Aether Global Innovations Corp
Canadian Securities Exchange:AETHView on OTC Pink - Current Information

  • LAST PRICE
    0.0250
  • TODAY'S CHANGE (%)
    0.0000 (0.0000%)
  • Bid / Lots
    0.0200/ 199
  • Ask / Lots
    0.0300/ 86
  • Open / Previous Close
    0.0250 / 0.0250
  • Day Range
    0.0250
    0.0250
  • 52 Week Range
    0.0150
    0.0650
  • Volume
    33,000

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  • Nov 6, 2024

      Show headlines and story abstract

    • 4:31PM ET on Wednesday Nov 06, 2024 by Dow Jones
      Companies Mentioned: AETH

      November, 06, 2024 -- (Aether Global Innovations Corp.) -- (TheNewswire)

      Vancouver, B.C. -- November 6, 2024 -- TheNewswire - Aether Global Innovations Corp. (CSE: AETH) (OTC: AETHF) (Frankfurt: 4XA WKN# A2N8RH) ("Aether Global", "AGI", "AETH", or the "Company"), a drone management and automation company, is pleased to announce that it has entered a securities exchange agreement (the "SEA"), dated November 6, 2024, to acquire 1401068 BC Ltd. ("PrivCo") for 19,100,100 common shares of the Company (the "Transaction") at a deemed issue price of $0.025 per share. PrivCo is a special purpose vehicle that is in the process of securing an earn-in arrangement (the "Earn-In Arrangement") with Xentera Technologies Inc. ("Xentera"), an early stage drone development company, that gives PrivCo the right to acquire up to 12.5% of the issued and outstanding capital of Xentera for US$300,000. Xentera is developing a large multipurpose cargo jet drone with a 70-foot wingspan, capable of vertical take-off and landing (VTOL), heavy payloads, long-range, and high-speed operations. Featuring a blended wing body design, the drone is being engineered for low operating costs and reduced emissions, which will make it well-suited to delivering time-sensitive, high-value, heavy cargo to remote locations.

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