AVANTI HELIUM ANNOUNCES THE PRICING OF OVERNIGHT MARKETED BEST EFFORTS PUBLIC OFFERING OF UNITS
CALGARY, AB, Nov. 3, 2023 /CNW/ - Avanti Helium Corp. (TSXV: AVN) (OTC: ARGYF) ("Avanti" or the "Company"), is pleased to announce the pricing of the previously announced, on November 2, 2023, overnight marketed best efforts public offering (the "Offering") of units of the Company ("Units").
- CALGARY, AB, Nov. 3, 2023 /CNW/ - Avanti Helium Corp. (TSXV: AVN) (OTC: ARGYF) ("Avanti" or the "Company"), is pleased to announce the pricing of the previously announced, on November 2, 2023, overnight marketed best efforts public offering (the "Offering") of units of the Company ("Units").
- Pursuant to the Offering, which is being conducted on a "best efforts" agency basis, Avanti will issue 6,667,000 Units at a price of $0.45 per Unit for aggregate gross proceeds of up to $3,000,150.
- Each Warrant will entitle the holder to acquire one Common Share for 24 months from the closing of the Offering at an exercise price of $0.60.
- The Offering will be conducted pursuant to the Company's Canadian base shelf prospectus dated November 23, 2022 (the "Base Shelf Prospectus").