Business
Aero Energy Announces Effective Date of Share Consolidation
Vancouver, British Columbia--(Newsfile Corp. - December 19, 2025) - Aero Energy Limited (TS...
About this update from Aero Energy Limited
[{"type":"text","content":"Aero Energy Announces Effective Date of Share ConsolidationVancouver, British Columbia--(Newsfile Corp. - December 19, 2025) - Aero Energy Limited (TSXV: AERO) (OTC Pink: AAUGF) (FSE: UU3) (\"Aero\" or the \"Company\") announces that further to the Company's News Release dated December 11, 2025, and effective December 23, 2025, the Company will consolidate the common shares in the capital of the Company (the \"Shares\") on the basis of ten (10) pre-consolidation Shares for every one (1) post-consolidation Share (the \"Consolidation\"). The Company's name and stock symbol will remain unchanged following the Consolidation. The new CUSIP number will be 00792K206 and the new ISIN will be CA00792K2065 for post Consolidation Shares. The Company currently has 181,516,273 Shares issued and outstanding, and following the Consolidation, the Company will have approximately 18,151,638 Shares issued and outstanding. No fractional shares will be issued as a result of the Consolidation. Any fractional shares resulting from the Consolidation will be rounded up or down to the nearest whole Share. The Company's outstanding incentive stock options, warrants, and any convertible securities will be adjusted on the same basis (10:1) to reflect the Consolidation in accordance with their respective terms with proportionate adjustments to be made to the exercise prices. The Company's post Consolidation Shares are expected to begin trading on the TSX Venture Exchange on or about December 23, 2025. Letters of transmittal with respect to the Consolidation will be mailed to all registered shareholders of the Company. All registered shareholders holding share certificates of the Company will be required to send their respective certificates representing the pre-Consolidation Shares along with a properly executed letter of transmittal to the Company's transfer agent, Computershare Investor Services Inc. (the \"Transfer Agent\"), in accordance with the instructions provided in the letter of transmittal. Additional copies of the letter of transmittal can be obtained through the Transfer Agent at 1-800-564-6253 or by e-mail to [email protected]. All shareholders who submit a duly completed letter of transmittal along with their respective pre-Consolidation Share certificate(s) to the Transfer Agent, will receive a post Consolidation Sh...