공시 • Jan 24
Avanti Gold Corp. Announces 2,100 Meters of Historic Drill Core from the Akyanga Deposit At the Misisi Project in the Democratic Republic of the Congo Avanti Gold Corp. reported that 2,100m of historical drill core from the Akyanga deposit at the Misisi Project in the Democratic Republic of the Congo ("DRC") are currently being assayed, with results expected to be published later this quarter. In addition, the 2026 drilling programme is expected to begin later in First Quarter-2026 as the Company is in the final phase of selecting a drilling contractor, following supplier site-visits conducted in mid-January. The historical drilling occurred prior to 2018, by the previous owners, however were not assayed due to the Company's previous financial situation. Following the successful permitting process, the samples were exported from Kalemie on 15 January 2026 and arrived at the SGS assay lab in Mwanza-Tanzania on 23 January 2026, where they are currently undergoing fire assay testing. The Akyanga Deposit, located centrally in the Misisi Project, hosts an NI 43-101 compliant Inferred Mineral Resource of 40.8 million tonnes averaging 2.37 g/t gold containing 3.11 million ounces which was based on 19,956m of historic drilling, including 105 diamond drillholes ("DD") totaling 19,070m and six reverse circulation ("RC") drillholes totaling 887m. The 2,100m of samples therefore represent approximately 10% of the total diamond drilling completed by the previous operator, and targeted both the northwest extension and the high-grade southern zones of the Akyanga deposit at depth. The Company believes that the assays from these untested core samples have the potential to confirm continuity of high-grade mineralization along strike and down dip in the southern portion of Akyanga as well as provide valuable data to refine the 2026 exploration programme. Avanti is also pleased to have made significant progress toward launching its 2026 drilling programme. Following a successful tender process a drilling service agreement is expected to be signed in the coming weeks. Most recently, the Avanti team conducted a supplier site-visit to Misisi as part of the tender process where potential drilling contractors were able to survey the site conditions and security. Phase 1 is fully funded by the Company's LIFE Private Placement which closed on 23 October 2025. The Phase 1 programme will prioritize an increased footprint expansion effort at the Akyanga deposit, and high-priority target testing on the Akyanga East deposit, due to its close proximity to Akyanga. During Phase 1, early exploration works including ground truthing, sampling, and mapping will be conducted on Ngalula, Tulonge, Lubitchako and Kilombwe to assist in guiding the Phase 2 drilling program on those targets. The envisaged Phase 2 programme will entail approximately 27,000m of diamond drilling, and is scheduled to being in late third quarter-2026. Phase 2 is expected to continue to expand on the resource extensions at Akyanga while also introducing drilling onto the high priority targets. The phased approach serves to provide drill service providers time to ramp-up efforts to include the additional targets while leveraging the early exploration methods conducted in Phase 1 to better inform drilling target locations. Next steps. Drilling and laboratory service contracts: announcement of signed contracts for exploracon service providers for the Misisi Project. Refurbishment of camp: Increase capacity of exploracon camp facilices at the Misisi Village to support increased exploracon accvices. Key appointments: Key in-country management appointments including Security & HSE, Admin & Logisccs, Exploracon and Community managers. Assay results: Assay results from 2,100-meter of historic diamond core that targeted both the northwest extension and The high-grade southern zones of The Akyanga deposit. Launch of the Akyanga deposit in the second phase of the Akyanga deposit. 공시 • Oct 24
Avanti Gold Corp. announced that it has received CAD 25 million in funding On October 23, 2025, Avanti Gold Corp closed the transaction. 공시 • Oct 01
Avanti Gold Corp. announced that it expects to receive CAD 15 million in funding Avanti Gold Corp. announced that it has entered into an agreement in connection with reasonable effort private placement offering to issue 30,000,000 units at an issue price of CAD 0.50 for gross proceeds of CAD 15,000,000 on September 30, 2025. Each unit will consist of one common share of the company and one-half of one common share purchase warrant. Each warrant will entitle the holder thereof to purchase one share at an exercise price of CAD 0.65 for a period of 36 months from the date of issuance thereof. The company will also grant the agents an option to purchase up to an additional 15% of offered securities on the same terms and conditions as set out herein exercisable in whole or in part, any time up to three business days prior to the earliest closing date. In addition, the agents and other third parties agreed to by the company and the lead agent shall be issued broker warrants up to 5% of the total number of offered securities, each broker warrant shall be exercisable for one unit at the issue price for a period of 18 months from the applicable closing date. Sir Sam Jonah, along with other board members, management and some existing strategic investors are expected to participate in the offering. The units may also be sold in offshore jurisdictions and in the United States on a private placement basis pursuant to one or more exemptions from the registration requirements of the United States securities act of 1933, as amended. The offering is scheduled to close on or about October 20, 2025, or such other date as the company and SCP may agree. Completion of the offering is subject to certain conditions, including, but not limited to, the receipt of all necessary approvals, including the approval of the Canadian Securities Exchange. 공시 • Sep 17
Avanti Gold Corp., Annual General Meeting, Nov 25, 2025 Avanti Gold Corp., Annual General Meeting, Nov 25, 2025. 공시 • Jul 20
