Aero Energy Announces Update on Saskatchewan Uranium Projects and up to $5 Million Non-Brokered Private Placement

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, BC, December 11, 2025 – Aero Energy Ltd (TSXV: AERO) (OTC Pink: AAUGF) (FSE: UU3) (“Aero” or the “Company”) is pleased to provide an update regarding its uranium exploration portfolio located in the Athabasca Basin, Saskatchewan and announce a non-brokered private placement offering for aggregate gross proceeds of up to $5,000,000. Murmac and Strike Projects – Amendment Provides Enhanced Flexibility Aero is pleased to announce that it has amended (the “Amendment”) its option agreement dated December 15, 2023 (the “Murmac-Strike Option Agreement”) with Fortune Bay Corp. and 7153945 Canada Inc. (the “Optionor”) in respect of the Murmac and Strike projects near Uranium City along the northern margin of the Athabasca Basin, Saskatchewan. To date, Aero has incurred or funded approximately $2.5 million in exploration expenditures on the Murmac and Strike projects, leaving approximately $500,000 in remaining exploration expenditures (the “Remaining First Option Expenditures”) in order to earn an initial 51% interest in the Murmac and Strike projects (the “First Option Interest”), in addition to certain cash and share payments to made by Aero in accordance with the Murmac-Strike Option Agreement (the “First Option Payments”). […]