Aero Energy Announces Definitive Agreement to Sell Chilean Gold Projects
Vancouver, British Columbia (December 9, 2025) – Aero Energy Limited (TSXV: AERO) (OTC Pink: AAUGF) (FSE: UU3) (“Aero” or the “Company”) is pleased to announce that it has entered into an agreement dated December 9, 2025 to sell 100% of the issued and outstanding shares of RIO Explorations SpA (the “RIO Shares”) (which directly holds the Dorado and Cordillera gold projects in Chile’s Atacama Region) to Batik Resources Ltd. (“Batik”). Total consideration for the transaction is $3,600,000, payable as follows: Batik is required to complete the Public Listing by no later than October 31, 2026 (the “Listing Deadline”). If Batik fails to achieve the Public Listing by the Listing Deadline, Aero retains the right to require Batik to transfer, assign and convey the RIO Shares back to Aero at no cost. Share Consolidation In addition, the Company intends to proceed with a consolidation of its outstanding common shares on the basis of one post-consolidation common share for ten pre-consolidation common shares (the “Consolidation”). The Consolidation remains subject to Exchange approval. The effective date and further details of the Consolidation will be disclosed in a subsequent news release. Corporate Update On December 9, 2025, the Company issued 295,750 warrants to an eligible arm’s length finder in […]
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