BULLETIN V2025-1388
AEONIAN RESOURCES CORP. ("ALTN")
[formerly Altina Capital Corp. ("ALTN.P")]
BULLETIN TYPE: Qualifying Transaction-Completed/New Symbol, Private Placement-Non-Brokered, Name Change, Resume Trading
BULLETIN DATE: May 12, 2025
TSX Venture Tier 2 Company
TSX Venture Exchange Inc. (the "Exchange") has accepted for filing the Qualifying Transaction of Altina Capital Corp. ("Altina") as described in its filing statement dated April 29, 2025 (the "Filing Statement"). As a result, effective at the opening on Wednesday, May 14, 2025 (the "Listing Date"), the trading symbol for Altina will change from ALTN.P to ALTN and Altina will no longer be considered a Capital Pool Company. The Qualifying Transaction includes the following matters, all of which have been accepted by the Exchange.
1. Acquisition of Aeonian Resources Ltd. ("Aeonian")
Pursuant to an amended and restated amalgamation agreement dated November 15, 2024 among Altina and 1472748 B.C. Ltd., a wholly-owned subsidiary of Altina, and Aeonian (the "Amalgamation Agreement"), as amended on January 3, 2025, Altina acquired all of the outstanding shares of Aeonian. As consideration, Altina issued 25,202,100 common shares to the shareholders of Aeonian on a 1:1 basis (which includes the 1,300,000 common shares of Aeonian issued pursuant to the non-brokered Aeonian private placement referred to below).
Aeonian holds a 100% interest in the 38 mining claims totaling approximately 28,743.82 hectares comprising the Koocanusa Property. The Koocanusa Property is located about 30 kilometers southeast of Cranbrook, British Columbia.
On December 30, 2024, Aeonian completed a non-brokered private placement of 1,300,000 units ("Aeonian Units"), for gross proceeds of $130,000. Each Aeonian Unit was comprised of one (1) common share of Aeonian (each an "Aeonian Share") that qualifies as a "flow-through share" within the meaning of section 66(15) of the Income Tax Act (Canada) and one-half of one (1/2) Aeonian Share purchase warrant, with each whole warrant being exercisable to acquire one (1) additional Aeonian Share at an exercise price of $0.15 until the date that is twenty-four (24) months from the Listing Date. Aeonian paid finder's fees of $1,350 and issued 13,500 Aeonian Share purchase warrants to finders who introduced investors to Aeonian, each such warrant entitling the holder to acquire one Aeonian Share for $0.14 until the date that is twenty-four (24) months from the Listing Date.
For more information, see the Filing Statement which is available under Aeonian's profile (formerly Altina) on SEDAR+.
2. Private Placement-Non-Brokered
Financing Type: Non-Brokered Private Placement
Gross Proceeds: $771,000.00
Offering: 7,710,000 Listed Shares with 7,710,000 warrants attached
Offering Price: $0.10 per Listed Share
Warrant Exercise Terms: $0.15 per Listed Share for a two-year period.
Commissions in Securities:
Shares Warrants
Finders (Aggregate) 0 145,000
Commission Terms: Each non-transferable warrant is exercisable at $0.15 for a two-year period.
Disclosure: Refer to the company's news releases dated April 2, 2024, November 18, 2024, April 3, 2025 and April 8, 2025.
3. Name Change
Pursuant to a resolution passed by directors of Altina on April 28, 2025, Altina has changed its name from Altina Capital Corp. to Aeonian Resources Corp. There is no consolidation of capital.
Effective at the opening on Wednesday, May 14, 2025, the common shares of Aeonian Resources Corp. will commence trading on TSX Venture Exchange, and the common shares of Altina Capital Corp. will be delisted.
Aeonian Resources Corp. is classified as an 'Mining' company.
Capitalization: Unlimited shares with no par value of which
40,912,100 shares are issued and outstanding
Escrow: 4,080,000 shares are subject to the CPC Escrow
Agreement
12,222,100 shares and 1,347,000 warrants are subject
to a 36 month staged release escrow
agreement
Transfer Agent: Computershare Investor Services Inc.
Trading Symbol: ALTN (new)
CUSIP Number: 00792R102 (new)
4. Resume Trading:
Effective at the opening on Wednesday, May 14, 2025, trading in the shares of Altina will resume as common shares of Aeonian.
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