Mr. Adrian Smith reports

AVANTE ANNOUNCES NAME CHANGE, NEW TICKER SYMBOL AND INVESTOR RELATIONS AGREEMENT

Avante Mining Corp. will change its name to First Atlantic Nickel Corp., effective Wednesday, April 10, 2024, subject to final acceptance of the TSX Venture Exchange. The trading symbol will also change to FAN; the company's trading symbols on the OTC Markets (OTC Pink) and Frankfurt Stock Exchange will remain unchanged.

The name change will not affect the rights of the company's shareholders. There will be no consolidation of capital associated with the name change. Shareholders will not be required to take any action in connection with the name change. Issued certificates representing common shares in the capital of the company will not be affected by the name change and will not need to be exchanged.

The new Cusip number will be 318641107.

The new ISIN (international securities identification number) will be CA3186411078.

The company's management team feels that the new name more accurately reflects its vision to establish itself as a global leader in green nickel production while supplying critical metals to the North American market.

Adrian Smith, chief executive officer, commented: "We are excited to announce our name change to First Atlantic Nickel Corp. This new name better aligns with our team's vision and underscores our exploration focus and direction as a company. With the rising demand for nickel due to the clean energy transition, the company is focused on acquiring and developing assets with significant growth potential to meet this future demand. The U.S. has underscored nickel's essential role by including it in its critical mineral list. Similarly, Canada has signalled its intent to prioritize the development of critical minerals in the coming years, highlighting the pressing need for further development of domestic resources and we look forward to the company being part of the story to meet this demand."

The company has entered into an investor relations agreement dated April 1, 2024, with Xander Capital Partners Inc., pursuant to which Xander will provide investor relations and market consulting services for an initial period of 12 months, subject to extension by mutual agreement of both parties. The agreement can be terminated by giving 30 days of prior written notice of termination to the other party or by mutual written agreement of the parties.

Xander has been engaged to heighten market awareness for the company and to broaden the company's reach within the investment community. Pursuant to the agreement, Xander will provide the following services to the company: brand awareness, introductions to mining industry partners, research analysts, investment bankers, advisers, potential board members and digital marketing professionals. The company will pay Xander a monthly cash fee of $10,000 (U.S.) as consideration for the services.

The company and Xander act at arm's length, and Xander has no present interest, directly or indirectly, in the company or its securities or any right or present intent to acquire such an interest.

The agreement remains subject to the approval of the TSX-V. Xander has agreed to comply with all applicable securities laws and the policies of the exchange in providing the services to the company.

Xander has over 30 years of cumulative industry-specific experience. Xander is headquartered in Orlando, with its reach expanding internationally. Its services include introductions to high-net-worth individuals, assistance with the raising of equity capital and corporate sponsorship.

About Avante Mining Corp.

Avante Mining is a mining exploration company focused on developing high-value geographically significant projects, including the Voisey's West and Pipestone projects. Avante is paving the way by combining quality projects with proven exploration strategies and a dedicated team to achieve exceptional outcomes.

The company's Voisey's West project is located in the same intrusive complex as the world-class Voisey's Bay nickel mine, where reported remaining proven and probable reserves include 32.4 million tonnes of 2.13 per cent nickel, 0.96 per cent copper, 0.13 per cent cobalt as well as additional measured and indicated resources of 10.3 million tonnes of 0.87 per cent nickel, 0.65 per cent copper and 0.04 per cent cobalt. It represents one of the most competitive nickel operations globally.

The Pipestone project represents one of the rare awaruite projects globally, which are a focus in the development of large-scale, bulk-tonnage nickel targets that have low-carbon-emission profiles and are very attractive to steel producers looking to reduce their carbon output.

We seek Safe Harbor.