AVANTI MINING INC. ("AVT")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: August 8, 2014
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 63,435,919 shares to settle outstanding debt for $3,845,314.43.
Number of Creditors: 2 Creditors
Insider / Pro Group Participation:
Insider=Y / Amount Deemed Price
Creditor Progroup=P Owing per Share # of Shares
Resource Capital Fund IV L.P. Y $542,724.99 $0.05 10,854,500
Resource Capital Fund IV L.P. Y $266,650.00 $0.1105 2,413,122
Resource Capital Fund IV L.P. Y $532,400.00 $0.05 10,648,000
Resource Capital Fund VI L.P. Y $1,007,644.11 $0.05 20,152,882
Resource Capital Fund VI L.P. Y $963,495.33 $0.1105 8,719,415
Resource Capital Fund VI L.P. Y $532,400.00 $0.05 10,648,000
The Company shall issue a news release when the shares are issued and the debt extinguished.
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