactor for an additional 5 years from 2025 to 2030. The same exact thing is happening in countries such as Belgium, Finland, and Slovakia.
All of that is to say that any further disruptions to the global uranium supply chain could lead to a massive run on uranium spot prices — just like what we saw back in 2006-07 when uranium soared to US$140 per pound upon the flooding of Cameco’s Cigar Lake uranium mine.
That upsurge caused the share prices of select uranium mining companies to literally go through the roof… resulting in life-changing gains for well-timed investors.
We’re currently right around US$65 per pound U3O8. A couple of years ago, uranium prices were languishing at the US$30/lb level. So the uptrend is undoubtedly underway.
With geopolitical upheaval at an all-time high in key uranium producing countries, including Russia (which, at any time, could have its uranium exports sanctioned by the United States), the writing’s clearly on the wall for higher uranium prices going forward.
It also underpins the need for increased domestic uranium production from places like Nevada and Utah.
The US Department of Energy is now authorized to spend up to US$150 million over the next 10 years to purchase and store uranium for the Strategic US Uranium Reserve.
The agency has stated that it will purchase uranium from domestic suppliers at fair market value and that the reserve will be managed in a manner that minimizes market disruptions and does not distort competition.
Kraken Energy could eventually become a key supplier to the strategic uranium reserve if it is able to bring one or more of its advanced brownfield uranium projects to production via its stated hub-and-spoke strategy in the western United States.
Importantly, from an investor standpoint, we haven’t seen that really big move in the uranium spot price — just yet!
It could end up being a steady climb toward US$100/lb or we might get that giant spike similar to what we witnessed back in 2006-07.
Either way, it’s still early innings in the current uranium uptrend, which means now is an opportune time for resource investors to begin positioning for what could be some of the largest sector gains we’ve seen in nearly two decades.
Project Portfolio: New Acquisition in Utah + Focus on Building a Hub-and-Spoke Mining Model in the Western United States
Kraken Energy is advancing three brownfield uranium exploration projects in Nevada, plus a newly-acquired project in Utah, with the longer-term aim of building out an eventual hub-and-spoke mining model in the western United States.
Apex Uranium Project, Nevada
Located 280 km east of Reno, Nevada, the flagship, 100%-owned (and newly expanded) Apex project spans 6,027 hectares and includes the Apex Uranium Mine — Nevada’s largest past-producing uranium mine.
The Apex Mine produced 50% of the historical uranium output for the state of Nevada; ~106,000 lbs at an average grade of 0.25% U3O8.
Importantly, the property has seen zero modern exploration, which means the Kraken Energy team is the first mining company to conduct exploration at Apex through the lens of modern mining and all of the technologies that come with it.
The potential is clearly there. In a Nevada Bureau of Mines historical file, geologist Harry H. Hughes had this to say about the Apex Mine during its heyday:
“It’s not just a uranium mine, it’s THE uranium mine in continental United States. Orebodies in this Austin (Apex) property show width, massiveness and consistency… that I have not seen in any other continental U.S. uranium mine.”
Kraken Energy recently completed a soil sampling program at Apex to evaluate the surface extension of mineralization and the correlation of uranium with gold, silver, nickel, and copper.
A total of 987 samples were collected over an area of approximately 1 km by 0.6 km with 91 samples returning results of 50 ppm U3O8 or greater plus anomalous precious and base metals values.
The company reports a strong correlation between the airborne radiometrics and the soil sample assay results at Apex.
In late-April 2023, Kraken announced results from its 669 line-km VTEM survey, which identified numerous conductive anomalies and magnetic highs associated with known uranium mineralization across the entire 14.5 km mineralized strike length of the property.
Those anomalies and magnetic highs have significantly upgraded the regional prospectivity of the Apex property and are providing the Kraken team with an enhanced understanding of the connectivity of the mineralization.
Additionally, and perhaps equally significant in terms of the overall potential of Apex, the VTEM survey produced a number of additional strong conductive anomalies between the Apex and Lowboy past-producing uranium mines.
With drill permitting underway, these new anomalies have moved right up the company’s priority list of targets warranting further exploration and drilling.
And keep in mind that these magnetic high signatures are also associated with the Apex and Lowboy historical uranium mines.
In other words, these newly identified targets could potentially be hiding something big underground… especially considering that the Apex mine — which sits at the northwest corner of the 14.5 km trend — was responsible for about half the historical U3O8 output from the entire state of Nevada.
Kraken Energy CEO Matthew Schwab — whom you’re about to hear from directly in our exclusive interview coming right up — commented via press release:
“As we continue to progress drill permitting at Apex, we are excited to explore the newly outlined targets on BLM ground immediately west of the historic Apex Uranium Mine. As we build on the work we’ve already completed, our team is very keen to be moving ahead with continued exploration plans at Apex.”
