Aether Announces Close Of Private Placement
(TheNewswire)
Vancouver, British Columbia, September 29, 2025 –TheNewswire - Aether
Global Innovations Corp. AETH (Frankfurt: 4XA) (WKN# A2N8RH)
("Aether" or the "Company"), a leader in drone managementand automation, is pleased to announce that further to its newsrelease dated September 5, 2025, the Company has completed itspreviously announced non-brokered private placement (the"PrivatePlacement") ata price of $0.15per Unit for grossproceeds of $1,247,865.00. The Company issued anaggregate 8,319,100 Units (a “Unit”).
Each Unit consisted of one (1)common share in thecapital of the Company (a “Common Share”) and one-half (1/2) of onetransferrable common share purchase warrant. Each whole warrant entitles the holder to purchase one Share (a“Warrant Share”) at $0.25 per Warrant Share for a 24 month period fromthe closing of the Offering.
In connection with the Private Placement, the Companypaid an aggregate cash finder fee of $54,698.25 and issued anaggregate of 504,000 non-transferable finders’ warrants (each, a“Finder’s Warrant”). Each Finder’s Warrant entitles theholder to acquire one common share in the capital of the Company at aprice of $0.25 each for a period of 24 months from the date ofissuance, all in accordance with the policies of the CSE.
The Company intends to use the net proceeds raised fromthe Private Placement towards product acquisition which will allow theCompany to participate in strategic international Sales opportunities,along with general working capital requirements. Completion of thePrivate Placement is subject to certain conditions including, but notlimited to, receipt of all necessary approvals including the approvalof the Canadian Securities Exchange. Securitiesissued through the Private Placement will be subject to customaryrestrictions on resale for four months and a day from the date ofclosing.
About Aether
Aether Global Innovations Corp. (AETH) is an innovativeUAV drone management and operations services company that focuses onthree areas for critical infrastructure and large public and privatefacilities: (i) drone management and surveillance monitoring; (ii)automation and integration for flight planning, new, innovative sensorpayloads and stand-alone power sources; and (iii) drone base stationinfrastructure and technology for autonomous self-landing, powercharging, and take-off.
For more information, please consult the Company’sfilings, available at www.sedarplus.ca, and theCompany’s website, www.aethergic.com.
ON BEHALF OF THE BOARD OFDIRECTORS
Richard Unrau, CEO
Aether Global Innovations Corp.
(604) 428-7050
Forward-Looking Statements
This press release contains certainforward-looking statements within the meaning of applicable securitieslaws with respect to the Company, including statements respecting (i)the Private Placement and (ii) the expected use of proceeds from thePrivate Placement. These forward-looking statements generally areidentified by words such as “believe,” “project,” “aim,”“expect,” “anticipate,” “estimate,” “intend,”“strategy,” “future,” “opportunity,” “plan,”“may,” “should,” “will,” “would,” and similar expressions. Although theCompany believes that the expectations and assumptions on which suchforward-looking statements and information are based are reasonable,undue reliance should not be placed on the forward-looking statementsand information because the Company can give no assurance that theywill prove to be correct. Since forward-looking statements andinformation address future events and conditions, by their very naturethey involve inherent risks and uncertainties. Many factors couldcause actual future events to differ materially from theforward-looking statements in this press release. The forward-lookingstatements included in this news release are expressly qualified bythis cautionary statement. The forward-looking statements andinformation contained in this news release are made as of the datehereof and the Company undertakes no obligation to update publicly orrevise any forward-looking statements or information, whether as aresult of new information, future events or otherwise, unless sorequired by applicable laws.
The Canadian Securities Exchange hasnot reviewed this press release and does not accept responsibility forthe adequacy or accuracy of this news release.
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