Core Viewpoint - Aero Energy Limited has successfully closed the second and final tranche of its non-brokered private placement, raising a total of $5,000,000 through the issuance of common shares and charity flow-through shares, aimed at funding exploration and advancement of its uranium properties in North America [1][2]. Group 1: Financial Details - The final tranche included the issuance of 5,367,173 common shares at $0.23 per share, generating gross proceeds of $1,234,450, and 7,142,857 charity flow-through common shares at $0.35 per share, generating gross proceeds of $2,500,000 [1]. - Combined with the first tranche, the total gross proceeds from the offering amounted to $5,000,000, consisting of 10,869,565 common shares and 7,142,857 charity flow-through shares [2]. Group 2: Use of Proceeds - The proceeds from the offering will be allocated to fund exploration and advancement of the company's uranium properties in Saskatchewan and Nevada, as well as for general working capital purposes [10]. - The gross proceeds from the charity flow-through shares will be used to incur eligible Canadian exploration expenses and flow-through mining expenditures related to the company's projects in Saskatchewan, with a deadline for these expenditures set for December 31, 2026 [10]. Group 3: Company Overview - Aero Energy Limited, following its merger with Kraken Energy Corp., has established a strong portfolio of uranium assets in North America, including significant projects in Saskatchewan's Athabasca Basin [5]. - The company controls a district-scale land package that includes the Strike and Murmac projects, which host numerous drill-ready targets, and also owns the Apex Uranium Property, Nevada's largest past-producing uranium mine [5].