Aero Energy and Fortune Bay Announce Commencement of Drilling at the Murmac Uranium Project

Vancouver, British Columbia--(Newsfile Corp. - September 26, 2025) - Aero Energy Ltd (TSXV: AERO) (OTC Pink: AAUGF) (FSE: UU3) ("Aero" or the "Company") is pleased to announce that summer drilling has commenced at its Murmac Uranium Project ("Murmac" or the "Project"), located in northern Saskatchewan near Uranium City. A limited suite of high priority targets has been selected for testing.

Exploration work at Murmac is being funded by Aero and is being operated by Fortune Bay Corp (TSXV: FOR) (FSE: 5QN) (OTCQB: FTBYF), under an Option Agreement that was executed on December 15, 2023.

Galen McNamara, interim CEO of Aero, commented, "This drilling program at Murmac targets high-potential uranium prospects in a proven uranium district. The selected targets are underpinned by robust geophysical anomalies that suggest significant potential for basement-hosted uranium mineralization. This approach allows us to test key targets along the Armbruster Conductor, positioning Aero for significant upside from potential uranium discoveries."

Drill Targets

Target selection has been based on airborne electromagnetic and ground gravity survey results, targeting features along buried basement-hosted conductive graphitic units at their intersection with known mineralized cross faults identified during historical and current prospecting activities, including spectrometer surveying and geochemical sampling. Drilling will focus on the northern end of the Armbruster Conductor, which the Company has not yet drill tested. This program has been planned at short notice to benefit from significant cost savings related to the presence of another exploration group in Uranium City carrying out a separate drill program using the same drill contractor. Shared mobilization and operational costs are allowing the Company to cost effectively test three selected high priority targets (Figure 1) in the summer window.

• A19: Low amplitude EM high target on a conductor inflection, with an associated diffuse gravity low anomaly. The targeted graphitic horizon underlies a small lake, at the location of an intersection of the Armbruster Conductor with a major conductor-parallel fault.
• A18: Low amplitude EM high feature coincident with a high priority gravity low target at a location where the Armbruster Conductor is apparently terminated by a cross-cutting mineralized fault.
• A9: A broad EM high anomaly on the edge of a conductor termination, with a small down-dip gravity low. This target is aimed a structural confluence of several known mineralized cross-faults with the Armbruster Conductor.