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British Columbia / www.aeonianresources.com
The issuer is an aspirational exploration company whose goal is to make discoveries while leading through change. The issuer aims to create viable exploration opportunities and challenge the “status quo” through means that promote stewardship on the land, contribute towards a stable climate, integrate indigenous ideals whilst moving towards the decolonization of mineral development and building equitable relationships with stakeholders. The issuer’s current focus is the Koocanusa property located near Cranbrook, BC, an early stage copper and silver exploration project. The issuer is driven to find the balance between conservation, development, economic opportunity, and demand. It aims to inspire other businesses to make the same shift. Further, the issuer seeks to acquire additional property interests and assess their potential through exploration.
Here's how Aeonian Resources Ltd. is planning on using the funds raised from this crowdfunding:
Minimum Raise | Maximum Raise | |
General Working Capital | $4,750 | $1,425,000 |
Portal Fees | $250 | $75,000 |
TOTAL | $5,000 | $1,500,000 |
The issuer is an aspirational exploration company whose goal is to make discoveries while leading through change. The issuer aims to create viable exploration opportunities and challenge the “status quo” through means that promote stewardship on the land, contribute towards a stable climate, integrate indigenous ideals whilst moving towards the decolonization of mineral development and building equitable relationships with stakeholders. The issuer’s current focus is the Koocanusa property located near Cranbrook, BC, an early stage copper and silver exploration project. The issuer is driven to find the balance between conservation, development, economic opportunity, and demand. It aims to inspire other businesses to make the same shift. Further, the issuer seeks to acquire additional property interests and assess their potential through exploration.
The forecasts and predictions of an early-stage business are difficult to objectively analyze or confirm. Forward-looking statements represent the opinion of the issuer only and may not prove to be reasonable.
Full legal name: Aeonian Resources Ltd.
Head office address: #330-470 Granville Street, Vancouver, BC V6C 1V4
Telephone: 604-349-2090
Email address: branden@aeonianresources.com
Website URL: www.aeonianresources.com
Full legal name: Branden Haynes
Position held with the issuer: Director and CEO
Business address: #330-470 Granville Street, Vancouver, BC V6C 1V4
Business telephone: 604-817-1595
Business email address: branden@aeonianresources.com
The issuer is an aspirational exploration company whose goal is to make discoveries while leading through change. The issuer aims to create viable exploration opportunities and challenge the “status quo” through means that promote stewardship on the land, contribute towards a stable climate, integrate indigenous ideals whilst moving towards the decolonization of mineral development and building equitable relationships with stakeholders. The issuer’s current focus is the Koocanusa property located near Cranbrook, BC, an early stage copper and silver exploration project. The issuer is driven to find the balance between conservation, development, economic opportunity, and demand. It aims to inspire other businesses to make the same shift. Further, the issuer seeks to acquire additional property interests and assess their potential through exploration.
Does or will the issuer build, design or develop something? Will it sell something produced by others? Will it provide a service?
The issuer intends to explore and develop mineral properties in Canada.
What are the key details about the issuer's industry and operations? What makes the issuer's business special and different from other competitors in the industry?
The principal business carried on and intended to be carried on by the issuer is the exploration of mineral resources on its principal exploration property, the Koocanusa property. Upon completion of a technical report (the “Technical Report”) in compliance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects, the issuer intends to undertake a multi-phase exploration program on the property.
The issuer’s vision is what separates it from the competition by working towards redefining grassroots mineral exploration by shifting the focus of stewardship, inclusivity, and transparency into the earliest of stages of project definition. The issuer intends to select projects based on their scientific merit, progressive jurisdictions, and ability to mitigate impacts. The business model will be built off “adaptive planning”, shifting gears to suit the requirements of communities whilst reacting to changing demands. The issuer will seek to learn as much as it is able to teach, and strive to create projects that are sustainable, providing opportunities at every stage.
What milestones has the issuer already reached and what do they hope to achieve in the next 2 years?
