Core Viewpoint - Volatus Aerospace Inc. has successfully completed a bought deal private placement offering, raising gross proceeds of $4,830,000 through the sale of 9,288,462 units at a price of $0.52 per unit, indicating strong investor confidence in the company's growth strategy [1][2]. Group 1: Offering Details - The offering was led by institutional investors in Quebec, with significant participation from other Canadian institutional investors, highlighting broad confidence in Volatus' strategy and growth potential [2]. - Each unit consists of one common share and one-half of a common share purchase warrant, with each whole warrant allowing the purchase of one common share at an exercise price of $0.76, valid until August 14, 2028 [3]. - The net proceeds will be allocated towards expanding into the defense business segment, increasing inventory of drone systems to meet rising demand, and for general working capital [4]. Group 2: Regulatory and Financial Aspects - A total of 8,076,924 units were sold under the "Listed Issuer Financing Exemption," which allows for no statutory hold periods, while 1,211,538 units sold under the over-allotment option are subject to a four-month hold period [5]. - The company paid a cash commission of $289,800 to the underwriter and issued 557,308 non-transferable broker warrants, each allowing the purchase of one common share at $0.76, valid until August 14, 2026, also subject to a four-month hold period [6]. Group 3: Company Overview - Volatus Aerospace is recognized as a leader in innovative global aerial solutions, providing comprehensive services using both piloted and remotely piloted aircraft systems across various industries, including oil and gas, energy utilities, healthcare, public safety, and infrastructure [8].

Core Viewpoint - Volatus Aerospace Inc. is conducting a non-brokered private placement to raise up to approximately $10 million for expansion into the defense sector and to increase inventory of drone systems to meet rising demand [1][3]. Group 1: Offering Details - The offering consists of up to 19,230,770 units priced at $0.52 per unit, with each unit comprising one common voting share and one-half of a common share purchase warrant [1][2]. - Each warrant allows the holder to purchase one common share at an exercise price of $0.76 for a period of 36 months [2]. Group 2: Use of Proceeds - The net proceeds from the financing will be allocated for expanding into the defense business segment, increasing drone system inventory, and general working capital [3]. Group 3: Closing and Regulatory Aspects - The financing is expected to close around July 16, 2025, subject to customary conditions and necessary approvals from the TSX Venture Exchange [4]. - The financing may be completed in multiple tranches, and eligible finders may receive a cash fee of up to 6% of the gross proceeds [4]. Group 4: Company Overview - Volatus Aerospace Inc. specializes in innovative aerial solutions for various industries, including oil and gas, energy utilities, healthcare, public safety, and infrastructure [8]. - The company aims to enhance operational efficiency, safety, and sustainability through advanced aerial technologies [8].