Avanti Energy is pleased to announce that effective February 4, 2016, the Company has closed the first tranche of the private placement announced January 18, 2016. Avanti has issued 1,350,000 Units at $0.10 per Unit [US$0.07] for proceeds of $135,000. Each Unit is comprised of one common share and one-half of one transferable share purchase warrant. Each whole warrant is exercisable into one common share at $0.15 per share until [...]
Avanti Energy is pleased to provide shareholders with a general corporate update. The Company is pleased to announce that Mr. John McIntyre has accepted the position of Chairman of the Board of Director. John has served the Company well as President and CEO and will continue his involvement with the Company in the new role of Chairman.
Avanti Energy is undertaking a non-brokered private placement to raise up to $500,000 through the issuance of up to 5,000,000 Units of the Company at a price of CDN $0.10 or US$0.07 per Unit. Each Unit will consist of one common share and one half of one common share purchase warrant. Each such Warrant will entitle the holder to purchase one common share of the Company for a period of twelve months from the closing date [...]
Avanti Energy is pleased to announce that the Company has successfully completed its 2015 Annual General Meeting, held December 21, 2015, in Vancouver. At the meeting, shareholders voted to adjust the size of the Board of Directors from eight members to seven. Subsequent to that decision, a motion was made to nominate an additional director candidate, Mr. David Leishman, a former director of the Company. A vote was held [...]
Avanti Energy is pleased to announce that its Italian subsidiary CMI Energia has signed a long term gas sales agreement with Shell Energy Europe Limited for its future gas production in Italy. Shell Energy Europe is a major integrated marketing and trading company, supplying energy across Europe. Shell provides businesses with advanced and high value solutions for energy assets and commodities, including natural gas [...]
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