The issuer has achieved the following milestones: (i) acquired the Koocanusa property, which is a land package of over 130sqkms; (ii) completed several rounds of field work ranging from prospecting to soil grids and geophysics. The 2022 field work identified several new zones of interest for copper mineralization. The resulting data is currently being processed and the issuer hopes to have further updates to report in the coming year; (iii) incurred total expenditures of $258,248.69 since 2020, which excludes staking costs and any wages for founders. The funds were raised through its founders and other private sources; (iv) in 2021, Dr. Russell Hartlaub, a sed-copper specialist, conducted preliminary investigations to complete a National Instrument 43-101 report on the Koocanusa project. The issuer is intending to finalize and release the report in 2023; (v) engaged the local community in the Koocanusa area by attending several local community public events to discuss the Koocanusa project and future prospects; (vi) established connections with the local Chamber of Mines, museums and educational facilities to preserve some geological features for displays; (vii) sponsored two students from Cardiff University (Wales, UK) to collect data and compile their thesis while working on site; (viii) launched a highly interactive website with both technical and nonspecialized information. The website has been optimized to increase it searchability and functionality; and (ix) engaged Zimtu Capital Corp for a marketing campaign, Zimtu will provide news release and social media support. The issuer aims to achieve the following in the next 2 years: (i) apply for exploration permits in winter 2022, which would allow for surface disturbance work (drilling and trenching) to occur in 2024, based on the current permit processing times; (ii) engage in in person First Nations outreach in spring 2023 with the Ktunaxa First Nations, due to COVID restrictions this will be the first opportunity to have valuable in person meetings; and (iii) explore the acquisition of property to the west of Koocanusa that has previously been explored and hold a current work permit.
What are the major hurdles that the issuer expects to face in achieving its milestones?
Obtaining the proper permitting. Permit applications are largely driven by government availability to process. The issuer is expecting this process to take about a year, but this timeline is subject to extension and reduction.
How are the funds raised from this financing expected to help the issuer advance its business and achieve one or more of the milestones?
The issuer’s business objectives in using the available funds are to support further studies and advance fieldwork on the Koocanusa property over new target zones in 2023.
Has the issuer entered any contracts that are important to its business?
The issuer has not yet entered into any contracts that are important to its business.
Has the issuer conducted any operations yet?
The issuer commenced field exploration in late 2019 and has incurred a total cost of $258,248.69.
Where does the issuer see its business in 3, 5, and 10 years?
The issuer intends to focus on and advance the Koocanusa property over the next 3 year. Subject to permitting, the issuer intends to complete enough drilling to assess the full potential with a possible resource. The issuer is continually assessing additional properties of merit to bring into the portfolio that can be similarly developed. By the 10 year mark the issuer hopes to have at least one project at an operational stage through partnerships with a major mining company.
What are the issuer's future plans and hopes for its business and how does it plan to get there?
The issuer plans to develop the Koocanusa property through a pre-determined exploration program that includes land surveys and drilling programs on the property.
What is the issuer's management experience in running a business or in the same industry?
Management has extensive experience in resource development as well as an established network of technical specialists that have designed and executed multiple exploration programs.
Does the issuer have business premises from which it can operate its business?
#330-470 Granville Street, Vancouver, BC V6C 1V4
How many employees does the issuer have? How many does it need?
The issuer has currently engaged two contractors and expects to hire additional employees and contractors to carry out its business objectives as operations ramp up.
Indicate whether the issuer is a corporation, a limited partnership, a general partnership, an association (as defined under the Instrument) or other.
Corporation
Indicate the province, territory, or state where the issuer is incorporated or organized.
British Columbia
Issuer's articles of incorporation,
limited partnership agreement, shareholder agreement or
similar documents are available to purchasers at:
The Issuer's certificate of incorporation, notice of articles and articles can be viewed at the Head Office of the Issuer.
Has never conducted operations
Is in the development stage
Is currently conducting operations
Financial statements available
Information for purchasers: If you receive financial statements from an issuer conducting a crowdfunding distribution, you should know that those financial statements have not been provided to or reviewed by a securities regulatory authority or regulator. They are not part of this offering document. You should also consider seeking advice from an accountant or an independent financial adviser about the information in the financial statements.
Describe the number and type of securities of the issuer outstanding as at the date of the offering document. If there are securities outstanding other than the eligible securities being offered, please describe those securities:
3,000,100 Common Shares
Full legal name: Andrew Phillip Randell
Municipality of residence: Vancouver, BC
Position at issuer: Director
Principal occupation for the last five years: Mr. Randell has worked as the Principal Geoscientist at his geological consulting company, SGDS Hive, since 2013. During this time he has acted as lead geologist or VPEx for several exploration companies as well as general geological work and professional (PGeo) support.
