CALGARY, AB, April 10, 2024 /CNW/ - Avanti Helium Corp. (TSXV: AVN) (OTC: ARGYF) ("Avanti" or the "Company") is pleased to announce that, further to its press releases dated March 20, 2024 and April 4, 2024, it has closed the first tranche (the "First Tranche") of its previously announced non-brokered private placement (the "Offering") of units ("Units") of the Company by issuing 1,692,269 Units at a price of $0.40 per Unit for aggregate gross proceeds of $676,908. Each Unit is comprised of one (1) common share of the Company (a "Share") and one (1) Share purchase warrant (a "Warrant"), with each Warrant exercisable to acquire one (1) additional Share (a "Warrant Share") at an exercise price of $0.60 per Warrant Share until April 9, 2025.
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