15:55:21 EDT Mon 29 Apr 2024
Enter Symbol
or Name
USA
CA



Aether Catalyst Solutions Inc
Symbol ATHR
Shares Issued 53,657,794
Close 2023-11-10 C$ 0.035
Market Cap C$ 1,878,023
Recent Sedar Documents

Aether Catalyst agrees to loans totalling $125,000

2023-11-10 17:50 ET - News Release

Mr. Paul Woodward reports

AETHER CATALYST SOLUTIONS, INC. ANNOUNCES BRIDGE LOAN FINANCING.

Aether Catalyst Solutions Inc. has entered into loan agreements with lenders, comprising an arm's-length individual, two directors and the spouse of a director, for loans in the aggregate amount of $125,000). The loans bear interest at an annual rate of 15 per cent and will be repayable in full on various dates 12 months from advancement of funds. The company may prepay all or a portion of the loans in advance at any time subject to at least six months interest paid to the lenders.

In consideration for the loans and subject to the Canadian Stock Exchange approval, the company will issue in favour of the lenders, an aggregate of 625,000 common shares.

The corporation intends to use the loans for working capital and general corporate purposes.

About Aether Catalyst Solutions Inc.

Aether Catalyst Solutions is focused on providing an order of magnitude cost reduction in automotive catalytic converter catalyst, while meeting, or exceeding, government emission standards. Aether is working to quickly advance its technology through rapid screening of new materials directed at enhancing end-of-life conversion levels after accelerated aging. While Aether's primary focus has been automotive applications, the company is also developing catalysts to address small-motors emissions a significant contributor to urban air pollution.

We seek Safe Harbor.

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