Aero Energy Announces $2.5M Non-Brokered Private Placement
Aero Energy (TSXV: AERO) (OTC Pink: AAUGF) has announced a non-brokered private placement to raise $2,500,000. The offering includes three types of units: non-flow-through (NFT) units at $0.07, flow-through (FT) units at $0.08, and flow-through charity units at $0.1075. Each unit comprises one share and half a warrant, with each whole warrant allowing the purchase of one share at $0.11 for two years.
Proceeds from FT and Charity units will fund work programs on the company's Murmac, Strike, and Sun Dog Properties in Saskatchewan's Athabasca Basin. NFT unit proceeds will be used for general working capital. Eventus Capital Corp. will act as a finder. The offering is subject to regulatory approvals, including TSX Venture Exchange approval. Securities will have a four-month and one-day hold period from issuance.
Aero Energy (TSXV: AERO) (OTC Pink: AAUGF) ha annunciato un collocamento privato senza intermediazione per raccogliere 2.500.000 dollari. L'offerta include tre tipi di unità: unità non fluide (NFT) a 0,07 dollari, unità fluide (FT) a 0,08 dollari e unità fluide benefiche a 0,1075 dollari. Ogni unità consiste in un'azione e mezzo warrant, con ogni warrant intero che consente l'acquisto di un'azione a 0,11 dollari per due anni.
I proventi delle unità FT e Charity finanzieranno i programmi di lavoro sulle proprietà Murmac, Strike e Sun Dog della società nel bacino di Athabasca in Saskatchewan. I proventi delle unità NFT saranno utilizzati per capitale circolante generale. Eventus Capital Corp. agirà come trovatori. L'offerta è soggetta ad approvazioni regolatorie, inclusa l'approvazione della Borsa di Toronto. I titoli avranno un periodo di bloccaggio di quattro mesi e un giorno dall'emissione.
Aero Energy (TSXV: AERO) (OTC Pink: AAUGF) ha anunciado un colocación privada sin intermediarios para recaudar 2.500.000 dólares. La oferta incluye tres tipos de unidades: unidades no fluibles (NFT) a 0,07 dólares, unidades fluibles (FT) a 0,08 dólares y unidades benéficas fluibles a 0,1075 dólares. Cada unidad consta de una acción y media opción, con cada opción completa permitiendo la compra de una acción a 0,11 dólares durante dos años.
Los ingresos de las unidades FT y Charity financiarán los programas de trabajo en las proiedades Murmac, Strike y Sun Dog de la empresa en la cuenca de Athabasca en Saskatchewan. Los ingresos de las unidades NFT se utilizarán para capital de trabajo general. Eventus Capital Corp. actuará como buscador. La oferta está sujeta a aprobaciones regulatorias, incluida la aprobación de la Bolsa de Valores de Toronto. Los valores tendrán un período de retención de cuatro meses y un día desde la emisión.
Aero Energy (TSXV: AERO) (OTC Pink: AAUGF)는 중개인 없는 사모 배정을 통해 250만 달러를 모집한다고 발표했습니다. 이 제안은 세 가지 유형의 유닛을 포함합니다: 비유동성 유닛(NFT) 0.07달러, 유동성 유닛(FT) 0.08달러, 유동성 자선 유닛 0.1075달러입니다. 각 유닛은 하나의 주식과 반 개의 워런트로 구성되어 있으며, 전량 워런트는 0.11달러에 두 년 동안 하나의 주식을 구매할 수 있게 합니다.
FT 및 Charity 유닛의 수익은 Murmac, Strike 및 Sun Dog Properties에서 회사의 작업 프로그램 자금에 사용됩니다. NFT 유닛의 수익은 일반 운영 자금으로 사용됩니다. Eventus Capital Corp.는 파인더 역할을 합니다. 본 제안은 규제 승인, 특히 TSX 벤처 거래소의 승인을 조건으로 합니다. 증권은 발행일로부터 4개월 1일의 보유 기간이 있습니다.
Aero Energy (TSXV: AERO) (OTC Pink: AAUGF) a annoncé un placement privé sans courtier pour lever 2 500 000 dollars. L'offre comprend trois types d'unités : des unités non fluides (NFT) à 0,07 dollar, des unités fluides (FT) à 0,08 dollar et des unités caritatives fluides à 0,1075 dollar. Chaque unité se compose d'une action et d'un demi-bond, chaque bon entier permettant l'achat d'une action à 0,11 dollar pendant deux ans.
Les produits des unités FT et Charity financeront des programmes de travail sur les propriétés Murmac, Strike et Sun Dog de la société dans le bassin d'Athabasca en Saskatchewan. Les produits des unités NFT seront utilisés pour le fonds de roulement général. Eventus Capital Corp. agira en tant que chercheur. L'offre est soumise à des approbations réglementaires, y compris l'approbation de la Bourse de Toronto. Les titres auront une période de blocage de quatre mois et un jour à partir de l'émission.