Exploration activities planned for Q4 2023 will include prospecting, ground surveys, and additional airborne magnetic surveys to further delineate primary targets and target depths at Apex.
As part of the ongoing permitting process, the company will be completing additional baseline studies to satisfy requests from the US Forest Service ahead of a planned inaugural drill program for the Apex property slated for early 2024.
And as noted, it’s more than just uranium mineralization the Kraken field team is targeting at Apex: historical results have produced silver grades as high as 7,300 grams per tonne (g/t) and gold grades up to 15 g/t.
Those exceptionally high precious metals grades should come as little surprise considering Nevada reigns as America’s premier gold and silver producing state.
Harts Point Uranium Project, Utah (Newest Acquisition):
On 23 May 2023, Kraken announced the execution of a definitive option agreement to acquire up to a 75% interest in the Harts Point uranium property in San Juan County, Utah, from Atomic Minerals Corporation (TSX-V: ATOM).
Kraken chairman Garrett Ainsworth commented via press release:
“We are very pleased to have executed the option agreement on Harts Point, which has strong potential to host a uranium deposit trend along the east flank of an anticline feature within the well-known Chinle Formation in the Colorado Plateau. Historical uranium mining to the east and west of Harts Point along with historic off-scale radioactivity in the Chinle Formation on Harts Point have significantly de-risked our upcoming drill program where the majority of permitting has already been completed.”
The highly accretive acquisition marks the company’s fourth uranium exploration project in the western United States and its first foray into the Colorado Plateau — a geologic formation often referred to as the “US version of Canada’s Athabasca Basin.”
As we’ve been discussing, Kraken’s ultimate aim is to build out a hub-and-spoke uranium mining model in the western US, connecting the newly-acquired Harts Point project to its three Nevada-based uranium exploration projects: Apex, Garfield Hills, and Huber Hills.
Kraken CEO Matthew Schwab added:
“Harts Point is perfectly situated for a discovery between previously producing operations to the east and west and has historic drilling that shows 'off-scale' radioactivity within the property. With the significant upside potential at Harts Point and drill permits in place, our team is now finalizing the remaining details to begin drilling on the property as soon as possible.”
The Harts Point property — which is fully permitted for drilling and sits on BLM land within the well-known Chinle Formation — is situated in the heart of the Colorado Plateau, which boasts nearly 330 million pounds of historical uranium production since the 1950s.
Of that nearly 330M lbs of historical uranium production, 80M lbs were produced from the Lisbon Valley Anticline, which lies just 30 km east of the company’s Harts Point property.
Historical production grades from the Lisbon formation ranged from 0.2% to 0.4% U3O8 and targeted the Chinle sandstone formation.
Several historical mines located 11 km west of the Harts Point property produced approximately 280,000 lbs U3O8 at 0.3% U3O8 from the favorable Chinle Formation host rock.
The Kraken team has identified the Harts Point and Lisbon Valley anticlines as geological analogs. And the newly acquired claim block actually includes three historical oil and gas wells, each of which has displayed off-scale radioactivity within the Chinle formation at roughly half the depth of the historical uranium production from Lisbon Valley.
The Harts Point project also sits just 64 km north of the only operating conventional uranium mill in the United States — the White Mesa Mill — yet another strategic advantage in terms of the company’s longer-term hub-and-spoke strategy.
As mentioned, the Harts Point project is planned to have up to 20 exploration drill holes drilled in 2023.
As operator, part of Kraken’s current and future exploration work at Harts Point will include verification of the historical data through drilling, which the company intends to start as soon as possible.
Garfield Hills Uranium Project, Nevada
Located in Mineral County, Nevada, the Garfield Hills project spans 1,268 hectares and includes a historical open pit mine.
Kraken Energy — which has an option to earn-in 100% of the Garfield Hills project — just wrapped up a Phase-1, 1,700-meter drill program across 11 completed holes at the property.
The drilling, which covered a surface area of 400 x 900 meters, confirmed historical drilling and extended the mineralization at the project.
Of the 11 completed holes, 7 holes encountered shallow, flat lying uranium mineralization.
Hole GH22-01: Intersected a broad 12.5-meter interval of 0.036% U3O8 starting from a depth of 23 meters.
Hole GH23-04: Returned 7.0 meters of 0.029% U3O8 from 17.5 meters.
Additionally, the Kraken team has announced that regional exploration and new soil sampling continues to encounter high-grade surface and soil samples of up to 1% U3O8 along strike to the east of Phase-1 drilling and up to 0.32% U3O8 to the west of Phase-1 drilling — identifying a mineralized trend of over 4 km in length.
