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Kraken Energy Corp. engages in the acquisition and exploration of mineral properties in Canada. It holds a 100% interest in the Ultimate property located in British Columbia; and an option to purchase a 100% interest in the Apex uranium project in Nevada. The company was formerly known as Ivor Exploration Inc. and changed its name to Kraken Energy Corp. in May 2022. Kraken Energy Corp. was incorporated in 2011 and is headquartered in Vancouver, Canada.