Avventura Resources closes IPO, private placement

Executive Summary

• Avventura Resources Ltd. completed its initial public offering (IPO) of 6.06 million common shares at $0.10 per share, generating gross proceeds of $606,000.
• Concurrently, the company closed a non-brokered private placement of 200,000 shares at $0.10 per share, raising an additional $20,000.
• Net proceeds from both financings will be allocated to working capital and the exploration of the company's Horwood property in Ontario.

Key Details

• IPO Structure & Proceeds: 6,060,000 common shares issued (including 60,000 shares from an overallotment option) at $0.10 per share for gross proceeds of $606,000.
• Private Placement Structure & Proceeds: 200,000 shares issued at $0.10 per share for gross proceeds of $20,000.
• Use of Proceeds: Working capital and exploration of the Horwood property.
• Horwood Property Details: Comprises 296 mining claim cells arranged into 45 multicell claims, forming two non-contiguous blocks covering 68.36 square kilometres. Located in Horwood and Silk townships, Sudbury district, Ontario, approximately 90 km southwest of Timmins.
• Agent Compensation: Research Capital Corp. received a $60,600 cash commission and a $32,000 corporate finance fee (plus GST) for the IPO.
• Agent Warrants: 606,000 compensation warrants granted to the agent and selling group, exercisable at $0.10 per share until August 25, 2027.
• Finder's Fee & Warrants: For the concurrent private placement, the agent (acting as finder) received a $2,000 cash fee and 20,000 non-transferable finder's warrants, exercisable at $0.10 per share until August 25, 2027.
• Hold Period: All securities issued in the concurrent financing are subject to a 4-month and 1-day hold period in Canada, expiring on December 26, 2025.
• Listing & Trading: Shares listed on the Canadian Securities Exchange on August 22, 2025. Trading was halted pending the IPO closing and is expected to resume on August 26, 2025, under the ticker symbol AA.
• Prospectus: Offered pursuant to the final long form prospectus dated May 27, 2025, accessible via SEDAR+.