Kraken Energy CEO Matthew Schwab commented on the drilling via press release:
“We are pleased with the initial results showing continuity of shallow, flat lying uranium mineralization over a large 400 m by 900 m area. These results confirm our geological model, and coupled with recent surface sampling over a 4 km strike length it furthers our confidence in Garfield Hills as the project continues to provide an exceptional exploration opportunity for our shareholders. We are eager to plan and execute a Phase II drilling program on the property in the coming year.”
Management believes results received to-date are an early indicator of a potential new high-grade uranium system at Garfield Hills. Below is a downhole radioactivity cross section from Phase-1 drilling showing those elevated values.
As noted, a forthcoming Phase-2 drill program is being planned to follow up on the successful results from Phase-1.
The Kraken team anticipates that follow-up drill program to commence later this calendar year.
Huber Hills Uranium Project, Nevada
Located in Elko County, Nevada, the newly-staked, 100%-owned Huber Hills project spans 1,044 hectares and encompasses the historical Race Track open pit mine, once Elko County’s largest uranium producer at ~10,000 lbs at an average grade of 0.24% U3O8.
The property is located near Mountain City, just north of California Creek, in an area where numerous well-known uranium occurrences were discovered and advanced during the uranium boom of the 1950s and 1960s.
Kraken CEO Matthew Schwab commented on the acquisition by way of press release:
“Huber Hills is a highly prospective land package that fits well with our strategy to acquire and explore high-grade, past-producing US-based uranium projects with the potential to feed a central milling facility as part of a hub and spoke model. We plan to approach this project with rapid and cost-efficient exploration activities, such as drone magnetics and radiometrics, geological mapping, and prospecting to confirm existing targets and outline new anomalies, followed by a drilling program targeted for H2 2023.”
The project is believed to cover the western portion of the Mountain West property (see below), which has a historical resource of 1.1 million pounds U3O8 with an average grade of 0.153% U3O8.
The claims also cover multiple historical uranium showings and molybdenum prospects, including the Autunite and October uranium showings.
Channel samples from the Race Track Mine in 2007 returned results of 0.149% and 0.102% U3O8.
The Kraken Energy team intends to have the drills turning at the Huber Hills project in mid-2024.
Speculators can anticipate robust news flow in 2023-24 as the company advances its projects with potential for drilling at all three uranium exploration projects this calendar year alone.
Exclusive Interview with
Kraken Energy CEO Matthew Schwab
Our own Gerardo Del Real of Resource Stock Digest and Junior Resource Monthly caught up with Kraken Energy president & CEO Matthew Schwab for a deep dive into the company’s exciting uranium exploration projects in Nevada, USA.
As noted earlier, Mr. Schwab is a former senior exploration geologist for C$2.4B NexGen Energy Ltd. where he was instrumental in the discovery of the world-class Arrow uranium deposit in 2014. He was also part of the development team at Hathor Exploration Ltd. when it was sold to Rio Tinto for C$650 million back in 2011.
With a wealth of experience in the resource sector, particularly in uranium exploration and development, Matthew has put together a top-tier group of industry professionals with the collective goal of advancing the company’s projects towards production to the benefit of UUSA / UUSAF shareholders. Please enjoy the conversation.
Gerardo Del Real: This is Gerardo Del Real with Resource Stock Digest. Joining me today is the CEO of Kraken Energy — Mr. Matthew Schwab. Matt, it’s great to have you back on. We were joking off-air a bit about having a uranium market. We've been patient but it looks like it is go-time.
With that being said, Kraken is positioned really, really well. You just had some drilling results that I wanted you to provide some context on. And I really, really thank you for your time today because I wanted to get an update just on what's to come because I think, much like the uranium space, Kraken has got an exciting second half of the year in store.
Matthew Schwab: Yeah, I fully agree with you. I'm really optimistic about the uranium space right now. We're seeing this steady climb in the spot price. And I think that's really because the world is finally starting to pay attention to the situation with uranium supply still dropping, demand still increasing, and really seeing that the current supply is being aggressively locked up by other nations around the world.
I do believe we're at that critical point now where energy security is finally coming to the forefront, and, honestly, new uranium production is the key factor in making that a reality. Right now, Kraken, like I said, we're moving ahead really aggressively. We're moving ahead nicely with our projects, highlighted by Harts Point and Garfield Hills, as I'm sure you've seen over the recent press releases.
We are very excited about Harts Point, and while we paused drilling in the short-term, our service providers remain engaged and ready to get back to drilling. Our permits remain in place, and we look forward to being back on the property soon.
On the point of Garfield Hills, we are honestly very excited about the combined results from our first season of exploration on the property. What we're looking at now is a confirmed extent of surface mineralization that spans almost four kilometers and includes soil samples over 1% U3O8.
