18:08:17 EDT Wed 29 Oct 2025
Enter Symbol
or Name
USA
CA



Avventura Resources Ltd
Symbol AA
Shares Issued 34,141,999
Recent Sedar Documents

Avventura Resources closes IPO, private placement

2025-08-25 19:44 ET - News Release

Subject: Avventura Resources Ltd. (CSE AA) PDF Document

File: Attachment Avventura - News Release re Closing of IPO (25Aug25 final)(2315313.1).pdf

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

AVVENTURA RESOURCES LTD. 9285 203B Street

Langley, British Columbia, V1M 2L9

Avventura Resources Completes Initial Public Offering, Concurrent Non-Brokered Private Placement and Listing on the Canadian Securities Exchange

Final Long Form Prospectus Accessible On SEDAR+

Vancouver, British Columbia, August 25, 2025: Avventura Resources Ltd. (the "Company" or "Avventura") (CSE: AA) is pleased to announce that on August 25, 2025 it completed its initial public offering (the "IPO") of 6,060,000 common shares in its capital (each, a "Share"), 60,000 of which were sold pursuant to an over-allotment option, at a price of $0.10 per Share for gross proceeds of $606,000. Concurrently with the closing of the IPO, the Company also closed a non-brokered private placement consisting of 200,000 Shares at a price of $0.10 per Share for additional gross proceeds of $20,000 (the "Concurrent Financing"). The net proceeds from the IPO and the Concurrent Financing are intended to be used for working capital and to carry out exploration of the Company's Horwood property (the "Horwood Property"). The Horwood Property is comprised of two hundred and ninety-six (296) mining claim cells, arranged into forty-five (45) Multicell Claims, which form two non-contiguous blocks, covering a total area of 68.36 km2 after accommodating for overlaps with private patented claims located in Horwood and Silk Townships in the Sudbury District of Ontario, approximately 90 kilometers southwest of Timmins in a straight line.

Pursuant to an agency agreement dated May 27, 2025 with the Company, Research Capital Corporation acted as agent (the "Agent") for the IPO. In consideration for the services provided by the Agent, the Company paid the Agent a cash commission in the amount of $60,600 and a corporate finance fee of $32,000 plus GST. Additionally, the Company granted the Agent and its selling group an aggregate of 606,000 compensation warrants (the "Compensation Warrants"). Each Compensation Warrant entitles the holder thereof to purchase one Share at a price of $0.10 per Share, exercisable on or before August 25, 2027.

In connection with the Concurrent Financing, the Company paid the Agent, who acted as a finder under the Concurrent Financing, aggregate finder's fees consisting of $2,000 in cash and issued 20,000 non- transferable finder's warrants (each, a "Finder's Warrant"). Each Finder's Warrant entitles the holder thereof to purchase one Share at a price of $0.10 per Share until August 25, 2027. All securities issued pursuant to the Concurrent Financing are subject to a four month and one day hold period in Canada expiring on December 26, 2025.

The Shares were listed on the Canadian Securities Exchange on August 22, 2025 and immediately halted pending closing of the IPO, and are expected to resume trading on August 26, 2025 under the symbol "AA".

The offered securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any applicable state securities laws and may not be offered or sold in the United States or to "U.S. persons", as such term is defined in Regulation S under the U.S. Securities Act, absent such registration or an applicable exemption from such registration requirements.

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This news release shall not constitute an offer to sell or the solicitation of an offer to buy the offered securities in any jurisdiction.

Access to the Company's final long form prospectus dated May 27, 2025 (the "Final Prospectus") and any amendment is provided in accordance with securities legislation relating to procedures for providing access to a prospectus and any amendment. The Final Prospectus is accessible on SEDAR+ at www.sedarplus.ca, and the Shares issued in the IPO were offered pursuant to the Final Prospectus. An electronic or paper copy of the Final Prospectus and any amendment may be obtained, without charge, from the Company by email at abalic@katunicapital.com by providing the contact with an email address or address, as applicable.

About Avventura Resources Ltd.

Avventura Resources Ltd. is a Canadian company. The Company is engaged in the acquisition and exploration of mineral properties. The Company currently has options to acquire one hundred percent (100%) undivided interests in the Horwood Property and the Kabik Lake project. The Kabik Lake project is comprised of fifty-eight (58) mining claim cells located in the Patricia Mining Division in the province of Ontario.

On Behalf of Avventura Resources Ltd.

Anthony Balic, CEO and President Email: abalic@katunicapital.com Tel: 1 (604) 312 2425

Cautionary Note Regarding Forward-Looking Statements

This news release includes certain forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein including, without limitation, statements regarding future capital expenditures, the intended use of proceeds from the IPO, anticipated content, commencement, and cost of exploration programs in respect of the Company's projects and mineral properties, anticipated exploration program results from exploration activities, resources and/or reserves on the Company's projects and mineral properties, and the anticipated business plans and timing of future activities of the Company, are forward-looking statements. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Often, but not always, forward looking information can be identified by words such as "pro forma", "plans", "expects", "will", "may", "should", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", "believes", "potential" or variations of such words including negative variations thereof, and phrases that refer to certain actions, events or results that may, could, would, might or will occur or be taken or achieved. Forward- looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by the forward-looking statements. Such risks and other factors include, among others, statements as to the anticipated business plans and timing of future activities of the Company, including the Company's options to acquire the Horwood Property and the Kabik Lake project, respectively, the proposed expenditures for exploration work thereon, the ability of the Company to obtain sufficient financing to fund its business activities and plans, delays in obtaining governmental and regulatory approvals (including of the Canadian Securities Exchange), permits or financing, changes in laws, regulations and policies affecting mining operations, the Company's limited operating history, currency fluctuations, title disputes or claims, environmental issues and liabilities, as well as those factors discussed under the heading "Risk Factors" in the Company's Final Prospectus and other filings of the Company with the Canadian Securities Authorities, copies of which can be found under the Company's profile on the SEDAR+ website at www.sedarplus.ca.

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Readers are cautioned not to place undue reliance on forward-looking statements. The Company undertakes no obligation to update any of the forward-looking statements in this presentation or incorporated by reference herein, except as otherwise required by law.

LC2315294-1

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