Aventis Energy Announces Warrant Expiry Acceleration
Globenewswire·2025-07-18 21:00

Core Points - Aventis Energy has decided to accelerate the expiry date of its outstanding common share purchase warrants, originally issued during a private placement financing on May 8, 2025, which are exercisable at C$0.10 per share [1][2] - The acceleration is triggered as the closing price of the company's shares has been at or above C$0.20 for ten consecutive trading days, leading to a new expiry date of August 17, 2025 [2][3] Company Overview - Aventis Energy Inc. is a mineral exploration company focused on developing strategic projects involving battery, base, and precious metals in stable jurisdictions [4] - The company is advancing its Corvo Uranium and Sting Copper projects [4] Corvo Uranium Project - The Corvo Uranium property has historical drill results showing multiple intervals of uranium mineralization over a strike length of 800 meters, with notable intersections of 0.116% U3O8 over 1.05 meters and 0.065% U3O8 over 0.15 meters [5] - High-grade uranium has been identified at surface levels, with the Manhattan showing ranging from 1.19% to 5.98% U3O8 [5] Sting Copper Project - The Sting Copper Project spans approximately 12,700 hectares and has reported results of 54.8 meters at 0.32% Cu starting from a depth of 27.0 meters [6] - Higher-grade intervals include samples ranging from 0.96% to 5.43% Cu, with specific high-grade samples of 2.85% Cu and 1.92% Cu [6]

Aventis Energy Announces Warrant Expiry Acceleration - Reportify