24/04/17 - TSX Venture Exchange Bulletins
TSX VENTURE COMPANIES
BULLETIN V2024-1120
AVANTI HELIUM CORP. ("AVN")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: April 17, 2024
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on March 20, 2024, and increased on April 4, 2024:
Number of Shares: 2,692,269 shares
Purchase Price: $0.40 per share
Warrants: 2,692,269 share purchase warrants to purchase 2,692,269 shares
Warrant Exercise Price: $0.60 for a one-year period
Number of Placees: 19 placees
Insider / Pro Group Participation:
Placees # of Placee (s) Aggregate # of Shares
Aggregate Existing Insider Involvement: 1 750,000
Aggregate Pro Group Involvement: 5 800,000
Aggregate Cash Amount Aggregate #
of Shares Aggregate #
of Warrants
Finder's Fee: $37,380 N/A 93,450
Finder's Warrants Terms: Each warrant entitles the holder to purchase one common share at the price of $0.60 for period of 1 year from the date of issuance.
The Company issued news releases on April 10, 2024, and April 17, 2024, confirming closing of the private placement. Note that in certain circumstances the Exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.
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