New Risk • Mar 13
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 20% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (20% average weekly change). Earnings have declined by 7.0% per year over the past 5 years. Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$41.2m market cap, or US$30.0m). New Risk • Jan 04
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 15% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 7.0% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Shareholders have been diluted in the past year (24% increase in shares outstanding). Market cap is less than US$100m (CA$21.6m market cap, or US$15.8m). Announcement • Oct 17
Avanti Helium Corp. announced that it has received CAD 1.54375 million in funding On October 16, 2025, the Avanti Helium Corp closed the transaction by issuing 1,500,000 Units at a price of CAD 0.25 per Unit for aggregate gross proceeds of CAD 375,000 under the Second Tranche. Announcement • Oct 08
Avanti Helium Corp., Annual General Meeting, Nov 21, 2025 Avanti Helium Corp., Annual General Meeting, Nov 21, 2025. New Risk • Sep 19
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: CA$86k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (23% average weekly change). Earnings have declined by 15% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Shareholders have been diluted in the past year (18% increase in shares outstanding). Significant insider selling over the past 3 months (CA$86k sold). Market cap is less than US$100m (CA$29.7m market cap, or US$21.5m). Announcement • Sep 16
Avanti Helium Corp. announced that it expects to receive CAD 1 million in funding Avanti Helium Corp announced a private placement to issue 4,000,000 units at a price of CAD 0.25 per unit for aggregate gross proceeds of CAD 1,000,000 on September 16, 2025. Each unit will consist of one common share and one-half share purchase warrant, with each warrant entitling the holder to purchase one additional share at a price of CAD 0.4 per share for a period of one year from the date of issue. Chris Baker and other insiders are anticipated to participate in the offering. All securities issued under the Offering, including securities issuable on the exercise thereof, are subject to a hold period expiring four months and one day from the date of issuance. The Offering is subject to the acceptance of the TSX Venture Exchange. The Company may pay finders fess in relation this the offering. New Risk • Jul 30
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 15% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. 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$3.7m free cash flow). Earnings have declined by 23% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$9.12m market cap, or US$6.59m). Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Shareholders have been diluted in the past year (21% increase in shares outstanding). New Risk • May 31
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$3.7m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. 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$3.7m free cash flow). Earnings have declined by 23% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$10.3m market cap, or US$7.48m). Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Shareholders have been diluted in the past year (22% increase in shares outstanding). New Risk • Feb 28
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 18% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 33% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$13.1m market cap, or US$9.09m). Minor Risk Shareholders have been diluted in the past year (26% increase in shares outstanding). New Risk • Feb 23
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 26% This is considered a minor 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 Earnings have declined by 33% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$13.1m market cap, or US$9.22m). Minor Risks Share price has been volatile over the past 3 months (18% average weekly change). Shareholders have been diluted in the past year (26% increase in shares outstanding). Announcement • Jan 22
Avanti Helium Corp. announced that it has received CAD 1.5327 million in funding On January 20, 2025. Avanti Helium Corp has closed transaction. It has issued 17,029,998 units of the Company at a price of CAD 0.09 per Unit for aggregate gross proceeds of CAD 1,532,700. In connection with the Offering, the Company paid an aggregate of CAD 31,152 and issued an aggregate of 198,000 Shares and 742,133 Share purchase warrants in finder's fees Each Unit under the Offering consists of one (1) common share of the Company and one (1) Share purchase warrant, with each Unit Warrant entitling the holder to purchase one (1) additional Share at a price of CAD 0.15 per Share until January 20, 2028. Chris Bakker subscribed for and purchased 2,944,444 Units for total consideration of CAD 265,000. Announcement • Jan 01
Avanti Helium Corp. announced that it expects to receive CAD 0.5 million in funding Avanti Helium Corp. announced a private placement of 5,555,555 units of the company at a price of CAD 0.09 per unit for the gross proceeds of CAD 499,999.95 on December 30, 2024. Each unit will consist of one common share and one share purchase warrant, with each Warrant entitling the holder to purchase one additional share at a price of CAD 0.15 per share for a period of three years from the date of issue. Chris Bakker, the Chief Executive Officer and director of the Company, will subscribe for 2,944,444 Units for gross proceeds of CAD 265,000. The Offering is subject to the acceptance of the TSX Venture Exchange. All securities issued under the Offering, including securities issuable on the exercise thereof, are subject to a hold period expiring four months and one day from the date of issuance. New Risk • Dec 05
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 6.9% This is considered a minor 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$6.9m free cash flow). Earnings have declined by 33% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$10.2m market cap, or US$7.24m). Minor Risk Shareholders have been diluted in the past year (6.9% increase in shares outstanding). New Risk • Dec 01
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$6.9m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. 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$6.9m free cash flow). Earnings have declined by 33% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$11.1m market cap, or US$7.95m). New Risk • Nov 01
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$13.6m (US$9.73m) 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 Earnings have declined by 32% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$13.6m market cap, or US$9.73m). Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Shareholders have been diluted in the past year (22% increase in shares outstanding). Announcement • Oct 04
Avanti Helium Corp., Annual General Meeting, Nov 29, 2024 Avanti Helium Corp., Annual General Meeting, Nov 29, 2024. Location: british columbia, vancouver Canada Announcement • Sep 05
