Volatus LIFE Offering Financing Oversubscribed and Upsized to $3,000,000

Core Viewpoint - Volatus Aerospace Inc. has increased the size of its non-brokered LIFE private placement from $2,000,000 to approximately $3,000,000 due to strong investor demand [2][3]. Group 1: Financing Details - The LIFE Offering will consist of up to 25,000,000 units priced at $0.12 per unit, with each unit comprising one common voting share and one common share purchase warrant [2]. - Each warrant allows the holder to purchase one common share at an exercise price of $0.20 for a period of 36 months following issuance [2]. - The offering is expected to close on or before May 9, 2025, subject to customary conditions and regulatory approvals [3]. Group 2: Use of Proceeds - The net proceeds from the LIFE Offering will be allocated for capital expenditures, inventory, and general corporate and working capital purposes [3]. Group 3: Finder's Fees - The company may pay eligible finders a cash fee of up to 8% of the gross proceeds from the LIFE Offering [4]. Group 4: Company Overview - Volatus Aerospace Inc. specializes in innovative global aerial solutions for various industries, including oil and gas, energy utilities, healthcare, public safety, and infrastructure [6]. - The company aims to enhance operational efficiency, safety, and sustainability through advanced aerial technologies [6].