Expertise, education, and experience that is relevant to the issuer's business:
Mr. Randell is a Professional Geoscientist (PGeo) registered with the Association of Professional Engineers and Geoscientists in British Columbia (APEGBC).
He has over a decade of experience across a multitude of mineral exploration and mining project types and commodities, specializing in geological mapping, design of exploration projects and drilling programs, geochemical targets, soil sampling, mineralogy and metallurgy. From grass roots to feasibility level projects, he has had experience with all.
He established his own consultancy in 2013, Strata GeoData Services, which has allowed him to broaden his scope and work with other companies and professionals.
Strata GeoData Services has since diversified into three separate, but not exclusive, entities; SGDS Consult, SGDS Workshops and SGDS Hive.
Number and type of securities of the issuer owned: 2,000,100 Common Shares
Date securities were acquired and price paid for the securities: 100 common shares at $0.01 per share – September 15, 2020 2,000,000 common shares at $0.01 per share – March 1, 2022
Percentage of the issuer's securities held as of the date of this offering document: 66.667%
A summary conviction or indictable offence under the Criminal Code (R.S.C., 1985, c. C-46) of Canada:
A quasi-criminal offence in any jurisdiction of Canada or a foreign jurisdiction:
A misdemeanour or felony under the criminal legislation of the United States of America, or any state or territory therein:
An offence under the criminal legislation of any other foreign jurisdiction:
The person's involvement in any securities, insurance, or banking activity
A claim based in whole or in part on fraud, theft, deceit, misrepresentation, conspiracy, breach of trust, breach of fiduciary duty, insider trading, unregistered trading, illegal distributions, failure to disclose material facts or changes, or allegations of similar conduct
(c) is or has been the subject of an order, judgement, decree, sanction or administrative penalty imposed by a discipline committee, professional order or administrative court of Canada or a foreign jurisdiction in the last ten years related to any professional misconduct:
(d) is or has been the subject of a bankruptcy or insolvency proceeding:
(e) is a director or executive officer of an issuer that is or has been subject to a proceeding described in paragraphs (a), (b), (c) or (d) above:
Full legal name: Jasmine Cherian
Municipality of residence: Vancouver, BC
Position at issuer: CFO and Corporate Secretary
Principal occupation for the last five years: Ms. Cherian has worked as an Intermediate Accountant at Harmony Corporate Services for the past 5 years.
Expertise, education, and experience that is relevant to the issuer's business:
Ms. Cherian have over 5 years of experience working in the accounting industry. Currently, in her role as an Intermediate Accountant at Harmony Corporate Services, she performs financial accounting responsibilities and is competent in preparing financial reports while ensuring strict adherence with applicable reporting standards.
She has a Bachelor’s Degree in Business Administration and graduated in 2020 from BCIT with an Advanced Diploma in Professional Accounting. Furthermore, she is a CPA candidate with plans to write her CFE in September of 2022.
Number and type of securities of the issuer owned: N/A
Date securities were acquired and price paid for the securities: N/A
Percentage of the issuer's securities held as of the date of this offering document: N/A
A summary conviction or indictable offence under the Criminal Code (R.S.C., 1985, c. C-46) of Canada:
A quasi-criminal offence in any jurisdiction of Canada or a foreign jurisdiction:
A misdemeanour or felony under the criminal legislation of the United States of America, or any state or territory therein:
An offence under the criminal legislation of any other foreign jurisdiction:
The person's involvement in any securities, insurance, or banking activity
A claim based in whole or in part on fraud, theft, deceit, misrepresentation, conspiracy, breach of trust, breach of fiduciary duty, insider trading, unregistered trading, illegal distributions, failure to disclose material facts or changes, or allegations of similar conduct
(c) is or has been the subject of an order, judgement, decree, sanction or administrative penalty imposed by a discipline committee, professional order or administrative court of Canada or a foreign jurisdiction in the last ten years related to any professional misconduct:
(d) is or has been the subject of a bankruptcy or insolvency proceeding:
(e) is a director or executive officer of an issuer that is or has been subject to a proceeding described in paragraphs (a), (b), (c) or (d) above:
Full legal name: Branden Haynes
Municipality of residence: Vancouver, BC
Position at issuer: Director and CEO
Principal occupation for the last five years: Mr. Haynes, is a director and Chief Executive Officer of the issuer. Prior to his role with the issuer, Mr. Haynes provided investor relations services to various publicly traded companies. Mr. Haynes is also the President and Chief Executive Officer of Hawkmoon Resources Corp.