Avanti Helium Corp. announced that it has received CAD 0.55 million in funding On September 5, 2024, Avanti Helium Corp. closed the transaction. The company announced that it has issued 1,000,000 Units at a price of CAD 0.25 per Unit for aggregate gross proceeds of CAD 250,000 in second and final tranche. Each Unit is comprised of one common share and one common share purchase warrant with each Warrant entitling the holder to purchase one additional Share at a price of CAD 0.30 per Share for a period of one year from the date of issuance. The transaction included participation from Chris Bakker 800,000 units in second tranche. The investor has purchased an aggregate of 2,000,000 units in connection with the transaction. All securities issued under the Second Tranche, including securities issuable on the exercise thereof, are subject to a hold period expiring on January 5, 2025, in accordance with applicable securities laws and the policies of the TSX Venture Exchange. Announcement • Aug 26
Avanti Helium Corp. announced that it expects to receive CAD 0.5 million in funding Avanti Helium Corp. announced a private placement of 2,000,000 units at a price of CAD 0.25 per unit for gross proceeds of CAD 500,000 August 26, 2024. Each unit will consist of one common share and one share purchase warrant, with each warrant entitling the holder to purchase one additional share at a price of CAD 0.30 per share for a period of one year from the date of issue. The transaction will include participation from Chris Bakker, the Chief Executive Officer and director of the company. All securities issued under the offering, including securities issuable on the exercise thereof, are subject to a hold period expiring four months and one day from the date of issuance. The offering is subject to the acceptance of the TSX Venture Exchange. Announcement • Aug 20
Avanti Helium Corp. Announces Directorate Changes Avanti Helium Corp. announced the appointment of Clark Schow to its Board of Directors as an independent member, effective immediately. Clark brings a wealth of experience to the board. He is the Founder and Director of Legal Services at EXG Legal, a Calgary-based law firm specializing in general corporate matters, including mergers and acquisitions, joint ventures, commercial contracts, real estate, and banking and finance. Prior to founding EXG Legal, Mr. Schow was a key member of the energy and infrastructure practice group at a national law firm in Calgary and served as in-house counsel for one of Canada's largest integrated oil and gas companies. His extensive experience in the energy sector includes international project development, drafting and negotiating asset purchase and sale agreements, handling conventional and offshore oil and gas transactions, conducting large-scale due diligence reviews, and managing day-to-day commercial matters. In addition to his professional work, Mr. Schow is an Executive Member of the Calgary Minor Basketball Association. He holds a Bachelor of Laws (LLB) and a Bachelor of Commerce (BCom) from the University of Alberta. The Company also announces the resignation of Mike Leo from the Board of Directors. With the appointment of Mr. Schow, the board now consists of: Brad Krizan – Independent, Audit Chair; Clark Schow – Independent, Audit Committee; Genga Nadaraju – Audit Committee; Chris Bakker – President & CEO. New Risk • Aug 15
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 30% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Shareholders have been diluted in the past year (22% increase in shares outstanding). Market cap is less than US$100m (CA$15.1m market cap, or US$11.0m). Announcement • Aug 13
Avanti Helium Announces Resignation of Greg Bronson as Director Avanti Helium Corp. announced the resignation of Greg Bronson as a director of the Company as he and his family embark on new career opportunities outside of Canada. New Risk • Jul 28
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$13.1m (US$9.44m) 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 Earnings have declined by 30% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$13.1m market cap, or US$9.44m). Minor Risk Shareholders have been diluted in the past year (21% increase in shares outstanding). Announcement • Jul 10
Avanti Helium Corp. Announces Management Appointments Avanti Helium Corp. announced the appointment of Brad Krizan to its Board of Directors as an independent board member, effective immediately. Brad is a prominent business and community leader based in Calgary. He brings a wealth of experience from his roles in both the private and public sectors, spanning various industries. His extensive Board of Directors experience includes organizations involved in regulatory and policy-making activities with government agencies, boards, and commissions, as well as significant work with First Nations. Brad's background features comprehensive Profit & Loss oversight, strategic planning, and strategy execution, along with managing numerous corporate initiatives and major projects across diverse organizations. Currently, Brad serves on the Board of Directors for the Alberta Motor Vehicle Industry Council, Calgary Co-operative Association, Care Group of Pharmacies, Mistahiya Development Corporation, and the Real Estate Insurance Exchange. His notable past board experience includes the Alberta Gaming, Liquor and Cannabis Commission, cSPACE Projects, the Calgary Convention Centre Authority, and the Safety Codes Council of Alberta. Brad holds a Master of Business Administration degree from Royal Roads University, a Bachelor of Arts degree in Urban and Regional Studies from the University of Lethbridge, and the Institute of Corporate Directors ICD.D designation. In addition to his role as a non-independent director, Brad will also chair the Audit Committee. The Directors of the Corporation have also appointed Chris Bakker to assume the role of President in addition to his role as CEO. Announcement • Jun 19
Avanti Helium Corp. Announces the Resignation of Robin Gamley as President and Director Avanti Helium Corp. announced the resignation of Robin Gamley as president and a director of the Company for personal health reasons. Announcement • Apr 19
Avanti Helium Corp. announced that it has received CAD 1.076908 million in funding On April 17, 2024, Avanti Helium Corp closed the transaction. The company issued 1,000,000 Units at a price of CAD 0.40 per unit for gross proceeds of CAD 400,000 under the Second and final Tranche. Each Unit consists of one common share of the Company and one Share purchase warrant. Each Unit Warrant exercisable to acquire one additional Share at an exercise price of CAD 0.60 per Unit Warrant Share until April 16, 2025. The company has paid finders fees of CAD 6,000 and 15,000 Share purchase warrants. Each Finder's Warrant is exercisable to acquire one share at an exercise price of CAD 0.60 per Finder's Warrant Share until April 16, 2025. The securities issued under and in connection with the Second Tranche are subject to a statutory hold period expiring on August 17, 2024. The transaction included participation from Chris Bakker the Chief Executive Officer and a director of the Company for 750,000 Units for proceeds of CAD 300,000. The transaction included participation from 19 investors including one existing insider for 750,000 units; and five pro groups for 800,000 units.
