Mr. Paul Woodward reports

AETHER CATALYST SOLUTIONS ANNOUNCES CLOSE OF NON-BROKERED PRIVATE PLACEMENT

Further to the news releases dated June 28, 2024, and July 15, 2024, Aether Catalyst Solutions Inc. has completed the final tranche of its non-brokered private placement of units of the company at a price of 5.5 cents per unit. At this final closing, the company issued 600,000 units for gross proceeds of $33,000. Together with the first closing, the company issued an aggregate of 2,962,818 units for gross proceeds of $162,955.

Each unit consists of one common share in the capital of the company and one-half of a share purchase warrant, with each warrant entitling the holder thereof to purchase one additional share at a price of 10 cents per warrant share 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 for continued development of the small motors 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 second and final tranche of the private placement, the company paid finders' fees of $3,300 and issued 60,000 finders' warrants, entitling the holder to purchase a share at a price of 5.5 cents per share for a period of 12 months from closing of the private placement.

About Aether Catalyst Solutions Inc.

Aether Catalyst is focused on providing an order of magnitude cost reduction in automotive catalytic converter catalyst, while meeting, or exceeding, government emission standards. Aether Catalyst 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 Catalyst'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.