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 [...]
Avanti Helium Corp. is pleased to announce that it has changed its name from "Avanti Energy Inc." to "Avanti Helium Corp." . The Company's common shares will commence trading on the TSX Venture Exchange under its existing stock symbol "AVN" effective August 22, 2022. The CUSIP number assigned to the Common Shares following the Name Change will be 05351P108. No action will be required by existing shareholders of the [...]
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 [...]