On April 17, 2024, the company announced that the transaction has been approved by the TSX Venture Exchange. Announcement • Mar 21
Avanti Helium Corp. announced that it expects to receive CAD 0.5 million in funding Avanti Helium Corp. announced a non-brokered private placement financing of up to 1,250,000 units at a price of CAD 0.40 per Unit, for total proceeds of up to CAD 500,000 on March 20, 2024. Each Unit under the Offering will consist of one common share and one share purchase warrant, with each Warrant entitling the holder to purchase one additional share at a price of CAD 0.60 per share for a period of one year from the date of issue. The Company may pay a finder's fee in cash and/or warrants under the Offering. Certain directors and officers of the Company are expected to participate in the private placement. All securities issued under the Offering, including securities issuable on the exercise thereof, are subject to a hold period expiring four months and one day from the date of issuance. The Offering is subject to the acceptance of the TSX Venture Exchange. Announcement • Jan 31
Avanti Helium Provides Update on Sweetgrass Pool Project Avanti Helium Corp. provided an update on the progress of the Helium Recovery Unit (HRU) at its Sweetgrass pool in Greater Knappen, Montana. The completion of all ancillary pipelines linking the WNG 11-22 and WNG 10-21 helium wells to the HRU site has been successfully completed. This important milestone marks a significant step forward in the development process, showcasing the Company's commitment to advancing its strategic initiatives. Additionally, Avanti is pleased report the completion of the fabrication for the well site skids and inlet separation facility. These essential components will soon be transported to the facility site in Montana over the next few weeks. The Company remains steadfast in its commitment to driving innovation, ensuring operational excellence, and creating sustainable value for its shareholders. The completion of critical milestones in the HRU development underscore Avanti's resilience and strategic foresight in navigating the dynamic helium landscape. The Company looks forward to updating stakeholders as it further progresses the project. Announcement • Dec 01
Avanti Helium Corp. announced that it has received CAD 1.8746 million in funding On November 30, 2023, Avanti Helium Corp. closed the transaction. The company issued 4,686,500 units for aggregate gross proceeds of CAD 1,874,600 in the transaction. The transaction included participation from an insider of the company for a total of 50,000 units. The company paid an aggregate of CAD 129,822 and issued an aggregate of 324,555 Share purchase warrants in finder's fees. Each finder's warrant is exercisable to acquire one share at an exercise price of CAD 0.40 per finder's warrant share until November 30, 2025.All securities issued under and in connection with the offering are subject to a statutory hold period expiring on March 31, 2024, in accordance with applicable securities laws and the policies of the TSX Venture Exchange. Announcement • Nov 23
Avanti Helium Corp. announced that it expects to receive CAD 1.2 million in funding Avanti Helium Corp. announced a non-brokered private placement of up to 3,000,000 units at a price of CAD 0.40 per unit for gross proceeds of up to CAD 1,200,000 on November 22, 2023. Each unit will consist of one common share and one share purchase warrant, with each warrant entitling the holder to purchase one additional share at a price of CAD 0.60 per share for a period of twenty-four months from the date of issuance. All securities issued under the offering will be subject to a hold period of four months and one day in accordance with applicable securities laws. The company may pay a finder's fee in cash and/or warrants under the offering. The closing of the offering is expected to occur on or before November 30, 2023, and is subject to receipt of all necessary approvals including the TSX Venture Exchange. Recent Insider Transactions • Nov 13
CEO & Director recently bought CA$650k worth of stock On the 10th of November, Chris Bakker bought around 1m shares on-market at roughly CA$0.45 per share. This transaction amounted to 60% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Chris has been a buyer over the last 12 months, purchasing a net total of CA$1.3m worth in shares. Announcement • Nov 11
Avanti Helium Corp. has completed a Composite Units Offering in the amount of CAD 3.00015 million. Avanti Helium Corp. has completed a Composite Units Offering in the amount of CAD 3.00015 million.
Security Name: Units
Security Type: Equity/Derivative Unit
Securities Offered: 6,667,000
Price\Range: CAD 0.45 Announcement • Nov 04
Avanti Helium Corp. has completed a Composite Units Offering in the amount of CAD 3.00015 million. Avanti Helium Corp. has completed a Composite Units Offering in the amount of CAD 3.00015 million.
Security Name: Units
Security Type: Equity/Derivative Unit
Securities Offered: 6,667,000
Price\Range: CAD 0.45 Announcement • Oct 18
Avanti Helium Corp. Provides an Update of the Ongoing Development of the Sweetgrass Pool Project in Greater Knappen Montana Avanti Helium Corp. provided an update of the ongoing development of the Sweetgrass pool project in Greater Knappen Montana. The Company announced that ancillary construction related to the Helium Recovery Unit (HRU) site has been progressing well, both on time and on budget. Specifically, three miles of pipeline work to connect the WNG 11-22 and WNG 10-21 wells to the HRU site commenced on September 18th. 100% of the pipe has been welded, and 30% ditching has been completed. The remaining pipeline construction is expected to be completed by the end of October. The Company has also begun procuring and fabricating the well site skids and inlet separation facility. The project is on track and targeted to be completed and ready for helium production in late First Quarter /early Second Quarter 2024. Avanti Pipeline's under construction in Greater Knappen. (CNW Group/Avanti Helium Corp.) Avanti also advises that it has signed a non-binding Letter of Intent (LOI) to enter into a helium purchase and sale agreement with a creditworthy party that it expects to lead to an offtake agreement for 80-100% of the production of its Sweetgrass helium production. The Company is working toward a finalized offtake agreement, at which point the Company can provide detailed cash flow projections from the Sweetgrass pool for 2024 & 2025. Announcement • Sep 12
Avanti Helium Corp. announced that it has received CAD 1.00022 million in funding On September 11, 2023, Avanti Helium Corp. closed the transaction. The company has issued 150,000 units at a price of CAD 0.60 per unit for gross proceeds of CAD 90,000 in its second tranche closing. The company has raised a total gross proceeds of CAD 1,000,219.80 in the transaction. In connection with the second tranche, the company paid and issued an aggregate of CAD 9,000 and 15,000 Share purchase warrants in finder's fees. Each Finder's Warrant is exercisable to acquire one share at an exercise price of CAD 0.70 per finder's warrant Share for a period of twelve months after the date of issuance. All securities issued pursuant to or in connection with the second tranche closing are subject to a
statutory hold period expiring on January 12, 2024, in accordance with applicable securities laws and policies of the TSX Venture Exchange. Announcement • Sep 09
