Mr. Paul Woodward reports

AETHER CATALYST SOLUTIONS, INC. ANNOUNCES A NON-BROKERED PRIVATE PLACEMENT

Aether Catalyst Solutions Inc. has arranged a non-brokered private placement of up to 16 million units of the company at a price of 7.5 cents per unit for aggregate gross proceeds of up to $1.2-million. Each unit will consist of one common share in the capital of the company and one-half of one common share purchase warrant. Each warrant will entitle the holder thereof to acquire one additional share at an exercise price of 15 cents per share for a period of 18 months from the closing date of the offering.

The offering is being completed pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 (Prospectus Exemptions). Any securities issuable under the LIFE will not be subject to a hold period in accordance with applicable Canadian securities laws.

The company may pay eligible finders a cash commission equal to 8 per cent of the gross proceeds raised from purchasers introduced by such finders and/or issue to such finders that number of non-transferable common share purchase warrants equal to 10 per cent of the number of units sold to purchasers introduced by such finders. Each finder's warrant will entitle the holder thereof to acquire one share at an exercise price of 7.5 cents per share for a period of 18 months from the date of issuance.

Both the warrants and the finders' warrants will be subject to acceleration such that, if, during a period of 10 consecutive trading days prior to their respective expiry dates, the daily volume-weighted average trading price of the shares on the Canadian Securities Exchange or such other stock exchange where the majority of the trading volume occurs exceeds 30 cents for each of those 10 consecutive days, the company may, within 30 days of such an occurrence, give written notice to the holders of the warrants and the finders' warrants that the securities will expire at 5 p.m. Vancouver time on the 30th day following the giving of notice unless exercised by the holders prior to such date. Any warrants or finders' warrants which remain unexercised at 5 p.m. Vancouver time on the 30th day following the giving of such notice will expire at that time.

An offering document related to the offering will be available under the company's profile at SEDAR+ and on the company's website. Prospective purchasers should read this offering document before making an investment decision.

The company intends to use the proceeds of the offering to finance its continuing research activities, its joint development agreement project, its evaluation program with the Asian Tier 1 manufacturer, capital market awareness and general working capital purposes. The offering may close in tranches, with the first tranche expected to close on or around March 31, 2025. The offering is subject to certain conditions, including, but not limited to, receipt of all necessary approvals, including the approval of the CSE.

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 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.