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18:46:53 EDT Thu 25 Apr 2024
Enter Symbol
or Name
USA
CA



Aether Catalyst Solutions Inc
Symbol ATHR
Shares Issued 41,746,712
Close 2020-06-11 C$ 0.25
Market Cap C$ 10,436,678
Recent Sedar Documents

Aether Catalyst arranges $500,000 private placement

2020-06-12 17:33 ET - News Release

Subject: Aether Catalyst Solutions, Inc. News Release PDF Document File: Attachment AETHER CATALYST SOLUTIONS June 12, 2020 NR - Private Placement Announcement.pdf NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Aether Catalyst Solutions, Inc. Announces a Non-Brokered Private Placement Burnaby, British Columbia / June 12, 2020 Aether Catalyst Solutions, Inc. ("ATHR" or the "Company") (CSE: ATHR)(FSE:2QZ) announces that it proposes to raise up to $500,000 through a non-brokered private placement of up to 2,500,000 units at a price of $0.20 per unit. Each unit will consist of one common share and one-half of one transferable common share purchase warrant of the Company, with each whole warrant exercisable for a period of 16 months from the date of closing at a price of $0.30 per share. Finder's fees or commissions may be payable to certain eligible persons. All securities issued in connection with the private placement are subject to a 4-month hold period in Canada. The terms of the financing are subject to applicable securities laws and regulatory approval. Additional details regarding the Offering can be found in the Form 9 filed in accordance with the rules of the Canadian Securities Exchange, a copy of which is accessible at www.thecse.com under the Company's profile. The gross proceeds of the private placement will be used to primarily fund ongoing operating expenses and in the exploration of additional applications of the Company's technology. The Company confirms that there is no material fact or material change about the Company that has not already been generally disclosed. Closing is expected to occur in one or more tranches by July 15, 2020. ABOUT THE COMPANY: Aether Catalyst Solutions, Inc. 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 is automotive, other potential applications for this low-cost technology are also being explored. Aether is looking to supplant precious metals in automotive catalysts for gasoline powered engines, a greater than $20 billion cost annually at today's prices. FOR FURTHER INFORMATION PLEASE CONTACT: Aether Catalyst Solutions, Inc. Paul Woodward President Tel: 604 690-3797 http://www.aethercatalyst.com The Canadian Securities Exchange ("CSE") or any other securities regulatory authority has not reviewed and does not accept responsibility for the adequacy or accuracy of this management prepared news release.

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