Avanti Gold Corp. announced that it has received CAD 1.4 million in funding On July 18, 2025, Avanti Gold Corp. closed the transaction. The company issued 14,799,927 units at an issue price of CAD 0.035 per unit for gross proceeds of CAD 517,997.445 in its second and final tranche. The common shares and warrants issued under the offering are subject to a four-month statutory hold period ending November 15, 2025. The tranche included participation from officers and directors of the company, acquiring a total of 7,142,857 units. 공시 • Jul 08
Avanti Gold Corp. announced that it expects to receive CAD 1.4 million in funding Avanti Gold Corp. announced a non-brokered private placement to issue 40,000,000 units at an issue price of CAD 0.035 per unit for gross proceeds of CAD 1,400,000 on July 7, 2025. Each unit is comprised of one common share n the share capital of the company and one common share purchase warrant. Each warrant entitles its holder to purchase one additional common share at a price of CAD 0.05 for a period of 12 months. The securities issued pursuant to the private placement will be subject to a four-month-and-one day statutory hold period in accordance with applicable securities law. The transaction includes participation from lead investor, Martino De Ciccio and will hold 9.9% stake on a partially diluted basis upon closing of the private placement, and Sir Sam Jonah, Ian MacLean along with other board members and management will become 19% shareholders of the company on a partially diluted basis upon closing of the private placement. 공시 • Aug 08
Avanti Gold Corp. announced that it expects to receive CAD 2 million in funding Avanti Gold Corporation announced a non-brokered private placement consisting of the issuance of up to 16,000,000 units at an issue price of CAD 0.125 per Unit for gross proceeds of up to CAD 2,000,000 on August 7, 2024. Each Unit is comprised of one common share and one common share purchase warrant. Each Warrant entitles its holder to purchase one additional common share at a price of CAD 0.20 for a period of 24 months following the closing. The Company may pay finder’s fees on a portion of the Private Placement, subject to compliance with the policies of the Canadian Securities Exchange. The securities issued pursuant to the Private Placement will be subject to a four-month-and-one day statutory hold period in accordance with applicable securities law. Certain insiders of the Corporation may acquire Units in the Private Placement. New Risk • Jun 06
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 68% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$2.2m free cash flow). Share price has been highly volatile over the past 3 months (18% average weekly change). Negative equity (-CA$6.3m). Earnings have declined by 54% per year over the past 5 years. Shareholders have been substantially diluted in the past year (68% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (€8.64m market cap, or US$9.40m). 공시 • May 08
Avanti Gold Corp. Announces CEO Changes AVANTI GOLD CORP. announced that Ian MacLean, former Vice President of Investor Relations at B2Gold Corp., has been appointed as the Company's new Chief Executive Officer effective May 6, 2024. Ian MacLean has over 25 years of experience in the mining industry, where he has played key roles in the formation and success of several mining ventures, demonstrating an aptitude for driving transformative growth and cultivating sustainable shareholder value. He has a proven track record of collaborating with Board members, senior executives, technical management, government officials, and investors to facilitate corporate development, governance, and risk management. Most recently, Mr. MacLean was a co-founder and Vice President of Investor Relations at B2Gold Corp. He spent 15 years on the executive team that built B2Gold from a private exploration company in 2007 into a world-class international senior gold producer with a current market capitalization of approximately CAD 4.5 billion. n 2001, Mr. MacLean joined Bema Gold Corporation (B2Gold's predecessor Company), where he rose to Vice President of Investor Relations, orchestrating comprehensive communication strategies and serving as the primary liaison for key stakeholders. During his tenure, he contributed to the growth of Bema Gold from a market capitalization of approximately $83 million in 2001 to approximately $3.0 billion when it merged with Kinross Gold Corporation in 2007.Mr. MacLean began his career in 1997 as an Investor Relations representative for Nevsun Resources Corporation, a respected gold miner in Africa, acquired by Zinjin Mining in 2018. Mr. MacLean was also a co-founder and Board member of Rolling Rock Resources Inc., which owned the Monument Bay gold project in Manitoba, Canada, now being explored by Agnico Eagle Mines Ltd.Mr. MacLean replaces Dr. Colin Porter, the Company's former CEO. Dr. Porter will continue to serve as a member of the Board and Technical Consultant of the Company. New Risk • Nov 01
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €9.22m (US$9.76m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$2.6m free cash flow). Share price has been highly volatile over the past 3 months (18% average weekly change). Negative equity (-CA$5.7m). Earnings have declined by 63% per year over the past 5 years. Shareholders have been substantially diluted in the past year (134% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (€9.22m market cap, or US$9.76m). 공시 • Oct 14
Avanti Gold Corp., Annual General Meeting, Dec 18, 2023 Avanti Gold Corp., Annual General Meeting, Dec 18, 2023. Location: 900 - 885 West Georgia Street Vancouver British Columbia Canada Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Director Drew Brass was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 27
Less than half of directors are independent There are 3 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Interim CEO & Director Tony Louie is the most experienced director on the board, commencing their role in 2019. Independent Director Drew Brass was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Executive Departure • May 01
CFO & Director has left the company On the 30th of April, Derick Sinclair's tenure in the role of CFO & Director ended. We don't have any record of a personal shareholding under Derick's name. A total of 2 executives have left over the last 12 months.