Mr. Paul Woodward reports

AETHER CATALYST SOLUTIONS ANNOUNCES CLOSE OF TRANCHE OF NON-BROKERED PRIVATE PLACEMENT

Further to its news release dated June 28, 2024, Aether Catalyst Solutions Inc. has completed the first tranche of its non-brokered private placement of units of the company at a price of 5.5 cents per unit. At this closing, the company issued 2,362,818 units for gross proceeds of $129,955.

Each unit consists of one common share in the capital of the company and one-half share purchase warrant, with each warrant entitling the holder thereof to purchase one additional share at a price of 10 cents for a period of 12 months from the date of closing of the private placement.

The gross proceeds of the private placement will be used to primarily finance continuing operating expenses of the automotive program and continued development of the small-motor program.

The company confirms that there is no material fact or material change about the company that has not already been generally disclosed.

In connection with the first tranche of the private placement, the company paid cash finders' fees of $5,000 and issued 100,000 finders' warrants, with each warrant exercisable to purchase one share at a price of 5.5 cents for a period of 12 months from the closing of the private placement.

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-motor emissions -- a significant contributor to urban air pollution.

We seek Safe Harbor.