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Volatus Aerospace Inc. Completes $4.8 Million “Bought Deal” Private Placement
Volatus Aerospace Inc. (TSXV: FLT; OTCQX: TAKOF; Frankfurt: ABB), a leader in innovative global aerial solutions for intelligence and cargo, completed a bought deal private placement offering of 9,288,462 units at a price of $0.52 per unit for gross proceeds of $4,830,000. Each unit consisted of one common share and one-half of one common share purchase warrant.
The offering was led by Ventum Financial Corp. as underwriter and sole bookrunner.
With over 100 years of combined institutional knowledge in aviation, Volatus provides comprehensive solutions using both piloted and remotely piloted aircraft systems for a wide array of industries, including oil and gas, energy utilities, healthcare, public safety and infrastructure.
Wildeboer Dellelce LLP acted for Volatus in connection to the offering with a team comprised of Rory Cattanach, Al Wiens , Ana Savic and Zehra Irfan (corporate/securities).
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