American Atomics Announces Upsizing of Private Placement of Units

Executive Summary

• American Atomics Inc. upsized its previously announced non‑brokered private placement, increasing the maximum aggregate gross proceeds from $500,000 to $2,000,000.
• The offering now consists of up to 8 million units at $0.25 per unit, each unit containing one common share and half a warrant (exercisable at $0.35 per share for 24 months).
• Net proceeds are earmarked to support the pending transaction with Big Indian Prospectors LLC, as well as working capital and general & administrative expenses.

Key Details

• Upsized Offering Size: Up to 8,000,000 Units (previously up to 2,000,000 Units).
• Price per Unit: $0.25, raising potential gross proceeds to $2,000,000 (up from $500,000).
• Unit Composition:
• 1 common share of American Atomics Inc.
• ½ of one share purchase warrant (each full warrant allows purchase of an additional share at $0.35).
• Warrant Terms: Exercisable at $0.35 per warrant share for a period ending 24 months after issuance.
• Use of Proceeds:
• Funding the transaction with Big Indian Prospectors LLC (announced Oct 27 2025).
• Working capital.
• General and administrative expenses.
• Holding Period: Units subject to a four‑month hold period, expiring four months and one day after closing.
• Finder’s Fees: Company may pay finder’s fees in accordance with CSE policies.
• Regulatory Notice: Offering not registered under U.S. securities laws; no solicitation to U.S. persons.

Notable Quotes

“We are pleased to respond to strong investor demand by increasing the size of this private placement, which will provide essential capital to advance our strategic transaction with Big Indian Prospectors and support ongoing operations.” – David Mitchell, CEO & Director

Materiality Assessment: Material – Positive (significant increase in financing capacity that directly supports a pending acquisition and operational liquidity).