00:01:54 EST Fri 05 Dec 2025
Enter Symbol
or Name
USA
CA



Aeonian Resources Corp
Symbol ALTN
Shares Issued 41,112,100
Close 2025-12-04 C$ 0.04
Market Cap C$ 1,644,484
Recent Sedar Documents

Aeonian Resources extends financing, appoints CFO

2025-12-04 18:06 ET - News Release

Mr. Andy Randell reports

AEONIAN RESOURCES ANNOUNCES PRIVATE PLACEMENT EXTENSION

Aeonian Resources Corp., further to its news release dated Oct. 20, 2025, will extend its previously announced non-brokered private placement of up to 30 million flow-through (FT) units at a price of five cents per share and up to 12.5 million non-flow-through (NFT) units at a price of four cents per unit for gross proceeds of up to $2-million. The company will now close the offering on Dec. 19, 2025, subject to the TSX Venture Exchange.

Each NFT unit shall consist of one common share of the company and one common share purchase warrant. Each NFT warrant will entitle the holder thereof to purchase one common share at an exercise price of seven cents for a period of 24 months from the date of issuance.

Each FT unit shall consist of one common share of the company and one-half of one common share purchase warrant. Each NFT warrant will entitle the holder thereof to purchase one common share at an exercise price of seven cents 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 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.

Management change

The company announces that Dan Martino will join the team, effective immediately, as the chief financial officer, replacing Andrea Yuan. Mrs. Yuan was instrumental in guiding the team through the RTO (reverse takeover) process and was a positive influence on the team.

Mr. Martino is a chartered professional accountant (CPA, CA) with 15 years of experience currently providing CFO and financial reporting consulting services through DBM CPA Inc., to companies listed on Canadian stock exchanges within the clean technology and mineral resource sectors. Mr. Martino had previously spent several years in assurance services for public companies at Davidson & Company LLP. He obtained his bachelor of business administration (BBA) degree at Simon Fraser University in 2010, and his CPA, CA designation in 2013.

About Aeonian Resources Corp.

Aeonian Resources is a Canadian mineral exploration company focused on discovering the next generation of copper deposits in British Columbia. Its flagship Koocanusa copper project lies within the Purcell basin, part of the same geological belt that hosts major sediment-hosted copper deposits across the border in Montana. Aeonian has outlined a 50-kilometre copper corridor with multiple drill-ready targets supported by strong geochemical and geophysical data. With multiyear permits, active indigenous partnerships and a disciplined, science-driven approach, Aeonian is well positioned for near-term copper discovery in a Tier 1 jurisdiction.

We seek Safe Harbor.

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