Avanti Helium Announces Overnight Marketed Best Efforts Public Offering of Units

Provided By Globe Newswire

Last update: Jan 30, 2023

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CALGARY, Alberta, Jan. 30, 2023 (GLOBE NEWSWIRE) -- Avanti Helium Corp. (“Avanti” or the “Company”) (TSXV: AVN; OTC: ARGYF), is pleased to announce that it has commenced an overnight marketed public offering (the “Offering”) of units (the “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 (a "Common Share") and one-half of one common share purchase warrant (a "Warrant"). The number of Units to be distributed, the price of each Unit, and the exercise price of each Warrant will be determined in the context of the market with final terms to be determined at the time of pricing.