Aether Global Innovations Corp. Announces Non-Brokered Private Placement
December 11 2023 - 9:23AM
InvestorsHub NewsWire
Aether Global Innovations Corp.
Announces Non-Brokered Private Placement
Vancouver, B.C., Canada --
December 11, 2023 -- InvestorsHub NewsWire --
Aether Global Innovations
Corp.
(CSE:
AETH) (OTCQB:
AETHF) (Frankfurt:
4XA WKN# A2N8RH) ("Aether Global", "AETH", or the "Company"), a drone management and
automation company, announced today a non-brokered private
placement financing of up to 15,000,000 units (the "Units") of
securities at a price of $0.05 CAD per Unit for aggregate gross
proceeds of up to $750,000.00 CAD (the "Offering").
The terms of each Unit will be comprised of one (1) common share
and one (1) fully transferable share purchase warrant, with each
whole warrant entitling the holder to purchase one additional
common share at a price of $0.10 CAD for three (3) years from
closing of the Offering. Finders' fees may be payable on a portion
of the Offering at the discretion of the Company.
The net proceeds of the private placement will be used for working
capital and business development.
About Aether Global Innovations
Corp.
Aether Global Innovations Corp. is an innovative UAV and drone
management and operations services company that focuses in three
areas for critical infrastructure and large public and private
facilities. These three areas include (i) drone management and
surveillance monitoring, (ii) automation and integration for flight
planning, new, innovative sensor payloads, stand-alone power source
and (iii) drone base station infrastructure and technology for
autonomous self-landing, power charging, and take off.
www.aethergic.com
ON BEHALF OF THE BOARD OF
DIRECTORS
Philip Lancaster, CEO & President
Aether Global Innovations Corp.
info@aethergic.com
Forward Looking
Statements
Certain information set forth in this news release may contain
forward-looking statements that involve substantial known and
unknown risks and uncertainties. All statements other than
statements of historical fact are forward-looking statements,
including, without limitation, statements regarding future
financial position, business strategy, use of proceeds, corporate
vision, proposed acquisitions, partnerships, joint-ventures and
strategic alliances and co-operations, budgets, cost and plans and
objectives of or involving the Company. Such forward looking
information reflects management's current beliefs and is based on
information currently available to management. Often, but not
always, forward-looking statements can be identified by the use of
words such as "plans", "expects", "is expected", "budget",
"scheduled", "estimates", "forecasts", "predicts", "intends",
"targets", "aims", "anticipates" or "believes" or variations
(including negative variations) of such words and phrases or may be
identified by statements to the effect that certain actions "may",
"could", "should", "would", "might" or "will" be taken, occur or be
achieved. A number of known and unknown risks, uncertainties and
other factors may cause the actual results or performance to
materially differ from any future results or performance expressed
or implied by the forward-looking information. These forward –
looking statements are subject to numerous risks and uncertainties,
certain of which are beyond the control of the Company including,
but not limited to, the impact of general economic conditions,
industry conditions and dependence upon regulatory approvals.
Readers are cautioned that the assumptions used in the preparation
of such information, although considered reasonable at the time of
preparation, may prove to be imprecise and, as such, undue reliance
should not be placed on forward-looking statements. The Company
does not assume any obligation to update or revise its
forward-looking statements, whether as a result of new information,
future events, or otherwise, except as required by securities
laws.
NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION
TO U.S. WIRE SERVICES
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