on AEONIAN RESOURCES CORP (CVE:ALTN)
Aeonian Resources Extends Private Placement Offering
Aeonian Resources Corp., a mineral exploration company based in Vancouver, announced an extension to its non-brokered private placement. This Offering includes up to 30 million flow-through units at $0.05 per share and 12.5 million non-flow-through units at $0.04 per unit, aiming to raise $2 million. The new closing date is December 19, 2025, pending TSX Venture Exchange approval.
Each non-flow-through unit comprises one common share and one warrant, allowing purchase of a share at $0.07 within 24 months. Flow-through units involve a share and half a warrant under similar terms.
Proceeds from flow-through shares will fund exploration activities in British Columbia, while non-flow-through funds will support general capital. The Offering is subject to regulatory approvals and a four-month statutory hold on issued securities.
Additionally, Dan Martino replaces Andrea Yuan as CFO, bringing 15 years of financial expertise to Aeonian.
R. H.
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