Aston Bay Holdings Ltd. announced that it has entered into an agreement with agent, Cantor Fitzgerald Canada Corporation who has agreed to sell, on a commercially reasonable ?best efforts? private placement basis up to 26,315,789 units of the company at a price of CAD 0.19 per unit for aggregate gross proceeds of CAD 4,999,999.91 on September 5, 2023. Each Unit will be comprised of one common share of the company and one Common Share purchase warrant. Each warrant will entitle the holder thereof to purchase one Common Share at an exercise price of CAD 0.29 for 24 months following the completion  of the LIFE offering.  The securities to be offered pursuant to the LIFE Offering, and sale of the additional units, have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended.

The company has received CAD 80,000 pursuant to Regulation D and included participation from 2 investors.