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Avanti Energy ( (TSE:AVN) ) has issued an announcement.
Avanti Helium Corp. has successfully closed a private placement financing, raising $1,532,700 through the sale of over 17 million units. Each unit consists of one common share and a warrant to purchase an additional share, with proceeds intended for project costs and general working capital. CEO Chris Bakker participated in the financing, increasing his stake in the company. This transaction, classified as a related party transaction, is exempt from certain regulatory requirements.
More about Avanti Energy
YTD Price Performance: -4.35%
Average Trading Volume: 145,610
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$10.65M
See more insights into AVN stock on TipRanks’ Stock Analysis page.