Avanti Helium Corp., Annual General Meeting, Nov 17, 2023 Avanti Helium Corp., Annual General Meeting, Nov 17, 2023. Announcement • Aug 22
Avanti Helium Corp. announced that it expects to receive CAD 1 million in funding Avanti Helium Corp. announced a private placement of 1,666,667 units at a price of CAD 0.60 per unit for the gross proceeds of CAD 1,000,000 on August 21, 2023. Each unit will consist of one common share and one share purchase warrant, , with each warrant entitling the holder to purchase one additional share at an exercise price of CAD 0.70 per share for a period of one year from the date of issue. All securities issued under the offering, including securities issuable on the exercise thereof, are subject to a hold period expiring four months and one day from the date of issuance. The offering is subject to the acceptance of the TSX Venture Exchange. Announcement • Aug 10
Avanti Helium Corp. Announces Board Appointments Avanti Helium Corp. announced that it has appointed Genga Nadaraju, MSc., to the Company's board of directors to serve as a non-independent board member effective immediately. Following her 25-year tenure at Encana Corporation (now Ovintiv Inc.), Ms. Nadaraju joined Avanti in 2021, as VP Subsurface. She also has served as a board member for the Canadian EnergyGeoscience Association (CEGA) from 2021-22. In addition to being a board member, Ms.Nadaraju will continue to lead the subsurface team at Avanti. Ms. Nadaraju is a leader with 30 years of diverse professional experience in the oil and gas industry, including business development, asset exploitation/development, strategic planning, and investor relations. Her technical expertise spans both the conventional and unconventional oil and gas plays in the Western Canadian Sedimentary Basin. As a development geologist, she worked on various plays, and drilled several hundreds of conventional and unconventional oil and gas wells in Alberta and British Columbia and was Instrumental in the identification and drilling of the first Montney horizontal well that led to the current Montney Cutbank Ridge development in NE British Columbia for Encana. In 2004 she led a team of geologists, geophysicists, and engineers to fully exploit and develop the Montney asset for Encana that resulted in the production growth from ~15MMcf/d to over 1Bcf/d by 2015. As a technical team leader, she contributed to the presentation and marketing of Encana's oil, gas and midstream assets from 2011-2015 that resulted in the closing of several deals, value ranging from C$400MM to C$2.9B. In 2017 Ms. Nadaraju Founded an industry Best Practise Group (Montney Producers Group) that comprised of 16 energy companies, creating a venue to openly discuss and exchange technical knowledge. Ms. Nadaraju brings strong project management and organizational skills to interact effectively with all stakeholders, both internally and externally. She holds a bachelor's degree in Geology from the College of Wooster, Ohio and an MSc. degree in Geology from the University of British Columbia, Vancouver. Recent Insider Transactions Derivative • Jul 30
CEO & Director exercised options to buy CA$276k worth of stock. On the 27th of July, Chris Bakker exercised options to buy 378k shares at a strike price of around CA$0.80, costing a total of CA$302k. This transaction amounted to 24% of their direct individual holding at the time of the trade. Since December 2022, Chris' direct individual holding has increased from 738.48k shares to 1.56m. Company insiders have collectively bought CA$1.2m more than they sold, via options and on-market transactions, in the last 12 months. Price Target Changed • Mar 24
Price target decreased by 25% to CA$2.38 Down from CA$3.18, the current price target is an average from 2 analysts. New target price is 332% above last closing price of CA$0.55. Stock is down 57% over the past year. The company posted a net loss per share of CA$0.26 last year. Recent Insider Transactions • Feb 17
CEO & Director recently bought CA$109k worth of stock On the 14th of February, Chris Bakker bought around 161k shares on-market at roughly CA$0.68 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth CA$465k. Chris has been a buyer over the last 12 months, purchasing a net total of CA$823k worth in shares. Recent Insider Transactions • Feb 09
CEO & Director recently bought CA$465k worth of stock On the 6th of February, Chris Bakker bought around 664k shares on-market at roughly CA$0.70 per share. This transaction amounted to 90% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Chris has been a buyer over the last 12 months, purchasing a net total of CA$714k worth in shares. Announcement • Feb 07
Avanti Helium Corp. has completed a Composite Units Offering in the amount of CAD 5.49997 million. Avanti Helium Corp. has completed a Composite Units Offering in the amount of CAD 5.49997 million.
Security Name: Units
Security Type: Equity/Derivative Unit
Securities Offered: 7,857,100
Price\Range: CAD 0.7 Announcement • Jan 26
Avanti Helium Corp. Flows 20 Million Cubic Feet/Day with 1.0% Helium from WNG 10-21 Appraisal Well Avanti Helium Corp. announced that the WNG 10-21 Helium appraisal well has now been completed and the final total gas rate from the Flathead Cambrian Zone has been measured in excess of 20 million cubic feet/day (20 MMcf/d) at 1,250psi surface pressure after 72 hours of cleanup. The well, located at the Company's Greater Knappen, Montana project was flowed up 7’ casing through a 1’ choke. The gas consisted of 1.0% Helium, with primarily Nitrogen, with minor Methane and CO2 making up the remainder. The choke size was increased several times up to the final 1’, with no pressure drop or formation fluid seen. Avanti is currently running production tubing and downhole pressure gauges which will be followed by further production testing, pressure build-up, and flow test analysis. The WNG 10-21 well was drilled 1 kilometer west and 50 meters down structure of the Company's WNG 11-22 Helium discovery well. As there was no formation water encountered, we have yet to define the size limit of this pool. Avanti's independent evaluator, McDaniel & Associates, will be updating the Company resource report based on the new well results. Announcement • Dec 07
Avanti Helium Completed Drilling At WNG 10-21 Well, Proceeding with Completions and Testing Avanti Helium Corp. announce that it has successfully finished the drilling phase of its appraisal well, WNG 10-21, on its Greater Knappen project, located in Montana. The WNG 10-21 well encountered helium bearing gas in both the Souris River and Flathead zones. The T&S rig has been released and Avanti's technical team will complete and test the well when the completions rig arrives in approximately ten days. Avanti continues to evaluate multiple opportunities across Western Canada and the United States to build an industry-leading helium company with a premier portfolio of prospective lands. Price Target Changed • Nov 16
Price target decreased to CA$3.18 Down from CA$4.15, the current price target is an average from 2 analysts. New target price is 511% above last closing price of CA$0.52. Stock is down 66% over the past year. The company posted a net loss per share of CA$0.26 last year. Announcement • Oct 25
Avanti Helium Corp. has completed a Composite Units Offering in the amount of CAD 5.6 million. Avanti Helium Corp. has completed a Composite Units Offering in the amount of CAD 5.6 million.
