Core Viewpoint - Aventis Energy has amended its non-brokered private placement offering, now offering up to 1,400,000 flow-through units at a price of C$0.25 per unit, aiming for gross proceeds of C$350,000 to fund exploration activities on its project portfolio [1][4]. Offering Details - Each flow-through unit consists 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$0.35 for 24 months [2]. - The offering will be conducted under exemptions for accredited investors and minimum investment amounts, with a statutory hold period of four months plus one day following the closing date [3]. Use of Proceeds - Proceeds from the offering will be allocated to eligible Canadian exploration expenses that qualify as flow-through mining expenditures, with all qualifying expenditures renounced in favor of the subscribers effective December 31, 2025 [4]. Company Overview - Aventis Energy Inc. is focused on mineral exploration, particularly in battery, base, and precious metals, with ongoing projects including the Corvo Uranium and Sting Copper projects [6]. - The Corvo Uranium property has shown historical uranium mineralization with notable drill results, while the Sting Copper Project covers approximately 12,700 hectares with promising copper grades reported [7][8].
Aventis Energy Announces Amendment to Flow-Through Financing
Globenewswire·2025-06-30 20:30