Avanti Helium Corp. , is pleased to announce that it has commenced an overnight marketed public offering of units of the Company, seeking to raise gross proceeds of approximately $5 million. Each Unit will be comprised of one common share of the Company and one-half of one common share purchase warrant . The number of Units to be distributed, the price of each Unit, and the exercise price of each Warrant will be [...]
Avanti Helium Corp. is pleased to announce that the WNG 10-21 Helium appraisal well has now been completed and the final total gas rate from the Flathead Cambrian Zone has been measured in excess of 20 million cubic feet/day at 1,250psi surface pressure after 72 hours of cleanup. The well, located at the Company's Greater Knappen, Montana project was flowed up 7" casing through a 1" choke. Avanti CEO Chris Bakker [...]
CALGARY, AB, Dec. 6, 2022 /CNW/ - Avanti Helium Corp. is pleased to announce that it has successfully finished the drilling phase of its appraisal well, WNG 10-21, on its Greater Knappen project, located in Montana. The WNG 10-21 well encountered helium bearing gas in both the Souris River and Flathead zones. "We are very encouraged with the helium shows in WNG 10-21, and the potential of this appraisal well," commented [...]
Avanti Helium Corp. is pleased to announce the Company has spud its third helium well, WNG 10-21, an appraisal well on its Greater Knappen property, located in Montana. The WNG 10-21 will be drilled to a depth of approximately ~5,500 feet and will target both the Flathead Cambrian Sandstone and Souris River zones for helium production. The WNG 10-21 appraisal well is approximately 1 kilometre west and 50 metres down dip [...]
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 $0.66 per Unit, for aggregate gross proceeds of $6,440,000. Each Unit consists of one common share in the capital of the Company and one transferable Common Share purchase warrant . Each Warrant entitles the holder to purchase one Common Share at an [...]
Avanti Helium Corp. , is pleased to announce an increase in the previously announced overnight marketed best efforts public offering of units of the Company . Due to increased demand, the Offering, which is being conducted on a "best efforts" agency basis, has been increased up to 8,484,848 Units at a price of $0.66 per Unit for aggregate gross proceeds of up to $5,600,000. Each Unit will consist of one common share in [...]
Avanti Helium Corp. , is pleased to announce the pricing and terms of its previously announced overnight marketed best efforts public offering of units of the Company . The Offering is being conducted on a "best efforts" agency basis for the issuance of 7,575,758 Units at a price of $0.66 per Unit, for gross proceeds of $5,000,000. Each Unit will consist of one common share in the capital of the Company and one [...]
Avanti Helium Corp. , is pleased to announce that it has filed a preliminary short-form prospectus with the securities regulatory authorities in all provinces of Canada in connection with an overnight marketed best efforts public offering of units of the Company , seeking to raise gross proceeds of approximately $5 million. Each Unit will be comprised of one common share of the Company and one common share purchase [...]
CALGARY, AB, Oct. 3, 2022 /CNW/ - Avanti Helium Corp. wishes to announce that it has cancelled the non-brokered private placement financing announced September 13, 2022. About Avanti Helium Avanti Helium is focused on the exploration, development, and production of helium across western Canada and the United States. Avanti's professional oil and gas exploration and production team is actively targeting untapped potential [...]
Avanti Helium Corp. is pleased to announce a non-brokered private placement financing of up to 2,222,222 units at a price of $0.90 per Unit for gross proceeds of up to $2,000,000 . 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 $1.20 per share for a period of one year from the date of [...]
Avanti Helium Corp. is pleased to provide an update on the Company's plans for 2022, recap its 2022 accomplishments to-date and offer important commentary on the current state of the global helium market. Chris Bakker, CEO, commented, "The helium market has been robust throughout 2022 with fundamentals still indicating helium demand continuing to heavily outweigh supply. With Russia's export restrictions and higher [...]
Avanti Helium Corp. is pleased to announce that it has contracted T&S Drilling to drill its WNG 10-21 helium appraisal well into the WNG helium pool in the Greater Knappen region of Montana. WNG 10-21 lease construction has been completed and T&S is preparing to mobilize the rig with a target to spud WNG 10-21 by the end of September. WNG 10-21 is located approximately 1 km west of Avanti's WNG 11-22 helium well and 50 m [...]
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