Aether Catalyst Solutions, Inc. announced a non-brokered private placement of up to 4,000,000 units at a price of CAD 0.055 per unit for proceeds of CAD 220,000 on April 6, 2023. Each unit will consist of one common share and one-half a transferable common share purchase warrant of the Company, with each whole warrant exercisable for a period of 12 months from the date of closing at a price of CAD 0.10 per share. Finder's fees or commissions may be payable to certain eligible persons.

All securities issued in are subject to a 4-month hold period in Canada. The transaction is subject to applicable securities laws and regulatory approval. The transaction is expected to close by April 14, 2023.