Northwire Canada EditionTuesday, August 11, 2026
Northwire
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Financings

Avventura Resources Ltd. Announces $100,000 Loan Facility from Mid Atlantic Capital Associates Ltd.

AA · Price

Executive Summary

  • Avventura Resources Ltd. entered into a loan agreement with Mid Atlantic Capital Associates Ltd. for CAD 100,000.
  • The loan carries interest at 2% per annum and is secured by a General Security Agreement.
  • Proceeds are intended to bolster near‑term liquidity for corporate matters and upcoming exploration activities.

Key Details

  • Loan Amount: CAD 100,000.
  • Lender: Mid Atlantic Capital Associates Ltd. (“Mid Atlantic”).
  • Interest Rate: 2% per annum.
  • Security: General Security Agreement (GSA) executed between Avventura and Mid Atlantic, covering the loan with covenants and conditions as previously agreed.
  • Purpose of Funds: Strengthen near‑term liquidity; support corporate initiatives and preparation for upcoming exploration programs.
  • Fees: No finder’s fees or bonuses payable in connection with this loan.
  • Signatory: Sean Flynn – Chief Executive Officer, Avventura Resources Ltd.

Notable Quotes

(No direct quotes were provided in the release.)

Read the original news release →

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