Avanti Energy Inc. is pleased to announce that it has closed its previously announced oversubscribed non-brokered private placement by issuing 2,400,000 shares at $1.70 for gross proceeds of $4,080,000 . Chris Bakker, Avanti CEO, stated, "We would like to welcome our new shareholders who participated in the oversubscribed $4.08 million financing and thank existing shareholders who continue to support the Company by [...]
Avanti Energy Inc. is pleased to announce that following a detailed geophysical review of seismic data, the Company's technical team has confirmed three potential drilling locations on its Aden property located in Southern Alberta. The Aden property is highly prospective for potential helium exploration and the Company is moving forward with its planned Q3/Q4 2021 drilling program. Highlights: Avanti has identified three [...]
Avanti Energy Inc. is pleased to announce an increase to its previously announced non-brokered private placement from 1,765,000 common shares to 2,400,000 shares at $1.70 for gross proceeds of up to $4,080,000 . The increase is due to strong investor demand for the Financing. The securities issued under the Financing will be subject to restrictions on resale for a period of four months from the date of issue. The Company [...]
Avanti Energy Inc. is pleased to announce a non-brokered private placement financing of up to 1,765,000 common shares at a price of $1.70 per common share for gross proceeds of up to $3,000,500 . The Financing is fully committed to by current investors in Avanti. This, plus the current cash on hand, will allow the Company to complete all its strategic land acquisitions and drill the initial three well program starting [...]
Avanti Energy Inc. is pleased to announce that it has entered into binding agreements on two additional properties totalling ~50,000 acres of land in Montana. The properties are highly prospective for the potential discovery of helium, and the Company is moving forward to complete final due diligence on the acquisitions. Highlights: The properties add ~50,000 acres to Avanti's existing helium-prospective properties. The [...]
Vancouver, June 10 2021 - Interest in Avanti Energy Inc. is growing rapidly. With its leadership in helium extraction, bolstered by recent land acquisitions, Avanti's recognition is rising and with it, media coverage. The latest is Front Page Business Coverage in 28 publications Canada-wide, including; Troy Media, Edmonton's Business, Camrose Voice, Kindersley Clarion, West Central Crossroads, Strathmore Voice, Ingersoll [...]
Avanti Energy Inc. is pleased to announce that it has now acquired key 2D seismic data over its recently acquired strategic land package in Alberta . The Company has licensed several privately-owned 2D seismic lines and the early interpretation has confirmed the presence of a large structural closure, previously identified by the Avanti team using well data in the area. Genga Nadaraju, Vice President, Subsurface Geology [...]
Avanti Energy Inc. is pleased to announce that it has now acquired a strategic land package under lease from the government of Alberta. The property is highly prospective for potential helium extraction, and the Company is moving forward with a more detailed analysis to identify optimal well locations. Highlights: Multiple surrounding wells have helium shows of up to 2%. Previously abandoned wells on the property with [...]
May 6, 2021, Calgary, AB - The Newswire - Avanti Energy Inc. - is focused on the exploration, developing, and production of helium, found mainly in oil and gas regions of Western Canada and the Northern U.S. The company has placed a positive spin on Alberta's downturn in the oil and gas industry by employing a crack team of experts, including over a half dozen former Encana employees, some of whom were part of the team [...]
Avanti Energy Inc. is pleased to announce that Chris Bakker has been appointed as the new Chief Executive Officer for Avanti Energy effective immediately. Mr. Rob Gamley, who will continue as Avanti President, commented, "I know I speak for the Board and the rest of the Avanti management team when I say what a pleasure it is to welcome Chris as our new CEO and member of the Board. His industry experience adds immediate [...]
Avanti Energy Inc. is pleased to announce that it has entered into a letter of intent with a group of private land holders to acquire the helium rights on approximately 12,000 acres of prospective land in North-Central Montana. The newly acquired land fits within the Company's strategy of building a portfolio of land holdings with high potential for helium development. Highlights: Large land position in North-Central [...]
Avanti Energy Inc. is pleased to announce that it has appointed Dr. Jim Wood as Director of Geoscience, Mr. Ali Esmail as Vice President of Engineering, to expand the Company's exploration and development operations of its helium projects. The Company is also pleased to announce the appointment of Ms. Natasha Tsai, CA, as Chief Financial Officer. "We are pleased to welcome Jim, Ali and Natasha to the Avanti management [...]