Security Name: Units
Security Type: Equity/Derivative Unit
Securities Offered: 8,484,848
Price\Range: CAD 0.66
Discount Per Security: CAD 0.0462
Transaction Features: Rule 144A Recent Insider Transactions • Sep 22
President & Director recently sold CA$118k worth of stock On the 14th of September, Robin Gamley sold around 120k shares on-market at roughly CA$0.98 per share. This transaction amounted to 16% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Robin has been a net seller over the last 12 months, reducing personal holdings by CA$164k. Announcement • Sep 01
Avanti Helium Contracts T&S Drilling for WNG 10-21 Helium Well in Greater Knappen, Montana Avanti Helium Corp. announced that it has contracted T&S Drilling ("T&S") to drill its WNG 10-21 helium appraisal well ("WNG 10-21") into the WNG helium pool in the Greater Knappen region of Montana. WNG 10-21 lease construction has been completed and T&S is preparing to mobilize the rig with a target to spud WNG 10- 21 by the end of September. WNG 10-21 is located approximately 1 km west of Avanti's WNG 11-22 helium well and 50 m down structure in the WNG helium pool. WNG 10-21 is planned to be drilled to a total depth of approximately 5,500 ft and will target both the Flathead Cambrian Sandstone and Souris River zones for potential helium production. Avanti's discovery well, WNG 11-22, led to a total unrisked contingent resource estimate of 187MMcf of net recoverable helium gas (based on a raw gas estimate of 17 billion cubic feet ("Bcf") recoverable and net helium concentration of 1.1%) prepared by McDaniel & Associates Consultants Ltd. WNG 10-21 has similar geological and seismic characteristics to the Company's discovery well. By delineation drilling down structure from WNG 11-22 to further define the WNG helium pool, Avanti believes that there is significant potential to expand its aerial extent and increase the existing helium resource. The WNG 10-21 appraisal well will help to confirm the aerial extents of the reservoir and will provide operational efficiencies in both facility planning and production operations in the area." Greater Knappen 100% of the contingent resources disclosed in this news release are located in the Greater Knappen property and are classified as Development Pending with a Chance of Development of 90%. There are no technical contingencies preventing the classification of economic contingent resources as reserves as all economic contingent resource are considered "discovered" and are based on established technology. The non-technical contingencies that must be resolved before these resources may be classified as reserves are the establishment of processing and sale agreements, and corporate commitment to develop these assets in a timely fashion. Announcement • Jul 19
Avanti Energy Receives Drilling Permit for WNG 10-21 Appraisal Well on Greater Knappen, Montana Avanti Energy Inc. announce that it has received a drilling permit from the Montana State Oil and Gas Board for the WNG 10-21 appraisal well to be drilled into the WNG helium pool in the Greater Knappen Region of Montana. The WNG 10-21 appraisal well is located approximately 1 kilometre west of the Company's WNG 11-22 helium well and 50 metres down dip. Geological and seismic modelling show similar characteristics to the WNG 11-22 well and by delineating down structure from WNG 11-22 the Company hopes to further define and expand the WNG helium pool. The WNG 10-21 will be drilled to 5,500 feet and will target both the Flathead Cambrian Sandstone and Souris River zones for helium production. The Company is proceeding with lease construction with the target to spud the WNG 10-21 well in early September. Announcement • Jun 17
Avanti Energy Inc., Annual General Meeting, Aug 18, 2022 Avanti Energy Inc., Annual General Meeting, Aug 18, 2022. Announcement • Apr 14
Avanti Energy Inc. Confirms Completions on the Flathead Cambrian Zone on Its WNG 11-22 Helium Well in Greater Knappen, Montana Avanti Energy Inc. announced that it has finished completions on the Flathead Cambrian Zone on its WNG 11-22 Helium well in Greater Knappen, Montana, the first of three prospective zones. Completions and testing of the WNG 11-22 well's two Souris River zones, up-hole from the Cambrian, is on-going and the Company expects to publish results in the coming weeks. The Company completed an acidization and clean-up process of the Flathead Cambrian zone, after which the well peaked at over 4 mmscf/d for six days on a choke at a flowing pressure of 350 psig. Avanti has contracted IHSMarkit to analyze the flow and build-up test, and McDaniel & Associates to evaluate the reservoir's resource potential. Preliminary lab results show the gas composition of the Cambrian Zone to be, 97.5 % Nitrogen, 1.1 % Helium, 1.1% Methane, 0.3% Co2, and trace amounts of other hydrocarbons. With the primary gas being Nitrogen the Company is thrilled to have discovered a green helium play, as Nitrogen is not a Green House Gas it can be safely vented into the atmosphere with no environmental impacts. Based on these results, the Company is pursuing a facility design based on an inlet production rate of 5 mmcf/d of raw gas, resulting in an estimated 55Mcf/d of net helium. A review of publicly available data shows the first and second most productive helium wells in Canada are producing at ~60Mcf/d and ~50.6Mcf/d, respectively. The Company has tendered an RFP to several engineering firms to proceed with facilities design with the goal of bringing the WNG 11-22 well into production as quickly as possible, and proceeding with drilling plans for appraisal wells to determine the size of the reservoir on the WNG 11-22 well. Announcement • Apr 01
Avanti Energy Inc. Provides Update on Development and Drilling Plan of its Greater Knappen Property Avanti Energy Inc. provided an update on the development and drilling plan of its Greater Knappen property. The completions and testing of the Flathead (Cambrian) zone of the WNG 11-22 well has progressed well. The Company will initiate completions on the two Souris River zones on or around April 4, 2022, and expects to provide updated information, including helium concentration and tested flow rates, on the Flathead shortly thereafter. The early results of the WNG 11-22 well have led the Company to start planning for an appraisal well to delineate the size of the reservoir and assist with the reserves estimation. The Company is also planning for its next exploration well that will test another of the ten identified structures in the Greater Knappen property. The two well program is targeted to kick off in mid-June. Avanti is also in the process of qualifying engineering firms to assist with the design, procurement, and construction of helium purification facilities for the WNG 11-22 well. The foregoing information is a directional update and subject to supply chain, legal and regulatory efforts and other normal uncertainties associated with exploration. Announcement • Feb 24
Avanti Energy Inc. announced that it expects to receive CAD 4.99995 million in funding Avanti Energy Inc. announced that it has entered into an agreement with syndicate of investment deals for private placement of 4,065,000 units at a purchase price of CAD 1.23 per unit, for gross proceeds in the amount of approximately CAD 4,999,950 on February 22, 2022. Each unit will consist of one common share and one-half of one common share purchase warrant, each full warrant being exercisable to acquire one common share of Avanti at a purchase price of CAD 1.60 for a period of 24 months following the closing of the offering. In addition, the company has granted the underwriters an option to purchase up to an additional 609,750 units at the offering price exercisable within 30 days after the closing of the offering for additional gross proceeds in the amount of up to approximately CAD 750,000. The transaction is expected to close on or about March 15, 2022, and is subject to certain conditions including, but not limited to, the receipt of all necessary approvals including the approval of the TSX Venture Exchange and the securities regulatory authorities. Announcement • Feb 18
