Avanti Helium Corp.

Avanti Helium Corp. is pleased to confirm that its non-brokered private placement of units of the Company at a price of $0.60 per Unit, for gross proceeds of up to $1,000,000 is fully subscribed. Each Unit will be comprised of one common share and one share purchase warrant , with each Warrant entitling the holder to purchase one additional share at a price of $0.70 per share for a period of one year from the date of [...]

Avanti Helium Corp. is pleased to announce a non-brokered private placement financing of up to 1,666,667 units at a price of $0.60 per Unit, for total proceeds of up to $1,000,000 . Each Unit under the Offering will consist of one common share and one share purchase warrant , with each Warrant entitling the holder to purchase one additional share at a price of $0.70 per share for a period of one year from the date of [...]

Avanti Helium Corp. is pleased to announce that it has appointed Genga Nadaraju, MSc., to the Company's board of directors to serve as a non-independent board member effective immediately. Following her 25-year tenure at Encana Corporation , Ms. Nadaraju joined Avanti in 2021, as VP Subsurface. She also has served as a board member for the Canadian Energy Geoscience Association from 2021-22. In addition to being a board [...]

Avanti Helium Corp. is pleased to report that following the announcement of the agreement for third-party construction and ownership of the Helium Recovery Unit to produce the Sweetgrass discovery , the Company is now able to aggressively move forward to achieve its commercial production. "As the major pieces are being put in place for Avanti to becoming a helium producer, we look forward to helium offtake contracts and [...]

Avanti Helium Corp. is pleased to announce that it has signed a midstream agreement to commercialize and achieve cashflow at the Sweetgrass Pool within its Greater Knappen asset. Helium Recovery Plant Avanti has signed a binding midstream agreement with IACX Resources Montana LLC a subsidiary of industry leader IACX Energy to build, finance and operate a Helium recovery plant to process the raw gas from Avanti's [...]

Avanti Helium Corp. is pleased to provide an operational update on its Sweetgrass Project within its Greater Knappen asset. Land Secured for Helium Recovery Plant Avanti is pleased to announce it has secured 40 acres of land in Liberty County, Montana which is expected to be the site of the Company's Helium Recovery Unit that will process raw gas from the WNG 10-21, and WNG 11-22 wells. The site is located ~3-4 miles from [...]

Avanti Helium Corp. is pleased to announce that it has received an updated contingent resource estimate from McDaniel & Associates Ltd. dated January 31, 2023. The updated total unrisked P50 contingent resource estimate for the Sweetgrass Pool in Greater Knappen has increased by 22% to 221MMcf of net recoverable helium. Table 1 - Sweetgrass Pool Contingent Helium Resources & Greater Knappen Prospective Resource as of [...]

Avanti Helium Corp. is pleased to announce that it has received the lab results from the gas analysis from the Flathead Cambrian Zone at its WNG 10-21 Helium appraisal well in Greater Knappen, Montana. The lab results showed the gas consisted of 1.15%-1.2% Helium, with ~97.5% Nitrogen, and minor showings of Methane and CO2 making up the remainder. Additional gas samples will be sent to a more specialized lab to determine [...]

CALGARY, AB, Feb. 8, 2023 /CNW/ - Avanti Helium Corp. , is pleased to announce, further to the completion of its overnight marketed best efforts public offering of 9,035,665 units of the Company at a price of $0.70 per Unit for aggregate gross proceeds of $6,324,966 on February 6, 2023, it has received approval of its application to list the 4,517,832 common share purchase warrants partially comprising the Units on the [...]

Avanti Helium Corp. is pleased to announce the closing of its previously announced overnight marketed best efforts public offering of units of the Company at a price of $0.70 per Unit, for aggregate gross proceeds of $6,324,965. Each Unit consists of one common share in the capital of the Company and one half of one transferable Common Share purchase warrant . Each Warrant entitles the holder to purchase one Common Share [...]