Avanti Energy (TSE:AVN) has released an update.
Avanti Helium Corp. has completed a debt settlement by issuing over 1.39 million common shares to pay off approximately $412K in trade payables. These shares are subject to a hold period until December and are part of the company’s efforts to manage its finances while focusing on the exploration and production of helium, a critical element for advanced technologies.
For further insights into TSE:AVN stock, check out TipRanks’ Stock Analysis page.