Expertise, education, and experience that is relevant to the issuer's business:
Mr. Haynes has over 20 years of experience in finance and the junior markets. He graduated from UBC with a Bachelor of Commerce Degree and completed the Canadian Securities Program. Mr. Haynes worked as an Investment Advisor for Octagon Securities from 1997 to 2009. Mr. Haynes has worked with multiple mining companies providing investor relations and market support, including Minefinders, Lomiko Metals, Nexus Gold and Guyana Goldstrike. In addition, Mr. Haynes is the CEO, President and a director of Hawkmoon Resources Corp.
Number and type of securities of the issuer owned: 1,000,000 Common Shares
Date securities were acquired and price paid for the securities: 1,000,000 common shares at $0.01 per share – April 1, 2022
Percentage of the issuer's securities held as of the date of this offering document: 33.333%
A summary conviction or indictable offence under the Criminal Code (R.S.C., 1985, c. C-46) of Canada:
A quasi-criminal offence in any jurisdiction of Canada or a foreign jurisdiction:
A misdemeanour or felony under the criminal legislation of the United States of America, or any state or territory therein:
An offence under the criminal legislation of any other foreign jurisdiction:
The person's involvement in any securities, insurance, or banking activity
A claim based in whole or in part on fraud, theft, deceit, misrepresentation, conspiracy, breach of trust, breach of fiduciary duty, insider trading, unregistered trading, illegal distributions, failure to disclose material facts or changes, or allegations of similar conduct
(c) is or has been the subject of an order, judgement, decree, sanction or administrative penalty imposed by a discipline committee, professional order or administrative court of Canada or a foreign jurisdiction in the last ten years related to any professional misconduct:
(d) is or has been the subject of a bankruptcy or insolvency proceeding:
(e) is a director or executive officer of an issuer that is or has been subject to a proceeding described in paragraphs (a), (b), (c) or (d) above:
Full legal name: Mark Luchinski
Municipality of residence: New Westminster, BC
Position at issuer: Director
Principal occupation for the last five years: Mr. Luchinski was an independent contractor for Falcon Gold Corp from February 2020 to May 2022. He also served a director of Marvel Discovery Corp from September 2020 to May 2022. He is currently the CFO of both CMC Metals Inc and Highbank Resources Ltd, since June 2021 and July 2022, respectively.
Expertise, education, and experience that is relevant to the issuer's business:
Mark Luchinski has over 20 years of capital market experience, having worked in both public and private sectors as an Officer and Director on several companies. Mr. Luchinski is a graduate from the University of Victoria. He is well versed in corporate governance, finance, compliance, and the administration of publicly traded companies.
Number and type of securities of the issuer owned: N/A
Date securities were acquired and price paid for the securities: N/A
Percentage of the issuer's securities held as of the date of this offering document: N/A
A summary conviction or indictable offence under the Criminal Code (R.S.C., 1985, c. C-46) of Canada:
A quasi-criminal offence in any jurisdiction of Canada or a foreign jurisdiction:
A misdemeanour or felony under the criminal legislation of the United States of America, or any state or territory therein:
An offence under the criminal legislation of any other foreign jurisdiction:
The person's involvement in any securities, insurance, or banking activity
A claim based in whole or in part on fraud, theft, deceit, misrepresentation, conspiracy, breach of trust, breach of fiduciary duty, insider trading, unregistered trading, illegal distributions, failure to disclose material facts or changes, or allegations of similar conduct
(c) is or has been the subject of an order, judgement, decree, sanction or administrative penalty imposed by a discipline committee, professional order or administrative court of Canada or a foreign jurisdiction in the last ten years related to any professional misconduct:
(d) is or has been the subject of a bankruptcy or insolvency proceeding:
(e) is a director or executive officer of an issuer that is or has been subject to a proceeding described in paragraphs (a), (b), (c) or (d) above:
Name of the funding portal the issuer is using to conduct its start-up crowdfunding distribution:
Vested Technology Corp. (Vested.ca)
List the name of all the participating jurisdictions (Canadian province or territory) where the issuer intends to raise funds and make this offering document available:
British Columbia, Alberta, Ontario
The date before which the issuer must have raised the minimum offering amount for the closing of the distribution (no later than 90 days after the date this offering document is made available on the funding portal):
90 days after the date on this offering document
The date(s) and description of any amendment(s) made to this offering document, if any:
N/A
Type of securities being offered: Special Warrants
Voting rights: The Special Warrants do not carry the right to vote. However, each common share issuable upon conversion of the Special Warrants entitles the holder to notice of, and to attend and vote at, each meeting of shareholders on the basis of one vote for each common share held.
