Chile mining

Aero Energy agreed on Dec 9, 2025 to sell 100 % of RIO Explorations SpA, which holds Chile’s Dorado and Cordillera gold projects, to Batik Resources for $3.6 million. Payment consists of $700,000 cash at closing (≈Dec 17, 2025) net of Chilean withholding tax and $2.9 million in Batik shares issued when Batik completes a public listing by Oct 31, 2026; if the listing fails, Aero can demand the RIO shares back at no cost. Aero also plans a 1‑for‑10 share consolidation and has issued 295,750 finder warrants at $0.11, exercisable until Nov 14, 2026.