Avanti Energy Confirms Helium Shows of Up to 1.1% from Its Two Wells in Greater Knappen Avanti Energy Inc. announced the Company has received additional data for both Rankin 01-17 and WNG 11-22 on its Greater Knappen property, located in Montana. The pre-completion Drill Stem Test results for WNG 11-22 well saw a flow rate of 2.6 MMscf/day and 600 psig surface pressure from the primary target zone, the Flathead Sandstone. This zone showed 35ft of net pay with porosity up to 16%, and low water saturation. Multiple gas samples from the Flathead sandstone were sent to the lab for analysis. They confirmed the presence of 1.05% helium and 98% nitrogen resulting in a gas-stream that can be easily refined into high-grade sales quality helium. The secondary target in the Souris River formation showed 42ft of net pay with porosity of up to 16%, and helium concentrations of 1.1% based on multiple samples. The company expects significant upside from the Souris River after completing the well. The WNG 11-22 well confirmed the presence of a potentially large helium reservoir over a twin structure in Greater Knappen. The Company will be evaluating additional appraisal and development well locations to be drilled over the structures. Rankin 01-17 well showed some drilling induced formation damage. Flow rates are likely to significantly improve once the well is completed and stimulated. The Primary target zone is in the Souris River Formation with two intervals totalling 35ft of net pay with porosity of up to 17%. Gas analyses showed helium concentrations up to 0.41% indicating potential economic volumes. The Company is evaluating completions plans to clean up the formations for proper flow testing, and further evaluation. Announcement • Feb 10
Avanti Energy Inc. Completes Initial Testing on WNG 11-22 Well on Greater Knappen, Montan Avanti Energy Inc. announced that it has successfully completed the initial testing on its second helium well, WNG 11-22, on its Greater Knappen project, located in Montana. Open hole logging of WNG 11-22 confirmed excellent reservoir quality sand in all three target zones. The Basal Cambrian sand exhibits 35ft of net pay with porosity up to 16%. The Souris River has two intervals totaling 42ft net pay with porosity up to 18%. DST (Drill Stem Test) results indicated all three zones showed potentially economic helium concentrations. Subject to further analysis and lab results, the preliminary DST results encourage completing these zones. Greater Knappen Area: approximately 69,000 acres of potential helium-rich properties across both Montana and Alberta. Technical team has identified 17 drilling targets in the core Greater Knappen area. 10 closed structural highs, exhibiting relief of 70m to >200m, that are ideal for trapping helium. In 2021 helium production commenced from a well drilled in the immediate area by a separate company, from the same zones targeted by Avanti's technical team, further validating the Company's model. Other wells surrounding Avanti's lands have high helium shows in multiple Devonian and Cambrian targets with helium percentages of up to 2% and nitrogen percentages of up to 96%. Avanti continues to evaluate multiple opportunities across Western Canada and the United States to build an helium company with a premier portfolio of prospective lands. The Company has engaged Advanced Media Solution Ltd. to provide strategic digital media consulting and corporate brand marketing services. The Company has agreed to a budget of one hundred fifty thousand (US) for six-months and may wish to continue with Advanced Media but is under no obligation. Announcement • Feb 04
Avanti Energy Inc. Reaches Total Depth At WNG 11-22 and Prepares for Testing Avanti Energy Inc. announced that it has successfully completed the drilling phase of its second helium exploration well, WNG 11-22, on its Greater Knappen project, located in Montana. The WNG 11-22 well has now been drilled to a total depth of 5,390 feet and has identified multiple potential helium zones. Avanti's technical team is proceeding with open hole logging and drill stem testing (DST) of the identified pay zones. Avanti continues to evaluate multiple opportunities across Western Canada and the United States to build an industry-leading helium company with a premier portfolio of prospective lands. Announcement • Jan 28
Avanti Energy Announces the WNG 11-22 Helium Well on Greater Knappen, Montana Has Spud Avanti Energy Inc. announced the Company's second helium well, WNG 11-22, was spudded on its Greater Knappen property, located in Montana. The WNG 11-22 well is expected to take approximately 14 days to reach a total depth of ~5,400 feet. The location exhibits a structural high with the potential for multiple pay zones and is the second exploration well targeting distinct structures in both the Devonian and Cambrian formations. This well is located within the area covered by quality 3D seismic data Avanti acquired from one of Canada's larger oil and gas producers. ~69,000 acres of potential helium-rich properties across both Montana and Alberta, over which the Company maintains 100% operatorship. 10 closed structural highs, exhibiting relief of 70m to >200m, that are ideal for trapping helium. In 2021 helium production commenced from a well drilled in the immediate area by a separate company, from the same zones targeted by Avanti's technical team, further validating the Company's model. Other wells surrounding Avanti's lands have high helium shows in multiple Devonian and Cambrian targets with helium percentages of up to 2% and nitrogen percentages of up to 96%. Announcement • Jan 25
Avanti Energy Inc. Completes Initial Testing on Rankin 01-17 Helium Well on Greater Knappen in Montana Avanti Energy Inc. announced that it has completed initial open hole logging and drill stem testing (DST) on the Company's first helium well, Rankin 01-17, on its 100%-owned Greater Knappen property, located in Montana. The Rankin 01-17 well was successfully drilled to a depth of 5,860 feet and encountered all the targeted zones for helium potential. Open hole logging indicated five zones with reservoir characteristics (good porosity and low water saturation) suggesting further testing is warranted. Drill stem tests were performed to high-grade zones for completions and two of the targeted zones showed economic helium potential. Subject to further analysis and lab results, the preliminary DST information encourages completing the zones identified for helium. Completions and production testing will determine the economic viability of the well. The Rankin 01-17 well is being cased to total depth, and the rig is moving to WNG 11-22, the Company's second well location in Greater Knappen. 3D seismic over the WNG 11-22 location has allowed the technical team to map the Precambrian highs which indicates structural closure over all three target zones. Announcement • Jan 18
Avanti Energy Inc. Reaches Total Depth At Rankin 01-17 Well and Prepares for Drill Stem Testing Avanti Energy Inc. announced that it has successfully completed the drilling phase of its first helium well, Rankin 01-17, on its 100%-owned Greater Knappen project, located in Montana. The Rankin 01-17 well has now been drilled to a total depth of 5,860 feet and has identified multiple potential helium zones. Avanti's technical team is proceeding with open hole logging and drill stem testing (DST) of the identified pay zones to assess gas composition, pressure, and flow rates. After these operations the drill rig and crew will be immediately mobilized to the Company's next planned helium exploration well at Greater Knappen. Announcement • Dec 31