Dividends: Holders of Special Warrants are not entitled to receive dividends. Dividends may be paid on common shares from available net income if and when declared by the directors of the Issuer.
Rights on dissolution: Holders of Special Warrants are not entitled to participate in the allocation and distribution of assets upon the dissolution or liquidation of the Issuer. All common shares entitle the holders to participate rateably in the allocation and distribution of assets upon the dissolution or liquidation of the Issuer.
Conversion rights (describe what each security is convertible into): The Special Warrants automatically convert into units of the Issuer on a one to one basis (i) at the discretion of the holder, (ii) upon the issuance by a Canadian securities regulatory authority of a receipt for a final prospectus qualifying the issuance of the common shares upon conversion of the special warrants or (iii) on that date that is 12 months from the date of issuance of the Special Warrants. Each unit will be composed of one common share and one common share purchase warrant. Each common share purchase warrant will be exercisable into one common share until the date that is two (2) years from the date the issuer’s common shares commence trading on a Canadian securities exchange (the “Listing Date”) at a price of $0.10 until the one-year anniversary of the Listing Date and at $0.25 thereafter. Investors are advised to consult their own legal advisors in this regard.
Tag-along rights: N/A
Drag-along rights: N/A
Pre-emptive rights: N/A
Other:
N/A
Summary of any other material
restrictions or conditions that attach to the eligible
securities being offered, such as tag-along, drag along or
pre-emptive rights:
N/A
Total Amount ($) | Total number of eligible securities issuable | |
Minumum offering amount | $5,000 | 100,000 |
Maximum offering amount | $1,500,000 | 30,000,000 |
Price per eligible security | 0.05 |
Minimum investment amount per purchaser: $100
Note: The minimum offering amount stated in this offering document may be satisfied with funds that are unconditionally available to Aeonian Resources Ltd. that are raised using other prospectus exemptions.
The amount of funds previously raised:
$30,001
How the issuer raised those funds:
Issuance of common shares
If the funds were raised by issuing securities, the prospectus exemption that the issuer relied on to issue those securities:
2.4 of NI 45-106
How the issuer used those funds:
General working capital
Description of intended use of funds listed in order or priority: | Total amount ($) | |
Assuming minimum offering amount | Assuming maximum offering amount | |
General Working Capital | $4,750 | $1,425,000 |
Portal Fees | $250 | $75,000 |
TOTAL | $5,000 | $1,500,000 |
Details for each start-up crowdfunding distribution in which the issuer and each promoter, director, officer and control person of the issuer have been involved in any of the participating jurisdictions in the past five years:
The full legal name of the issuer that made the distribution: N/A
The name of the funding portal: N/A
Whether the distribution successfully closed, was withdrawn by the issuer or did not close because the minimum offering amount was not reached and the date on which any of these occurred: N/A
The commission, fee and any other
amounts expected to be paid by the issuer to the funding
portal for this start-up crowdfunding distribution:
1. Compensation: 1.1 In consideration of the Services, Issuer agrees to pay to Vested the following fees: (a) Set-Up Fee: Vested charges a one-time Set-Up fee (the “Set-Up Fee”) in the amount of $5,000. The Set-Up Fee is refundable upon meeting the crowdfunding minimum raise amount of $5,000. If the crowdfunding minimum is not met, Vested will retain the Set-Up Fee. The fee shall be credited to the final payment proceeds at closing. (b) Portal Fee: Portal fee (the “Portal Fee”) shall be calculated as 5% of the aggregate amount of actual gross proceeds raised in the Offering (“Offering Proceeds”); payable upon each date funds are released to Issuer and automatically deducted from the Subscription Amounts pursuant to section 5.1 above. (c) Payment Processing Fees: Payment processing fees (the “Processing Fees”) calculated as 2.9% of Offering Proceeds and further $0.30 per each Investor Subscription plus $200 for filing the 45-106F1 report with the BCSC shall be charged by Vested and/or its third-party payment processor and be automatically deducted from the Subscription Amounts released to the Issuer. The Processing Fees are subject to change without notice. (d) Compensation Special Warrants: Issuer shall issue to Vested, at Offering Close, 200,000 Compensation Special Warrants (the "Compensation Special Warrants"). (collectively, the "Fees").
