Financings
Aventis Energy Closes Second Tranche of Flow-Through Private Placement Financing

AVE · Price
Executive Summary
- Aventis Energy Inc. closed the second tranche of its non‑brokered private placement, issuing 2,453,660 flow‑through shares at C$0.41 per share for gross proceeds of C$1,006,000.60.
- Proceeds will be used to fund eligible Canadian exploration expenses on the Company’s project portfolio, including the Corvo Uranium and Sting Copper projects.
- As part of the closing, $60,360.04 was paid in cash and 147,219 finder’s warrants were issued as finder’s fees; all securities are subject to a four‑month‑plus‑one‑day statutory hold period.
Key Details
- Offering Size: 2,453,660 flow‑through (FT) shares
- Price per FT Share: C$0.41
- Aggregate Gross Proceeds: C$1,006,000.60
- Use of Proceeds: Eligible Canadian exploration expenses (“Qualifying Expenditures”) on Aventis’ projects in Canada; to be renounced to subscribers effective December 31 2025.
- Finder’s Compensation: $60,360.04 paid in cash plus issuance of 147,219 finder’s warrants (each warrant allows purchase of one common share at $0.41 for 24 months).
- Hold Period: All securities issued are subject to a statutory hold period of four months and one day.
- Regulatory Notice: Securities not registered under the U.S. Securities Act; cannot be offered or sold in the United States absent registration or exemption.
Notable Quotes
(No direct quotes were provided in the release.)
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