Michael Gentile Announces Filing of Early Warning Report Related to Acquisition of Units of Aeonian Resources Corp.

Executive Summary

• Michael Gentile filed an early warning report disclosing the acquisition of 11,950,000 units in Aeonian Resources Corp.
• Each unit consists of one common share and one warrant (exercise price $0.07, exercisable for 36 months).
• Post‑acquisition, Gentile controls ~19.99% of Aeonian’s common shares on an undiluted basis (~32.71% partially diluted) with anti‑dilution provisions limiting further exercise.

Key Details

• Units Acquired: 11,950,000 (each = 1 Common Share + 1 Warrant).
• Common Shares Acquired: 11,950,000.
• Warrants Acquired: 11,950,000, exercisable at $0.07 per share, valid for 36 months from issuance.
• Ownership Percentage Post‑Acquisition: ~19.99% of issued and outstanding common shares (undiluted); ~32.71% on a partially diluted basis.
• Warrant Exercise Restriction: Warrants cannot be exercised if resulting ownership would equal or exceed 19.99% of total issued and outstanding common shares immediately after exercise.
• Purpose of Acquisition: Investment; Gentile may buy additional securities or sell existing holdings in the future, subject to market conditions and strategic considerations.
• Prior Ownership: Gentile held no beneficial ownership or control of Aeonian’s securities before this transaction.

Notable Quotes

(No direct quotes were provided in the release.)