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Burnaby, British Columbia--(Newsfile Corp. - May 11, 2025) - Aether Catalyst Soluitons, Inc. (CSE: ATHR) ("Aether" or the "Company") is pleased to announce a non-brokered private placement of up to 16,000,000 units of the Company (each, a "Unit") at a price of $0.075 per Unit for aggregate gross proceeds of up to $1,200,000 (the "Offering"). Each Unit will consist of one common share in the capital of the Company (each, a "Share") and one-half of one common share purchase warrant (each whole warrant, a "Warrant"). Each Warrant will entitle the holder thereof to acquire one additional Share at an exercise price of $0.15 per Share for a period of 18 months from the closing date of the Offering.
The Offering is being completed pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 Prospectus Exemptions (the "LIFE Exemption"). Any securities issuable under the LIFE Exemption will not be subject to a hold period in accordance with applicable Canadian securities laws.
The Company may pay eligible finders (each, a "Finder") a cash commission equal to 8% of the gross proceeds raised from purchasers introduced by such Finders and/or issue to such Finders that number of non-transferable common share purchase warrants (each, a "Finder's Warrant") equal to 10% of the number of Units sold to purchasers introduced by such Finders. Each Finder's Warrant will entitle the holder thereof to acquire one Share at an exercise price of $0.075 per Share for a period of 18 months from the date of issuance.
Both the Warrants and the Finder's Warrants will be subject to acceleration such that if, during a period of 10 consecutive trading days prior to their respective expiry dates, the daily volume-weighted average trading price of the Shares on the Canadian Securities Exchange (the "CSE") or such other stock exchange where the majority of the trading volume occurs, exceeds $0.30 for each of those 10 consecutive days, the Company may, within 30 days of such an occurrence, give written notice to the holders of the Warrants and the Finder's Warrants that the securities will expire at 5:00 p.m. (Vancouver time) on the 30th day following the giving of notice unless exercised by the holders prior to such date. Any Warrants or Finder's Warrants which remain unexercised at 5:00 p.m. (Vancouver time) on the 30th day following the giving of such notice will expire at that time.
An offering document related to the Offering will be available under the Company's profile at www.sedarplus.ca and on the Company's website www.aethercatalyst.com. Prospective purchasers should read this offering document before making an investment decision.