Order of importance, starting with the
most important, the main risks of investing in the issuer's
business for the purchasers:
Investment in the Special Warrants is highly speculative given the proposed nature of the Issuer’s business and its present stage of development. The following are risk factors associated with the Issuer, but are not intended to be all inclusive: (a) The Issuer was only recently incorporated, has not commenced commercial operations, and has no assets other than cash. It has no history of earnings and will not generate earnings or pay dividends in the near future. (b) Investment in the Special Warrants is highly speculative given the proposed nature of the Issuer’s business and its present stage of development. (c) The directors and officers of the Issuer will only devote a portion of their time to the business and affairs of the Issuer and some of them are or will be engaged in other projects or businesses such that conflicts of interest may arise from time to time. (d) There can be no assurance that the Issuer will be successful in filing a prospectus, in which case the Special Warrants will have no economic value. The Special Warrants are subject to an indefinite hold period and the investor may have no ability to sell its Special Warrants. (e) If the Special Warrants are converted to common shares, there can be no assurance that an active and liquid market for the Issuer’s common shares will develop and an investor may find it difficult to resell its common shares. (f) Any transaction may be financed in all or part by the issuance of additional securities by the issuer and this may result in dilution to the investor, which dilution may be significant and which may also result in a change of control of the Issuer. (g) Resource exploration and development is a speculative business, characterized by a number of significant risks including, among other things, market fluctuations, the proximity and capacity of milling facilities, mineral markets, processing equipment, and changes in environmental, safety and government regulations. (h) The issuer does not currently have any revenue producing operations and may, from time to time, report a working capital deficit. The issuer has no history of earnings and, due to the nature of its business, there can be no assurance that the issuer will be profitable. The issuer has paid no dividends on its common shares since incorporation and does not anticipate doing so in the foreseeable future. (i) There is currently no market through which the issuer’s securities may be sold. There can be no assurance that the issuer will be successful in filing a prospectus, in which case the Special Warrants will have no economic value. The Special Warrants, warrants and common shares are subject to an indefinite hold period and the purchasers may have no ability to sell their Special Warrants, warrants or common shares. There can be no assurance that an active and liquid market for the common shares will develop and purchasers may find it difficult to resell their common shares. (j) No assurances can be given that minerals will be insufficient quantities to justify commercial operations or mineral deposits that, though present, are sufficient in quantity and quality to return a profit from production. (k) In the course of exploration, development and production of mineral properties, certain risks, including rock bursts, cave-ins, fires, flooding and earthquakes may occur. It is not always possible to fully insure against such risks. (l) Prices for rare earth element and metals fluctuate on a daily basis, have historically been subject to wide fluctuations and are affected by numerous factors beyond the control of the issuer. Currency fluctuations may affect the cash flow which the issuer may realize from its operations. (m) The success of the issuer is currently largely dependent on the performance of its directors and officers. The directors and officers of the issuer will only devote a portion of their time to the business and affairs of the issuer and some of them are or will be engaged in other projects or businesses such that conflicts of interest may arise from time to time. Conflicts, if any, will be dealt with in accordance with the relevant provisions of the Business Corporations Act (British Columbia). (n) Subsequent issuances of securities, including common shares and stock options, will result in a substantial dilution of the equity interests of existing shareholders and may result in a change of control of the issuer. (o) Income tax consequences in relation to the Special Warrants and common shares will vary according to the circumstances by each purchaser. Purchasers should seek independent advice from their own tax and legal advisors. (p) Reduction in credit, combined with reduced economic activity and the fluctuations in global currencies, may adversely affect businesses and industries that purchase rare earth elements and commodities, affecting prices for such rare earth elements or commodities in more significant and unpredictable ways than the normal risks associated with commodity prices. The availability of services such as drilling contractors and geological service companies and/or the terms on which these services are provided may be adversely affected by the economic impact on the service providers. As a result of these factors, an investment in the Special Warrants is only suitable for those investors who are willing to rely solely on the management of the Issuer and who can afford to lose their entire investment. Those investors who are not prepared to do so should not invest in the Special Warrants.
