Aeonian Resources Ltd. reached a preliminary agreement to acquire Altina Capital Corp. (TSXV:ALTN.P) in a reverse merger transaction on January 26, 2024. Aeonian Resources Ltd. entered into a definitive amalgamation agreement to acquire Altina Capital Corp.

(TSXV:ALTN.P) in a reverse merger transaction on March 27, 2024. Former shareholders of Aeonian will hold approximately 75% of the combined company. Upon completion of the Transaction, the Resulting Issuer will continue to carry on the business of Aeonian as currently constituted.

Upon completion of the Transaction, it is anticipated that the Resulting Issuer will continue the business of Aeonian under the name "Aeonian Resources Ltd." or a name to be mutually agreed to by Altina and Aeonian. Upon completion of the Transaction, the following individuals will comprise the board of directors and management of the Resulting Issuer: Andy Randell - Director and CEO; Branden Haynes - Director and President; Mark Luchinski - Director and Corporate Secretary; Kristian Whitehead - Director; Terry Salman - Director; Theo Sanidas - Director; Gordon Neal - Director. Completion of the proposed transaction is subject to a number of conditions, including, but not limited to, completion and execution of the Letter of Intent, followed by the execution of a definitive agreement in respect of the proposed transaction, completion by parties of satisfactory due diligence, satisfaction by the parties of all applicable filing and listing requirements pursuant to Policy 2.4 TSX-V and acceptance and receipt of all applicable regulatory, third party, corporate and shareholder approvals, including the approval of the TSXV and to complete a private placement of units for minimum gross proceeds of CAD 1 million.