Aeonian closes 20M unit placement; Gentile buys 11.95M

Mr. Andy Randell reports AEONIAN CLOSES PRIVATE PLACEMENT WITH LEADING STRATEGIC INVESTOR MICHAEL GENTILE ACQUIRING 19.55% STAKE Aeonian Resources Corp. has closed its previously announced non-brokered private placement, raising gross proceeds of $800,400.00 through the issuance of 20.01 million units at a price of four cents per unit. Aeonian is also pleased to welcome Michael Gentile as a strategic investor in the company, following Mr. Gentile's acquisition of 11.95 million units through the offering, representing a 19.55-per-cent ownership interest in the company on a basic postoffering basis and 32.71 per cent on a partially diluted basis. The company notes that warrant exercise limitations are in place to maintain compliance with applicable ownership thresholds. Mr. Gentile is widely regarded as one of the leading strategic investors in the junior mining sector, with significant top-five ownership positions in more than 20 publicly traded mining and exploration companies. He is known for identifying high-quality geological opportunities at the early stages of the discovery cycle and for his long-term, fundamentals-driven investment approach. Andrew Randell, chief executive officer of Aeonian Resources, commented: "We are extremely pleased to welcome Michael Gentile as a strategic investor in Aeonian. Michael's track record in the junior mining sector speaks for itself, and his support reflects a shared conviction in the discovery potential of sediment-hosted copper systems in British Columbia. This financing provides the capital certainty required to move confidently into our inaugural drill program at Koocanusa, and we are genuinely excited to begin drill testing what we believe is a highly compelling copper system in early 2026." Terry Salman, chairman and director, added: "I'm delighted to have my friend Michael Gentile as a major shareholder in the company. He's one of Canada's leading investors in the junior mining space and is highly respected." Offering details Each unit consists of one common share of the company and one common share purchase warrant. Each warrant entitles the holder thereof to purchase one share at an exercise price of seven cents for a period of 36 months from the date of issuance. In accordance with applicable Canadian securities laws, all securities issued pursuant to the offering are subject to a hold period expiring four months and one day from the date of issuance. There were no finders' fees paid in connection with the offering. In connection with the offering, Terry Salman, the company's chairman and director, acquired 625,000 units (the insider subscription), bringing his aggregate shareholdings in the company to 3,558,000 shares (representing approximately 5.82 per cent of the issued and outstanding shares postclosing). The insider subscription constituted a related party transaction within the meaning of the Multilateral Instrument 61-101 -- Protection of Minority Security Holders in Special Transactions. Notwithstanding the foregoing, the directors of the company determined that the interested party's participation in the offering was exempt from the formal valuation and minority shareholder approval requirements under MI 61-101 in reliance on the exemptions set forth in sections 5.5(a) and 5.7(1)(a), respectively, of MI 61-101. A material change report was not filed more than 21 days prior to closing of the offering because the details of the insider subscription had not been confirmed at that time. The company intends to use the proceeds from the offering to advance the company's exploration activities and continue unlocking value at the Koocanusa property in British Columbia (in respect of 80 per cent of the offering proceeds) and for general working capital (in respect of 20 per cent of the offering proceeds). About Aeonian Resources Corp. Aeonian Resources is a Canadian mineral exploration company focused on discovering the next generation of copper deposits in British Columbia. Its flagship Koocanusa copper project lies within the Purcell basin, part of the same geological belt that hosts major sediment-hosted copper deposits across the border in Montana. Aeonian has outlined a 50-kilometre copper corridor with multiple drill ready targets supported by strong geochemical and geophysical data. With multiyear permits, active indigenous partnerships and a disciplined, science-driven approach, Aeonian is well positioned for near-term copper discovery in a Tier 1 jurisdiction. We seek Safe Harbor.