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The latest update is out from Avanti Energy ( (TSE:AVN) ).
Avanti Helium Corp. has announced an increase in its non-brokered private placement financing, raising the offering size to up to 13,363,333 units for potential gross proceeds of $1,202,700. The proceeds will be used for ongoing project costs and general working capital, with the offering expected to close around January 13, 2025, pending TSX Venture Exchange approval.
More about Avanti Energy
Avanti Helium Corp. is focused on the exploration, development, and production of helium across western Canada and the United States. The company targets helium trapped in structures to meet the global demand for this scarce element, which is crucial for advanced technology, medical, and space exploration industries.
YTD Price Performance: -13.04%
Average Trading Volume: 137,838
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$9.68M
See more insights into AVN stock on TipRanks’ Stock Analysis page.