Avanti Helium Corp.

Avanti Energy Inc. is pleased to announce that the board of directors of Avanti has approved a change of the Company's name to "Avanti Helium Corp." . The Name Change better reflects Avanti's focus on the exploration, development and production of helium. Shareholders of the Company will not be required to exchange their existing share certificates for new certificates bearing Avanti's new name. The name change does not [...]

Avanti Energy Inc. is pleased to announce that it has received a drilling permit from the Montana State Oil and Gas Board for the WNG 10-21 appraisal well to be drilled into the WNG helium pool in the Greater Knappen Region of Montana. The WNG 10-21 appraisal well is located approximately 1 kilometre west of the Company's WNG 11-22 helium well and 50 metres down dip. Geological and seismic modelling show similar [...]

Avanti Energy Inc. is pleased to announce that it has received a total unrisked contingent resource estimate of 187MMcf of net recoverable helium gas recoverable and net helium concentration of 1.1%) prepared by McDaniel & Associates Consultants Ltd., a qualified reserves evaluator, for the Company's WNG 11-22 helium well and underlying structure in the Greater Knappen Property, located in Montana. This volume represents [...]

CALGARY, AB, May 25, 2022 /CNW/ - Avanti Energy Inc. is pleased to announce that it has selected Journey Engineering to provide engineering services for pre-FEED study for a helium processing facility associated with the Company's Montana discovery well WNG 11-22. Journey Engineering, a well-established engineering and procurement firm based in Calgary, has successfully installed large helium facilities in both Canada and [...]

Avanti Energy Inc. is pleased to announce that it has been granted 3 helium exploration permits from the Government of Saskatchewan for a total of ~63,000 acres. The acquisition of these highly prospective helium properties complements the Company's existing holdings beyond Alberta and Montana and aligns with one of Avanti's primary strategies of having a well-diversified portfolio of quality helium assets. The permits [...]

Avanti Energy Inc. is pleased to announce that Chris Bakker, Chief Executive Officer of Avanti, will be a guest today, April 18th, on Bloomberg Radio at approximately 11:45 a.m. EST with Paul T. Sweeney and Matt Miller. Mr. Bakker will be discussing Avanti's major helium discovery in Montana, which the Company believes has the potential to become one of, if not the largest new helium pools in North America, as well as [...]

CALGARY, AB,, April 13, 2022 /CNW/ - Avanti Energy Inc. is pleased to announce that it has finished completions on the Flathead Cambrian Zone on its WNG 11-22 Helium well in Greater Knappen, Montana, the first of three prospective zones. Completions and testing of the WNG 11-22 well's two Souris River zones, up-hole from the Cambrian, is on-going and the Company expects to publish results in the coming weeks. The Company [...]

CALGARY, AB, March 31, 2022 /CNW/ - Avanti Energy Inc. is pleased to provide an update on the development and drilling plan of its Greater Knappen property. The completions and testing of the Flathead zone of the WNG 11-22 well has progressed well. The Company will initiate completions on the two Souris River zones on or around April 4, 2022, and expects to provide updated information, including helium concentration and [...]

CALGARY, AB, March 29, 2022 /CNW/ - Avanti Energy Inc. announces that it has granted 935,000 stock options to certain consultants, directors and officers of the Company. The options are exercisable at a price of $1.36, have a term of five years and may be subject to certain vesting provisions as determined by the board of directors. About Avanti Energy Avanti Energy is focused on the exploration, development and [...]

Avanti Energy Inc. is pleased to announce that it has successfully closed its previously announced bought deal public offering of 8,414,550 units of the Company at a price of $1.23 per Unit for aggregate gross proceeds of $10,349,896.50 . This amount includes gross proceeds from the full exercise of the over-allotment option granted to the Underwriters to purchase an additional 1,097,550 Units from the Company. Avanti [...]