From GlobeNewswire: 2025-06-19 09:05:00

Volatus Aerospace Inc. has successfully closed a $3 million private placement from Investissement Québec, increasing the total investment to $10.5 million. This funding will fuel growth in key sectors like oil and gas and infrastructure ahead of the 2025 season. The Debenture, with a term of five years, will be senior secured and convertible into common shares at a conversion price of $0.202 per share. The Company plans to use the proceeds for inventory, capital expenditures, and working capital, with existing aircraft debt remaining secured. Additionally, the Company has issued 2,900,000 restricted share units to employees to align incentives with shareholder value.



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