Beyond that, our maiden drilling program has confirmed continuous near-surface mineralization over intervals up to 12.5 meters and starting as shallow as 2.0 meters depth. Overall, we’re very confident in moving forward with a Phase-2 drilling program on that project later this year.
I'd like to emphasize the importance of that sample that came back over 1%. In my entire career, on all of the projects and uranium deposits that I've worked on, I've never seen a soil sample come back in a non-glaciated area that resulted in 1% U3O8. So we're incredibly enthusiastic to move forward with more exploration on all of our projects through the rest of 2023.
I guess in summary, we're in a really good place. We're very well situated, and we're moving ahead quickly to progress our projects in both Nevada and Utah as quickly as possible.
Gerardo Del Real: That's a lot going on for a company with a market cap of what, today, Matt?
Matthew Schwab: I think we're sitting at about C$16 million today.
Gerardo Del Real: And how much of that is anchored by cash?
Matthew Schwab: We've got about C$5 million in the treasury right now so we're well financed for the upcoming exploration this year. And like I said, we're going to keep moving forward concurrently with all of our projects as aggressively as we possibly can.
Gerardo Del Real: You also recently expanded the project size at Apex.
Matthew Schwab: Yes, so after a long wait for our shareholders, we’ve finally received an official update from the US Forest Service, and we do expect to have permits in place for drilling that part of the Apex property in early 2024.
What they've asked for now is three additional baseline surveys; the first being a botany survey, which has already been completed. We expect to kick off the heritage survey in the coming month. And the final wildlife survey is planned for early 2024.
But alongside that, as you mentioned, we've continued to develop our understanding of the geology and the mineralization potential on the Apex property. And we recently staked an additional 2,400 acres on BLM ground immediately to the west of the historic Apex Mine.
So now, on that front, we've secured service providers to fly additional high resolution geophysical surveys that will tie into our existing datasets. We're moving ahead with additional surface radon surveying, and we expect to have our Draft Notice of Intent ready for submission to the BLM within two weeks.
So really, in summary, this path will give us the option, potentially, to move ahead with drilling at Apex in 2023 while we still continue to work with the US Forest Service on permitting the rest of the property.
Gerardo Del Real: Well, listen, there are a lot of catalysts. We finally got the market as we stated up top. I am looking forward to having you back on and looking forward to an exciting end to the year. Anything to add to that?
Matthew Schwab: No, I really just think everybody should be staying tuned for more news in the coming months. I really do think that the rest of the year is going to be very exciting for Kraken Energy.
Gerardo Del Real: Couldn't agree more. Thank you so much, sir. Appreciate it!
Matthew Schwab: Thank you, Gerardo.
Vancouver-based Kraken Energy Corp. (CSE: UUSA)(OTC: UUSAF) is advancing a portfolio of 4 high-potential uranium exploration projects in the western United States in a rising uranium market.
The company’s primary focus on past-producing “brownfield” uranium properties has the potential to significantly speed up the development process toward production as compared to greenfield projects where permitting and exploration essentially start from zero.
All four of Kraken Energy’s projects benefit from excellent road access and infrastructure, which lends well to the company’s strategy of fostering a hub-and-spoke mining model in the western United States as part of the revitalization of America’s domestic uranium mining sector.
You heard directly from Kraken Energy CEO Matthew Schwab. He says,
“I do believe we're at that critical point now where energy security is finally coming to the forefront, and, honestly, new uranium production is the key factor in making that a reality. Right now, Kraken, like I said, we're moving ahead really aggressively. We're moving ahead nicely with our projects…”
In other words, plenty of near-term catalysts ahead for Kraken Energy, including forthcoming drilling at multiple projects, with which to potentially move the needle higher.
The Kraken team is also continually on the lookout for additional accretive uranium property acquisitions to add to its already robust property portfolio. We saw that most recently with the Harts Point acquisition in Utah.
With ~C$5 million in the treasury and a market cap well below C$20 million at the time of the production of this Special Report, Kraken Energy is well-funded to carry out its near-term exploration and acquisition objectives.
In other words, now is an ideal time to begin conducting your own due diligence on Kraken Energy (UUSA / UUSAF) as it advances multiple uranium exploration projects in the western United States.
A great place to start is the UUSA corporate website where you can learn more about the properties and the team, view the 2023 corporate presentation, and sign up to receive updates directly from the company’s IR department.
Also, click here for more of our ongoing coverage of Kraken Energy, including additional late-breaking interviews with upper management as developments arise.
Kraken Energy Corp. trades on the Canadian Securities Exchange under the symbol UUSA and on the US OTC Bulletin Board Exchange under the symbol UUSAF.
For more information on Vancouver-based Kraken Energy, be sure to contact the company’s IR department at 604-684-6730 or via email at email@example.com.
— Resource Stock Digest ResearchClick here to see more from Kraken Energy