Volatus Announces $4,000,000 Non-Brokered LIFE Financing

Core Viewpoint - Volatus Aerospace Inc. is initiating a non-brokered private placement to raise up to $4 million through the issuance of 20 million units at a price of $0.20 per unit, aimed at expanding its operations and infrastructure [2][4]. Group 1: Offering Details - The offering consists of units, each comprising one common voting share and one-half of a common share purchase warrant, with the warrant allowing the purchase of one common share at an exercise price of $0.30 for 36 months [3]. - The financing is expected to close around June 26, 2025, subject to regulatory approvals and may occur in multiple tranches [5]. Group 2: Use of Proceeds - The net proceeds from the financing will be allocated for global market expansion, investment in Arctic and remote operations infrastructure, inventory, and general corporate purposes [4][10]. - Recent policy signals from the Canadian Federal Government regarding defense spending and commitments to Ukraine present growth opportunities for the company [10]. Group 3: Company Overview - Volatus Aerospace is a leader in innovative aerial solutions, providing services across various industries including oil and gas, energy utilities, healthcare, and public safety [9]. - The company focuses on enhancing operational efficiency, safety, and sustainability through advanced aerial technologies [9].