Aero Energy Strengthens Board of Directors and Management Team with New Additions
Aero Energy Strengthens Board of Directors and Management Team with New
Additions
Vancouver, British Columbia – May 6, 2024 – Aero Energy Ltd (TSXV: AERO) (OTC Pink:
AUUGF) (FSE: UU3) (“Aero” or the “Company”) is pleased to announce the appointment of
Grace Marosits as a director of the Company and Martin Bajic as Chief Financial Officer of the
Company.
Ms. Marosits is a Chartered Professional Accountant and holds a Bachelor of Commerce degree
from the Sauder School of Business at the University of British Columbia. She has over two
decades of management experience as former Chief Financial Officer of NexGen Energy and in
senior accounting and tax roles at Ballard Power, Westcoast Energy and Deloitte. Ms. Marosits
is currently Chief Financial Officer and a director of Trail Blazer Capital Corp.
Mr. Bajic is a CPA and has graduated with a Diploma in Accounting from the University of British
Columbia. He has over a decade of experience serving as a director, chief financial officer, or
consultant to numerous public companies trading on the TSX Venture Exchange and the
Canadian Securities Exchange with a focus on the resource and technology industries. Mr. Bajic
currently serves as Chief Financial Officer of Summa Silver Corp. and Eminent Gold Corp.
Carson Halliday has stepped down from his role as Chief Financial Officer. The Company thanks
Mr. Halliday for his service and contributions.
Galen McNamara, CEO of Aero Energy, commented: “I would like to welcome Grace and
Martin to the team. Both are seasoned accountants with excellent backgrounds in financial
reporting and regulatory compliance and will contribute significantly to the future success of Aero.
I would also like to thank Carson Halliday for his excellent work during his tenure as CFO.”
Stock Options
The board of directors of the Company has approved the grant of 5,600,000 incentive stock
options to officers, directors, and consultants of the Company. The options vest quarterly over a
one-year period following the grant date, are exercisable at a price of $0.15, and expire on May
4, 2029.
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 Energy 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. With
the application of modern exploration techniques, the Company has identified over 50 shallow
drill-ready targets and 125 kilometres of target horizon on the frontier north rim of the Athabasca
Basin. Aero Energy is tapping into the Athabasca Basin's emerging potential for high-grade,
unconformity-style mineralization.
On Behalf of the Board of Directors
“Galen McNamara”
Galen McNamara, Interim 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
Cautionary Statement Regarding Forward-Looking Information
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 exploration activities on the Company’s
properties. 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.