Aero Energy Announces Closing of First Tranche of Non-Brokered Private Placement

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Vancouver, British Columbia – December 23, 2025 – Aero Energy Limited (TSXV: AERO) (OTC Pink: AAUGF) (FSE: UU3) (“Aero” or the “Company”) is pleased to announce that, further to its news release dated December 11, 2025, it has closed the first tranche (the “First Tranche”) of its previously announced non-brokered private placement (the “Offering”) through the issuance of an aggregate of 5,502,392 post-Consolidation (as defined below) common shares (“NFT Shares”) at a price of $0.23 per NFT Share for gross proceeds of $1,265,550. A second and final tranche of the Offering (the “Second Tranche”) for additional gross proceeds of approximately $3,734,450 is expected to close on or about December 29, 2025, and is expected to consist of the issuance of a combination of: The Company plans to use the proceeds of the Offering as follows: The Offering, including the First Tranche, is subject to the receipt of all necessary regulatory and other approvals, including, but not limited to, final approval of the TSX Venture Exchange (the “Exchange”). In connection with the First Tranche, finder’s fees of $62,796 were paid in cash and 273,026 finder’s warrants […]