VOLATUS AEROSPACE CORP. Formerly, Partner Jet Corp. Announces the closing of the Reverse Takeover Transaction and Completion of Name Change

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TORONTO, Dec. 22, 2021 (GLOBE NEWSWIRE) -- Volatus Aerospace Corp., formerly Partner Jet Corp. (TSXV: VOL) (the “Corporation”) is pleased to announce that it has closed its previously announced business combination with a private company (“Target”), formerly known as Volatus Aerospace Corp. As previously announced on June 30, 2021, the Corporation and Target entered into an amalgamation agreement dated June 30, 2021 (the “Amalgamation Agreement”) pursuant to which the parties agreed to a non-arm’s length transaction resulting in the reverse takeover of the Corporation by the shareholders of the Target (the “Transaction”), which Transaction closed on December 22, 2021 (the “Effective Date”).