VANCOUVER, British Columbia, July 30, 2025 (GLOBE NEWSWIRE) -- Aventis Energy ("Aventis" or the "Company") (CSE:AVE | FRA:C0O0 | OTC: VBAMF) is pleased to announce the appointment of Michael Mulberry, current Director of Aventis, as Chief Executive Officer and Corporate Secretary of the Company and the appointment of Mr. John Eren as a Director of the Company, effective immediately. About Aventis Energy Inc. Aventis Energy Inc. (CSE: AVE | FRA: C0O0 | OTC: VBAMF) is a mineral exploration company dedicated t ...

Core Viewpoint - Grizzly Discoveries Inc. is conducting a private placement to raise up to $1,000,000 while simultaneously settling $500,000 in outstanding debt to APEX Geoscience Ltd. for geological services related to its mineral properties [1][7]. Private Placement Offering - The Offering includes up to 8,333,333 Units and up to 25,000,000 FT Units, priced at $0.03 each [2]. - Each Unit consists of one common share and one warrant, allowing the purchase of an additional common share at $0.05, expiring under specific conditions [2]. - The Offering is available to qualified subscribers in Alberta, British Columbia, Ontario, and other jurisdictions as determined by the Company [2]. Use of Proceeds - If fully subscribed, the proceeds will be allocated as follows: - $750,000 for mineral property exploration - $80,000 for mineral rights and exploration permits - $12,000 for outstanding management fees - $65,000 for other accounts payable - $93,000 for corporate overhead [3]. Debt Settlement Agreement - The Company has agreed to settle $500,000 in accounts payable to APEX by issuing 8,333,334 Units at a deemed price of $0.03 per Unit and a promissory note of $250,000 with 5% annual interest [7][8]. - The promissory note matures in two years and interest may be paid in common shares at the Company's option [8]. Corporate Update - Greenwood Project - Grizzly has received four new five-year drilling permits from the BC Ministry of Mining for drill testing in target areas including Midway, Imperial, Sappho, and Copper Mountain [11]. - Plans are underway for aggressive drilling in 2025 at the Motherlode Mine area, focusing on copper-gold-silver mineralization [16]. Historical Production and Exploration Data - The Motherlode Mine historically produced significant quantities of copper, gold, and silver between 1900-1920 and 1957-1962 [14]. - Recent sampling from the Motherlode area has shown high grades of copper (up to 4.88%), gold (up to 6.65 g/t), and silver (up to 51.3 g/t) [14]. - New showings near the Midway Mine have yielded up to 5.64 g/t gold and 2,140 g/t silver, indicating potential for further high-grade mineralization [19]. Company Overview - Grizzly Discoveries Inc. is a diversified Canadian mineral exploration company focused on developing approximately 72,700 hectares of precious and critical minerals properties in southeastern British Columbia [22].