Avanti Energy Announces Spud of First Helium Well on Greater Knappen Area in Montana Avanti Energy Inc. announced that it will spud the Company's first helium well on December 30, 2021, Rankin 01-17, on its 100%-owned Greater Knappen area, located in Montana. The Rankin 01-17 well is expected to take approximately 14 days to reach a total depth of 6,100 feet. The location exhibits a structural high with the potential for multiple pay zones and is the first of three exploration wells targeting distinct structures in both the Devonian and Cambrian formations. Once Rankin 01-17 drilling is completed, the T&S Drilling rig and crew will move immediately to the Company's second well location in Greater Knappen. Announcement • Dec 08
Avanti Energy Inc. Receives Drill Permits for First Three Wells of Its Helium Exploration Program in Montana Avanti Energy Inc. has received drill permits from the MontanaBoard of Oil and Gas Conservation to drill its first three wells in the region of Montana at the Company's Greater Knappen property. The initial three wells, Fey 06-33, Rankin 01-17, and Western NG 11-22, will target three separate possible pay zones: two in the Beaverhill Lake formation and one in the Basal Sandstone formation. The drilling targets exhibit structural highs with relief up to 150m and plan to be drilled to a depth of ~1,850m (6,000 feet). Lease construction is underway and the Company expects to spud the first well in the coming weeks. Previously drilled wells surrounding Avanti's lands have high helium shows in multiple Devonian and Cambrian targets with helium percentages of up to 2% and nitrogen percentages of up to 96%. ~69,000 acres of potential helium-rich properties across both Montana and Alberta, over which the Company maintains 100%-ownership. 10 closed structural highs, exhibiting relief of 70m to >200m, that are ideal for trapping helium. In 2021 helium production commenced from a well drilled in the immediate area by a separate company, from the same zones targeted by Avanti's technical team, further validating the Company's model. Other wells surrounding Avanti's lands have high helium shows in multiple Devonian and Cambrian targets with helium percentagesa of up to 2% and nitrogen percentages of up to 96%. Announcement • Sep 15
Avanti Energy Inc. announced that it has received CAD 1.5 million in funding On September 14, 2021, Avanti Energy Inc. closed the transaction. Announcement • Sep 04
Avanti Energy Inc. announced that it expects to receive CAD 1.5 million in funding Avanti Energy Inc. announced a non-brokered private placement of 882,353 common shares at a price of CAD 1.70 per share for gross proceeds of up to CAD 1,500,000 on September 3, 2021. The transaction will include participation from a single strategic investor. The securities issued will be subject to restrictions on resale for a period of four months from the date of issue. Announcement • Jul 15
Avanti Energy Completes Geophyiscal Review at its Aden Helium Project and Identifies First Drill Targets Avanti Energy Inc. announce that following a detailed geophysical review of seismic data, the company's technical team has confirmed three potential drilling locations on its Aden property located in Southern Alberta. The Aden property is highly prospective for potential helium exploration and the Company is moving forward with its planned Q3/Q4 2021 drilling program. Highlights: Avanti has identified three potential drilling locations to test multiple helium target intervals in the Precambrian and Beaverhill Lake formations. Geophysical review of seismic data has confirmed a four-way structural close with over 75 meters of relief, ideal for trapping helium. Wells will target multiple horizons, showing up to ~95% nitrogen and ~2% helium from multiple adjacent wells and previously abandoned wells located on the property. Initial environmental assessment on the property has been completed. Following extensive geophysical evaluation of seismic data, the Company has identified three potential drilling targets and confirmed a large four-way closed structure with over 75 meters of relief. Geological evaluations of nearby wells indicate nitrogen concentrations between ~86% - 98% and helium concentrations between ~.6% - 2.17% in the Cambrian Sandstone, Lower Beaverhill Lake, and Upper Beaverhill Lake, providing three target pay zones for potential helium discovery. As part of the comprehensive geological evaluation of the area, core and log analysis indicate excellent reservoir quality rock over multiple horizons in the Beaverhill Lake and Cambrian formations. The company has also successfully completed its initial environmental assessment of the property. Announcement • Jul 14
Avanti Energy Inc. announced that it has received CAD 4.08 million in funding On July 12, 2021, Avanti Energy Inc. (TSXV:AVN) closed the transaction. The company paid CAD 35,200 finders fees and issued a total of 20,718 warrants to finders. Announcement • Jun 30
Avanti Energy Inc. announced that it expects to receive CAD 3.0005 million in funding Avanti Energy Inc. (TSXV:AVN) announced a non-brokered private placement of up to 1,765,000 common shares at a price of CAD 1.70 per share for gross proceeds of up to CAD 3,000,500 on June 29, 2021. The transaction has been fully committed to by current investors of the company. The securities issued will be subject to restrictions on resale for a period of four months from the date of issue. The company may pay to finders a fee in cash and/or warrants in the transaction. Announcement • Jun 15
Avanti Energy Inc. (TSXV:AVN) entered into a binding agreement to acquire Two prospective properties for the discovery of helium totaling 50,000 acres of land in Montana. Avanti Energy Inc. (TSXV:AVN) entered into a binding agreement to acquire Two prospective properties for the discovery of helium totaling 50,000 acres of land in Montana on June 14, 2021. Transaction is conditional only to Avanti satisfactorily completing the due diligence on the land rights and ownership, which is already underway and targeted for completion in July 2021. Recent Insider Transactions • Jun 10
CEO & Director recently bought CA$174k worth of stock On the 8th of June, Chris Bakker bought around 71k shares on-market at roughly CA$2.46 per share. This was the largest purchase by an insider in the last 3 months. Chris has been a buyer over the last 12 months, purchasing a net total of CA$379k worth in shares. Recent Insider Transactions • May 21
CEO & Director recently bought CA$73k worth of stock On the 19th of May, Chris Bakker bought around 30k shares on-market at roughly CA$2.42 per share. This was the largest purchase by an insider in the last 3 months. Chris has been a buyer over the last 12 months, purchasing a net total of CA$158k worth in shares. Recent Insider Transactions • May 13
CEO & Director recently bought CA$71k worth of stock On the 5th of May, Chris Bakker bought around 28k shares on-market at roughly CA$2.50 per share. This was the largest purchase by an insider in the last 3 months. This was Chris' only on-market trade for the last 12 months. Announcement • May 12
Avanti Energy Inc. (TSXV:AVN) acquired 2,500-Acre Land Package in Alberta from Alberta (Province of). Avanti Energy Inc. (TSXV:AVN) acquired 2,500-Acre Land Package in Alberta from Alberta (Province of) on May 10, 2021.
