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Aventis Energy Inc. Announces Flow-Through Financing
Globenewswireยท2025-06-20 21:00

Group 1: Offering Details - Aventis Energy Inc. announced a non-brokered private placement for gross proceeds of up to C$350,000.40 from the sale of up to 1,166,668 flow-through units at a price of C$0.30 per unit [1] - Each flow-through unit will consist of one common share and one half of a common share purchase warrant, with the warrant allowing the purchase of one common share at C$0.40 for 24 months [2] - The proceeds will be used for exploration on the Company's project portfolio, specifically for eligible Canadian exploration expenses [4] Group 2: Finder's Fees and Regulatory Compliance - The Company may pay finder's fees to third parties sourced by finders, and the offering will be conducted under accredited investor and minimum amount investment exemptions [3] - The securities from the sale will be subject to a statutory hold period in Canada, ending four months plus one day after the closing date of the offering [3][5] Group 3: Marketing Initiatives - Aventis Energy has increased its advertising budget with RMK Marketing Inc. to a total of C$500,000, with an additional C$250,000 allocated for marketing services [6] - RMK will coordinate marketing actions, optimize AdWords campaigns, and manage online marketing efforts without receiving any securities as compensation [7] Group 4: Company Overview - Aventis Energy Inc. is focused on mineral exploration, particularly in battery, base, and precious metals, and is advancing its Corvo Uranium & Sting Copper Project [8] - The Sting Copper Project spans approximately 12,700 hectares and is located in a region known for significant mineral occurrences [9]