On Monday 10 20, 2025 at 8:00AM ET Aeonian Resources Announces Private Placement
On Monday 10 20, 2025 at 8:00AM ET
Aeonian Resources Announces Private Placement
VANCOUVER, BC / ACCESS Newswire / October 20, 2025 / Aeonian Resources Ltd. ("Aeonian" or the "Company") is
pleased to announce that it intends to complete a non-brokered private placement financing (the "Offering") of up to 30,000,000
flow through units ("FT Units") at a price of $0.05 per share and up to 12,500,000 non-flow through units ("NFT Units") at a
price of $0.04 per unit for gross proceeds of up to $2,000,000. Terms of this private placement are subject to TSX Venture
Exchange approval.
Each NFT Unit shall consist of one common share in the authorized share structure of the Company ("NFT Share") and one
common share purchase warrant ("NFT Warrant"). Each NFT Warrant will entitle the holder thereof to purchase one common
share at an exercise price of $0.07 for a period of 24 months from the date of issuance.
Each FT Unit shall consist of one common share in the authorized share structure of the Company ("FT Share") and one half of
one common share purchase warrant ("NFT Warrant"). Each NFT Warrant will entitle the holder thereof to purchase one common
share at an exercise price of $0.07 for a period of 24 months from the date of issuance.
The FT Shares are intended to qualify as "flow-through shares" within the meaning of the Income Tax Act (Canada) (the "Tax
Act"). The gross proceeds from the sale of the FT Shares will be used to incur "Canadian exploration expenses" that are intended
to qualify as "flow-through mining expenditures" as those terms are defined in the Tax Act, which the Company intends to
renounce to the purchasers of the FT Shares.
Completion of the Offering is subject to customary conditions, including regulatory approvals. Finders' fees may be paid in
connection with the Offering. All securities issued in connection with the Offering will be subject to a statutory hold period of
four months and one day from the Closing Date.
The proceeds from the FT Offering will be used to advance the Company's exploration activities and continue unlocking value at
the Koocanusa Property in British Columbia. The Company intends to use the proceeds from the NFT Offering for general
working capital.
The securities described herein have not been and will not be registered under the United States Securities Act of 1933, as
amended, or any U.S. state securities laws, and may not be offered or sold in the United States absent registration or available
exemptions from such registration requirements. This press release does not constitute an offer to sell or a solicitation of an offer
to buy any securities in the United States, or in any jurisdiction in which such offer, solicitation or sale would be unlawful.
About Aeonian Resources Ltd.
Aeonian Resources is a Canadian mineral exploration company focused on advancing sediment-hosted copper and critical
mineral projects in British Columbia. With a strong commitment to environmental responsibility, Indigenous engagement, and
sound science, Aeonian aims to uncover the next generation of sustainable mineral resources. For additional information, visit the
Company's website www.aeonianresources.com.
The scientific and technical information in this news release was reviewed and approved by Kristian Whitehead, P.Geo., a
Qualified Person as defined by NI 43-101. Mr. Whitehead is not independent of the Company.
ON BEHALF OF THE BOARD OF AEONIAN RESOURCES CORP.
"Andy Randell"
Chief Executive Officer
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this release.
All statements in this press release, other than statements of historical fact, are "forward-looking information" with respect to
Aeonian within the meaning of applicable securities laws, including statements with respect to the Company's planned drilling
and exploration activities. The Company provides forward-looking statements for the purpose of conveying information about
current expectations and plans relating to the future and readers are cautioned that such statements may not be appropriate for
other purposes. By its nature, this information is subject to inherent risks and uncertainties that may be general or specific and
which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions will not prove to be
accurate, that assumptions may not be correct, and that objectives, strategic goals and priorities will not be achieved. These risks
and uncertainties include but are not limited to those identified and reported in Aeonian's public filings under Aeonian Resources
SEDAR profile at www.sedarplus.ca. Although Aeonian has attempted to identify important factors that could cause actual
actions, events or results to differ materially from those described in forward-looking information, there may be other factors that
cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such information
will prove to be accurate as actual results, and future events could differ materially from those anticipated in such statements.
Aeonian disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new
information, future events or otherwise unless required by law.
CONTACT:
Andy Randell (CEO)
SOURCE: AEONIAN RESOURCES CORP