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American Aires Pronounces Submitting of Annual Monetary Statements, Offers Replace on Stop Commerce Order and Resignation of Director

Toronto, Ontario–(Newsfile Corp. – November 3, 2022) – American Aires Inc. (CSE: WIFI) (OTCQB: AAIRF) (the “Firm” or “Aires“) declares that, additional to its earlier press releases of Might 9, 2022, June 23, 2022, August 2, 2022, August 26, 2022, September 21, 2022 and October 21, 2022, the Firm is happy to announce that’s has filed its audited annual monetary statements, administration dialogue and evaluation and certificates of the Chief Govt Officer and Chief Monetary Officer (collectively, the “Annual Steady Disclosure Paperwork“) which had been resulting from be filed on Might 2, 2022. The Annual Steady Disclosure Paperwork may be accessed underneath the Firm’s profile at www.sedar.com.

The Firm anticipates submitting the interim monetary statements, administration dialogue and evaluation and certificates of the Chief Govt Officer and Chief Monetary Officer for the interval ended March 31, 2022, which had been resulting from be filed on Might 30, 2022, and the interim monetary statements, administration dialogue and evaluation and certificates of the Chief Govt Officer and Chief Monetary Officer for the interval ended June 30, 2022, which had been resulting from be filed on August 29, 2022 (collectively, the “Interim Steady Disclosure Paperwork“) in the end.

The Ontario Securities Fee (the “OSC“) issued a failure to file stop commerce order (“CTO“) in opposition to the Firm on Might 6, 2022, which orders that common buying and selling, whether or not direct or oblique, of the securities of the Firm stop. A replica of the CTO has been posted to the OSC web site.

Following the submitting of the Interim Steady Disclosure Paperwork, the Firm will file a revocation utility to revoke the CTO. The Firm will present additional updates as they grow to be out there.

As well as, the Firm declares the resignation of Chris Irwin as a director of the Firm. The Firm want to thank Mr. Irwin for his contributions to the Firm and needs him the most effective in his future endeavors.

About American Aires Inc.

American Aires Inc. is a Canadian-based nanotechnology firm which has developed proprietary silicon-based microprocessors that scale back the dangerous results of electromagnetic radiation (EMR). The know-how was developed by a group of extremely accredited scientists and confirmed by impartial third-party validation together with peer-reviewed research and publications in scientific journals. Aires’ Lifetune merchandise particularly goal EMR emitted by shopper digital units equivalent to cellphones, computer systems, child screens, Wi-Fi radiation, together with the quickly increasing next-generation high-speed 5G networks. Aires is listed on the CSE underneath ticker ‘WIFI’ and on the OTCQB underneath the image ‘AAIRF’. Be taught extra at www.airestech.com.

On behalf of the board of administrators

Firm Contact:

Dimitry Serov, CEO
Electronic mail: dimitry@airestech.com
Phone: (905) 482-4667
Web site: www.airestech.com

Neither the Canadian Securities Trade nor its Market Regulator (as that time period is outlined within the insurance policies of the Canadian Securities Trade) accepts duty for the adequacy or accuracy of this launch.

Ahead-Trying Data

This information launch accommodates aheadwanting statements and aheadwanting data throughout the which means of relevant securities legal guidelines. These statements relate to future occasions or future efficiency. All statements apart from statements of historic reality could also be aheadwanting statements or data. Extra significantly and with out limitation, this information launch accommodates aheadwanting statements and knowledge relating, the potential future acquisitions of the Firm and the completion of the Providing. The aheadwanting statements and knowledge are based mostly on sure key expectations and assumptions made by administration of the Firm. Though administration of the Firm believes that the expectations and assumptions on which such forward-looking statements and knowledge are based mostly are affordable, undue reliance shouldn’t be positioned on the aheadwanting statements and knowledge since no assurance may be on condition that they may show to be right.

Ahead-looking statements and knowledge are supplied for the aim of offering details about the present expectations and plans of administration of the Firm regarding the long run. Readers are cautioned that reliance on such statements and knowledge might not be applicable for different functions, equivalent to making funding choices. Since aheadwanting statements and knowledge deal with future occasions and situations, by their very nature they contain inherent dangers and uncertainties. Precise outcomes might differ materially from these presently anticipated resulting from numerous components and dangers. Accordingly, readers mustn’t place undue reliance on the aheadwanting statements and knowledge contained on this information launch. Readers are cautioned that the foregoing listing of things just isn’t exhaustive. The aheadwanting statements and knowledge contained on this information launch are made as of the date hereof and no endeavor is given to replace publicly or revise any aheadwanting statements or data, whether or not because of new data, future occasions or in any other case, until so required by relevant securities legal guidelines. The forward-looking statements or data contained on this information launch are expressly certified by this cautionary assertion.

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To view the supply model of this press launch, please go to https://www.newsfilecorp.com/release/142877

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