We do not currently have the financial resources to pay [interest, dividends or distributions] to investors. There is no assurance that we will ever have the financial resources to do so.
Nature and frequency of any disclosure
of information the issuer intends to provide to purchasers
after the closing of the distribution and explain how
purchasers can access this information:
The Issuer does not anticipate providing purchasers with any additional disclosure, except as may be required under applicable laws.
If the issuer is required by corporate legislation, its constating documents (e.g., articles of
incorporation or by-laws) or otherwise to provide annual financial statements or an
information circular/proxy statements to its security holders, state that fact.
The issuer is obligated to provide annual financial statements and an information circular to its security holders.
If the issuer is aware, after making reasonable inquiries, of any existing voting trust agreement among certain shareholders of the issuer, provide the information:
The number of shareholders party to the agreement: N/A
The percentage of voting shares of the issuer subject to the agreement: N/A
The name of the person acting as a trustee: N/A
Whether the trustee has been granted any additional powers: N/A
Whether the agreement is limited to a specified period of time: N/A
The securities you are purchasing are subject to a resale restriction. You might never be able to resell the securities.
Rights of Action in the Event of a Misrepresentation
If there is a misrepresentation in this offering document, you have a right:
a) to cancel your agreement with Aeonian Resources Ltd. to buy these securities, or
b) to damages against Aeonian Resources Ltd. and may, in certain jurisdictions, have the statutory right to damages from other persons.
These rights are available to you whether or not you relied on the misrepresentation. However, there are various circumstances that limit your rights. In particular, your rights might be limited if you knew of the misrepresentation when you purchased the securities.
If you intend to rely on the rights described in paragraph (a) or (b) above, you must do so within strict time limitations.
Two day cancellation right:
You may cancel your agreement to purchase these securities. To do so, you must send a notice to the funding portal not later than midnight on the second business day after you enter into the agreement. If there is an amendment to this offering document, you can cancel your agreement to purchase these securities by sending a notice tothe funding portal not later than midnight on the second business day after the funding portal provides you notice of the amendment.
About:
Mr. Randell is a Professional Geoscientist (PGeo) registered with the Association of Professional Engineers and Geoscientists in British Columbia (APEGBC).
He has over a decade of experience across a multitude of mineral exploration and mining project types and commodities, specializing in geological mapping, design of exploration projects and drilling programs, geochemical targets, soil sampling, mineralogy and metallurgy. From grass roots to feasibility level projects, he has had experience with all.
He established his own consultancy in 2013, Strata GeoData Services, which has allowed him to broaden his scope and work with other companies and professionals.
Strata GeoData Services has since diversified into three separate, but not exclusive, entities; SGDS Consult, SGDS Workshops and SGDS Hive.
About:
Ms. Cherian have over 5 years of experience working in the accounting industry. Currently, in her role as an Intermediate Accountant at Harmony Corporate Services, she performs financial accounting responsibilities and is competent in preparing financial reports while ensuring strict adherence with applicable reporting standards.
She has a Bachelor’s Degree in Business Administration and graduated in 2020 from BCIT with an Advanced Diploma in Professional Accounting. Furthermore, she is a CPA candidate with plans to write her CFE in September of 2022.
About:
Mr. Haynes has over 20 years of experience in finance and the junior markets. He graduated from UBC with a Bachelor of Commerce Degree and completed the Canadian Securities Program. Mr. Haynes worked as an Investment Advisor for Octagon Securities from 1997 to 2009. Mr. Haynes has worked with multiple mining companies providing investor relations and market support, including Minefinders, Lomiko Metals, Nexus Gold and Guyana Goldstrike. In addition, Mr. Haynes is the CEO, President and a director of Hawkmoon Resources Corp.
About:
Mark Luchinski has over 20 years of capital market experience, having worked in both public and private sectors as an Officer and Director on several companies. Mr. Luchinski is a graduate from the University of Victoria. He is well versed in corporate governance, finance, compliance, and the administration of publicly traded companies.
0 Investors Needed
Offering up to 30,000,000 Special Warrants at $ 0.05
Minimum Investment: $100
Funding Closed
129 Investors (Seeking 120)
This project will only be financed if at least $5,000 is raised by Jan 27, 2023
Note: All funds are expressed in Canadian dollars.