Avanti Energy (TSE:AVN) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Avanti Helium Corp. has successfully completed a private placement financing round, raising $500,000 through the sale of 2 million units, with each unit comprising a common share and a share purchase warrant. The company’s CEO, Chris Bakker, was the sole subscriber, indicating a strong inside endorsement of the company’s prospects. Funds from this round are earmarked for the company’s project costs and general working capital.
For further insights into TSE:AVN stock, check out TipRanks’ Stock Analysis page.