Avanti Energy Inc. is pleased to announce that it has appointed Genga Nadaraju as Vice President, Subsurface Geology. Ms. Nadaraju will oversee the exploration and development operations on the Company's helium projects. Ms. Nadaraju is a leader with 25 years of diverse professional experience in the oil and gas industry, including business development, asset exploitation/development, strategic planning, investor [...]
Avanti Energy Inc. is pleased to announce that it has now acquired over 6,000 acres under licenses from the government of Alberta. The property is highly prospective for helium and contains wells that were originally drilled for oil and natural gas. Highlights: A previously abandoned natural gas well on the property, drilled by a Canadian major oil and gas company, showed 2.18 % helium and 96% nitrogen in the Cambrian [...]
Avanti Energy Inc. is pleased to announce that it has closed its previously announced non-brokered private placement by issuing 5,000,000 common shares at a price of $1.00 per share for gross proceeds of $5,000,0000 . "We would like to welcome our new shareholders who participated in the fully subscribed $5 million financing and thank existing shareholders who continue to support Avanti," stated President & CEO, Rob [...]
Avanti Energy Inc. is pleased to announce a non-brokered private placement financing of up to 5,000,000 common shares at a price of $1.00 per common share for gross proceeds of up to $5,000,000 . The securities issued under the Offering will be subject to restrictions on resale for a period of four months from the date of issue. The Company may pay finders a fee in cash and/or warrants under the Offering. The proceeds of [...]
Avanti Energy has arranged a non-brokered private placement of units to raise up to $500,000. Proceeds of the offering will be used for general working capital purposes. The private placement Offering will be by way of a subscription agreement of up to 7,145,000 units $0.07 per unit. Each Unit shall consist of one common share and one common share purchase warrant. Each warrant shall be exercisable into one common share [...]
Vancouver, British Columbia--(Newsfile Corp. - October 19, 2016) - Avanti Energy Inc. (TSXV: AVN) ("Avanti" or the "Company"), is pleased to provide a progress report on the Colle Santo gas field development permitting process. The Company's application with the Ministry of Industry to convert the Colle Santo exploration permit into a production concession license was submitted on April 18, 2016, followed by a full [...]
VANCOUVER, BC / ACCESSWIRE / September 15, 2016 / Avanti Energy Inc. (TSXV: AVN) ("Avanti" or the "Company"), is pleased to announce that it has closed the non-brokered private placement announced August 12, 2016 for gross proceeds of $500,000. The Company issued secured, convertible, redeemable debentures in the principal amount of $500,000 (the "Debentures"). The Debentures will mature June 30, 2019, carry an interest [...]
Vancouver, British Columbia--(Newsfile Corp. - August 12, 2016) - Avanti Energy Inc. (TSXV: AVN) ("Avanti" or the "Company"), is pleased to announce that it has arranged a non-brokered private placement of convertible, redeemable debentures in the principal amount of up to $500,000 (the "Debentures"). Closing of the private placement is expected to take place in tranches commencing later in August 2016. The Debentures [...]
Vancouver, British Columbia--(Newsfile Corp. - June 27, 2016) - Avanti Energy Inc. (TSXV: AVN) ("Avanti" or the "Company") is pleased to announce that Avanti Energy Inc.'s Italian subsidiary, CMI Energia SpA (CMI) has completed its environmental impact study for the Colle Santo block in Central Italy, and has now formally submitted the study to the Ministry of Environment for review and approval. CMI managing director [...]
Vancouver, British Columbia--(Newsfile Corp. - April 26, 2016) - Avanti Energy Inc. (TSXV: AVN) ("Avanti" or the "Company") announced today that it has filed an updated Reserve and Economic Evaluation - Gas Property on the Colle Santo Gas Concession in Abruzzo, Italy. Avanti through its wholly-owned subsidiary, CMI Energia S.p.A., is the Operator of the project and has a net 33.3% interest in the concession. The [...]
Vancouver, British Columbia--(Newsfile Corp. - April 19, 2016) - Avanti Energy Inc. (TSXV: AVN) ("Avanti" or the "Company") is pleased to announce that its Italian subsidiary CMI Energia S.p.A ("CMI") has submitted its development plan to the Ministry of Economic Development for the Company's Colle Santo block in onshore Central Italy. CMI's Managing Director, Mark Frascogna commented: "The formal submission of the [...]
VANCOUVER, BC / ACCESSWIRE / March 14, 2016 / Avanti Energy Inc. (TSXV: AVN) ("Avanti" or the "Company") is pleased to announce that effective March 11, 2016, the Company has closed the second tranche of the private placement announced January 18, 2016. In the second tranche, Avanti has issued 2,550,000 Units at $0.10 per Unit [US$0.07] for proceeds of $255,000. Each Unit is comprised of one common share and one-half of one [...]