09:59:30 EDT Thu 02 May 2024
Enter Symbol
or Name
USA
CA



Avanti Helium Corp
Symbol AVN
Shares Issued 90,522,155
Close 2023-12-11 C$ 0.40
Market Cap C$ 36,208,862
Recent Sedar Documents

Avanti Helium prospectus offering

2023-12-11 17:39 ET - Prospectus Approved

Effective Nov. 10, 2023, the company's unit offering filed pursuant to the prospectus supplement dated Nov. 6, 2023, to the short form base shelf prospectus dated Nov. 23, 2022, was filed with and accepted by the TSX Venture Exchange. The short form base shelf prospectus was filed with the British Columbia Securities Commission and the authorities of all provinces except Quebec.

The TSX Venture Exchange has been advised that closing occurred on Nov. 10, 2023, for gross proceeds of $3,000,150.

Agents:  Canaccord Genuity Corp., Beacon Securities Ltd. and Cormark Securities Inc.

Offering:  6,667,000 units (Each unit consists of one common share of the company and one-half of one common share purchase warrant.)

Unit price:  45 cents per unit

Warrant exercise price/term:  60 cents per share to Nov. 10, 2025

Agents' warrants:  325,756 non-transferable warrants, each exercisable to purchase one agent's unit at 45 cents per agent's unit to Nov. 10, 2025 (Each agent's unit consists of one common share of the company and one-half non-transferable warrant. Each whole agent's unit warrant entitles the holder to purchase one common share of the company at an exercise price of 60 cents until Nov. 10, 2025.)

For further information, please reference the company's short form base shelf prospectus dated Nov. 23, 2022, and news releases dated Nov. 2, 2023, Nov. 3, 2023, and Nov. 10, 2023.

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