Northwire Canada EditionTuesday, August 11, 2026
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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.)

Read the original news release →

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