Aero Energy (TSXV: AERO) (OTC Pink: AAUGF) hat eine nicht vermittelte Privatplatzierung zur Beschaffung von 2.500.000 Dollar angekündigt. Das Angebot umfasst drei Arten von Einheiten: nicht-flüssige (NFT) Einheiten zu 0,07 Dollar, flüssige (FT) Einheiten zu 0,08 Dollar und flüssige Charity-Einheiten zu 0,1075 Dollar. Jede Einheit besteht aus einer Aktie und einem halben Warrant, wobei jeder ganze Warrant den Kauf einer Aktie zu 0,11 Dollar für zwei Jahre ermöglicht.
Die Erträge aus FT- und Charity-Einheiten werden Programme auf den Murmac, Strike und Sun Dog Properties des Unternehmens im Athabasca-Becken in Saskatchewan finanzieren. Die Einnahmen aus NFT-Einheiten werden für allgemeines Betriebskapital verwendet. Eventus Capital Corp. wird als Finder fungieren. Das Angebot unterliegt regulatorischen Genehmigungen, einschließlich der Genehmigung der TSX Venture Exchange. Die Wertpapiere haben eine Haltedauer von vier Monaten und einem Tag ab der Emission.
- Raising $2,500,000 through private placement
- Funds allocated for work programs on key properties
- Offering includes flow-through units, potentially providing tax benefits to investors
- Potential dilution of existing shareholders due to new share issuance
- Subject to regulatory approvals, which may delay or prevent completion
Vancouver, British Columbia--(Newsfile Corp. - October 16, 2024) - Aero Energy Limited (TSXV: AERO) (OTC Pink: AAUGF) (FSE: UU3) ("Aero" or the "Company") announces a non-brokered private placement of (i) non-flow-through units (the "NFT Units") to be sold at a price of
Each NFT Unit will be comprised of one non-flow-through common share (a "Share") and one-half of one share purchase warrant (a "Warrant"). Each FT Unit and Charity Unit will be comprised of one flow-through common share and one-half of one Warrant. The Warrants will have the same terms, with each whole Warrant entitling the holder thereof to purchase one Share for a period of two years at a price of
The gross proceeds received from the sale of the FT Units and the Charity Units will be used for work programs on the Company's Murmac, Strike and Sun Dog Properties, all located along the northwestern margin of the Athabasca Basin of Saskatchewan. The net proceeds received from the sale of the NFT Units will be used for general working capital.
Eventus Capital Corp. will act as a finder in connection with the Offering. All securities issued and sold under the Offering will be subject to a hold period expiring four months and one day from their date of issuance. Completion of the Offering and the payment of finders' fees remain subject to the receipt of all necessary regulatory approvals, including the approval of the TSX Venture Exchange.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States of America. The securities have not been and will not be registered under the United States Securities Act of 1933 (the "1933 Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons (as defined in the 1933 Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration is available.
About Aero Energy Limited
Aero Energy is a mineral exploration and development company advancing a district-scale 250,000-acre land package in the historic Uranium City district within Saskatchewan's Athabasca Basin. Aero is focused on uncovering high-grade uranium deposits across its flagship Optioned Properties - Sun Dog, Strike, and Murmac - in addition to its fully owned properties. Aero is led by an award winning technical team for the discoveries along the prolific Patterson Corridor that include the Gryphon, Arrow and Triple-R deposits. With significant investment and the application of modern exploration techniques, the Company has identified over 50 shallow drill-ready targets and a 125 kms of target horizon on the frontier north rim of the Athabasca Basin. Aero Energy is tapping into the basin's emerging potential for high-grade, unconformity-style mineralization.
On Behalf of the Board of Directors
"Galen McNamara"
Galen McNamara, Chief Executive Officer
Further information on the Company can be found on the Company's website at aeroenergy.ca and at www.sedarplus.ca, or by contacting the Company by email at info@aeroenergy.ca.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. These statements relate to future events or future performance and include expectations regarding the Offering. All statements other than statements of historical fact may be forward-looking statements or information. Forward-looking statements and information are often, but not always, identified by the use of words such as "appear", "seek", "anticipate", "plan", "continue", "estimate", "approximate", "expect", "may", "will", "project", "predict", "potential", "targeting", "intend", "could", "might", "should", "believe", "would" and similar expressions. Forward-looking statements and information are provided for the purpose of providing information about the current expectations and plans of management of the Company relating to the future. Readers are cautioned that reliance on such statements and information may not be appropriate for other purposes, such as making investment decisions. Since forward-looking statements and information address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. Accordingly, readers should not place undue reliance on the forward-looking statements, timelines and information contained in this news release. Forward-looking information are based on management of the parties' reasonable assumptions, estimates, expectations, analyses and opinions, which are based on such management's experience and perception of trends, current conditions and expected developments, and other factors that management believes are relevant and reasonable in the circumstances, but which may prove to be incorrect.
The Company undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management's best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/226852
FAQ
What is the purpose of Aero Energy's $2.5M private placement?
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