Avanti Helium Corp. is pleased to announce that it has received the lab results from the gas analysis from the Flathead Cambrian Zone at its WNG 10-21 Helium appraisal well in Greater Knappen, Montana. The lab results showed the gas consisted of 1.15%-1.2% Helium, with ~97.5% Nitrogen, and minor showings of Methane and CO2 making up the remainder. Additional gas samples will be sent to a more specialized lab to determine [...]
CALGARY, AB, Feb. 8, 2023 /CNW/ - Avanti Helium Corp. , is pleased to announce, further to the completion of its overnight marketed best efforts public offering of 9,035,665 units of the Company at a price of $0.70 per Unit for aggregate gross proceeds of $6,324,966 on February 6, 2023, it has received approval of its application to list the 4,517,832 common share purchase warrants partially comprising the Units on the [...]
Avanti Helium Corp. is pleased to announce the closing of its previously announced overnight marketed best efforts public offering of units of the Company at a price of $0.70 per Unit, for aggregate gross proceeds of $6,324,965. Each Unit consists of one common share in the capital of the Company and one half of one transferable Common Share purchase warrant . Each Warrant entitles the holder to purchase one Common Share [...]
Avanti Helium Corp. , is pleased to announce an increase in the size of the previously announced overnight marketed best efforts public offering of units of the Company . Due to increased demand, the size of the Offering, which is being conducted on a "best efforts" agency basis, has been increased by 10% for up to 7,857,100 Units at a price of C$0.70 per Unit for aggregate gross proceeds of up to C$5,499,970. Each Unit [...]
Avanti Helium Corp. , is pleased to announce that it has commenced an overnight marketed public offering of units of the Company, seeking to raise gross proceeds of approximately $5 million. Each Unit will be comprised of one common share of the Company and one-half of one common share purchase warrant . The number of Units to be distributed, the price of each Unit, and the exercise price of each Warrant will be [...]
Avanti Helium Corp. is pleased to announce 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 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. Avanti CEO Chris Bakker [...]
CALGARY, AB, Dec. 6, 2022 /CNW/ - Avanti Helium Corp. is pleased to 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. "We are very encouraged with the helium shows in WNG 10-21, and the potential of this appraisal well," commented [...]
Avanti Helium Corp. is pleased to announce the Company has spud its third helium well, WNG 10-21, an appraisal well on its Greater Knappen property, located in Montana. The WNG 10-21 will be drilled to a depth of approximately ~5,500 feet and will target both the Flathead Cambrian Sandstone and Souris River zones for helium production. The WNG 10-21 appraisal well is approximately 1 kilometre west and 50 metres down dip [...]
Avanti Helium Corp. is pleased to announce the closing of its previously announced overnight marketed best efforts public offering of units of the Company at a price of $0.66 per Unit, for aggregate gross proceeds of $6,440,000. Each Unit consists of one common share in the capital of the Company and one transferable Common Share purchase warrant . Each Warrant entitles the holder to purchase one Common Share at an [...]
Avanti Helium Corp. , is pleased to announce an increase in the previously announced overnight marketed best efforts public offering of units of the Company . Due to increased demand, the Offering, which is being conducted on a "best efforts" agency basis, has been increased up to 8,484,848 Units at a price of $0.66 per Unit for aggregate gross proceeds of up to $5,600,000. Each Unit will consist of one common share in [...]
Avanti Helium Corp. , is pleased to announce the pricing and terms of its previously announced overnight marketed best efforts public offering of units of the Company . The Offering is being conducted on a "best efforts" agency basis for the issuance of 7,575,758 Units at a price of $0.66 per Unit, for gross proceeds of $5,000,000. Each Unit will consist of one common share in the capital of the Company and one [...]
Avanti Helium Corp. , is pleased to announce that it has filed a preliminary short-form prospectus with the securities regulatory authorities in all provinces of Canada in connection with an overnight marketed best efforts public offering of units of the Company , seeking to raise gross proceeds of approximately $5 million. Each Unit will be comprised of one common share of the Company and one common share purchase [...]