Aeonian Resources Unveils Private Placement Plans

Aeonian Resources Ltd. announced plans for a non-brokered private placement financing, aiming to raise up to $2 million. The initiative includes the issuance of up to 30 million flow-through units at $0.05 per share and 12.5 million non-flow-through units at $0.04 per unit, pending TSX Venture Exchange approval.

Flow-through units will fund Canadian exploration expenses under the Income Tax Act. Non-flow-through proceeds will support working capital. Both units include warrants allowing purchase of additional shares at $0.07 within 24 months.

Proceeds will advance exploration at Koocanusa Property, BC. Securities will remain unregistered under U.S. law and are subject to a four-month hold period post-closing. Finder's fees may apply.