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American Aires Inc : American Aires Announces Option Grant
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American Aires Inc : American Aires Corporate Update
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American Aires Inc.: American Aires Announces Private Placement
Company or
Aires ) is pleased to announce that it intends to complete a non-brokered private placement (the
Private Placement ) for gross proceeds of up to $5,000,000 through the issuance of up to 33,333,333 units (the
Units ) at a price of $0.15 per Unit. Each Unit is comprised of one (1) common share in the capital of the Company (
Common Share ) and one (1) transferable Common Share purchase warrant (
Warrant ). Each Warrant entitles the holder thereof to acquire one (1) Common Share to be issued on the due exercise of the Warrants (each, a
Warrant Share ) at a price of $0.30 per Warrant Share for twenty-four (24) months from the date of the closing of the Private Placement, subject to an Acceleration event (as defined and described below). The expiry date of the Warrants may be accelerated by the Company at any time following the date that is four (4) months from the closing of the Private Placement
American Aires Inc. Responds to OTC Markets Request on Recent Promotional Activity
Toronto, Ontario (Newsfile Corp. - April 16, 2021) - American Aires Inc. (CSE: WIFI) (the
Company ) announces that it has been requested by OTC Markets Group Inc. ( OTC Markets ) to issue this statement about promotional activity concerning its common stock.
On Tuesday, April 13, 2021, OTC Markets informed the Company that it became aware of certain promotional activities concerning the Company and its common stock traded on the OTCQB Marketplace, specifically the distribution of promotional emails by third-party service provider engaged by Emerging Markets Consulting, LLC ( EMC ) discussing the harmful effects of electromagnetic radiation on the human body, the Company s products and potential ability of these products to reduce these harmful effects and to make the subscribers aware of the company s its products and opportunity. EMC is engaged by the Company on a project to project basis.
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