Avanti Energy Inc. (TSXV:AVN) completed the acquisition of 2,500-Acre Land Package in Alberta from Alberta (Province of) on May 10, 2021. Recent Insider Transactions • May 08
Chief Executive Officer recently bought CA$71k worth of stock On the 5th of May, Chris Bakker bought around 28k shares on-market at roughly CA$2.50 per share. This was the largest purchase by an insider in the last 3 months. This was Chris' only on-market trade for the last 12 months. Announcement • Mar 28
Avanti Energy Inc. announced that it has received CAD 5 million in funding On March 26, 2021, Avanti Energy Inc. (TSXV:AVN) closed the transaction. The transaction included participation from new and existing investors. The company paid finders fees totaling CAD 285,300 and issued a total of 285,300 warrants. Each warrant entitling the holder to purchase one common share for a period of one year at an exercise price of CAD 1 per share. All securities issued are subject to a four-month and one day statutory hold period expiring on July 27, 2021. Announcement • Mar 13
Avanti Energy Inc. (TSXV:AVN) completed the acquisition of 90% stake in Helium Project in Montana from Terrelium Resources Corp. Avanti Energy Inc. (TSXV:AVN) agreed to acquire 90% stake in Helium Project in Montana from Terrelium Resources Corp. for CAD 2 million on December 17, 2020. As consideration for the acquisition Avanti Energy has agreed to issue to Terrelium a total of 4,900,000 common shares of the Company on the date of TSX Venture Exchange approval. Avanti Energy will also be responsible for providing initial funding for the joint venture of CAD 50,000 per month over a six-month period for a total of CAD 300,000.The Joint Venture Agreement and the transactions contemplated therein are subject to acceptance of the TSX Venture Exchange.
Avanti Energy Inc. (TSXV:AVN) completed the acquisition of 90% stake in Helium Project in Montana from Terrelium Resources Corp. on March 11, 2021. Announcement • Mar 10
Avanti Energy Inc. announced that it expects to receive CAD 5 million in funding Avanti Energy Inc. (TSXV:AVN) announced a non-brokered private placement of up to 5,000,000 common shares at a price of CAD 1 per share for gross proceeds of up to CAD 5,000,000 on March 8, 2021. The securities issued under the offering will be subject to restrictions on resale for a period of four months from the date of issue. The company may pay to finders a fee in cash and/or warrants under the offering. Is New 90 Day High Low • Feb 13
New 90-day high: CA$1.17 The company is up 559% from its price of CA$0.18 on 12 November 2020. The Canadian market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is up 25% over the same period. Announcement • Dec 23
Avanti Energy Inc. (TSXV:AVN) agreed to acquire 90% stake in Helium Project in Montana from Terrelium Resources Corp. for CAD 2 million. Avanti Energy Inc. (TSXV:AVN) agreed to acquire 90% stake in Helium Project in Montana from Terrelium Resources Corp. for CAD 2 million on December 17, 2020. As consideration for the acquisition Avanti Energy has agreed to issue to Terrelium a total of 4,900,000 common shares of the Company on the date of TSX Venture Exchange approval. Avanti Energy will also be responsible for providing initial funding for the joint venture of CAD 50,000 per month over a six-month period for a total of CAD 300,000.The Joint Venture Agreement and the transactions contemplated therein are subject to acceptance of the TSX Venture Exchange. Is New 90 Day High Low • Dec 13
New 90-day high: CA$0.50 The company is up 122% from its price of CA$0.23 on 08 September 2020. The Canadian market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is up 16% over the same period. Is New 90 Day High Low • Dec 10
New 90-day high: CA$0.94 The company is up 109% from its price of CA$0.45 on 08 September 2020. The Canadian market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is up 11% over the same period. Announcement • Dec 01
Avanti Energy Inc. Appoints Greg Bronson to Board of Directors Avanti Energy Inc. announced the appointment of Mr. Greg Bronson, P. Geo., as an addition to the Board of Directors of the Company Greg Bronson is a Professional Geologist with 30 years exploration and development experience in the oil and gas industry. Mr. Bronson manages his own consulting business, Rae-co Consulting Ltd. which involves prospect generation and consultation to industry. His most recent role from 2018 to 2020 was as consulting geologist for Acquisition Oil Corp. working on the development of their Cranberry/Priestville light oil field in North Eastern Alberta. Announcement • Nov 18
Avanti Energy Inc. announced that it expects to receive CAD 1.5 million in funding Avanti Energy Inc. (TSXV:AVN) announced a non-brokered private placement of up to 5,000,000 units at a price of CAD 0.30 per unit for gross proceeds of up to CAD 1,500,000 on November 16, 2020. Each unit consists of one common share and one common share purchase warrant. Each warrant entitles the holder thereof to purchase one common share at a price of CAD 0.40 for a period one year from issuance date. No finder’s fee will be paid in the transaction. 