Aventis Energy arranges $2.59-million private placement

Executive Summary

• Aventis Energy Inc. announced a non‑brokered private placement of up to 6,341,463 flow‑through shares at C$0.41 per share, targeting gross proceeds of approximately C$2.60 million.
• Proceeds will be used to fund eligible Canadian exploration expenses on the company’s project portfolio, including the Corvo uranium and Sting copper projects.
• The offering is subject to customary conditions, including receipt of approvals from the Canadian Securities Exchange; finders’ fees may be paid to third‑party introducers.

Key Details

• Offering Size: Up to 6,341,463 flow‑through (FT) shares.
• Price per FT Share: C$0.41.
• Maximum Gross Proceeds: C$2,599,999.83.
• Use of Proceeds: To incur eligible Canadian exploration expenses that qualify as flow‑through mining expenditures for Aventis’s projects in Canada; renounced to subscribers effective Dec 31 2025.
• Structure: Non‑brokered private placement offered under accredited investor and minimum amount investment exemptions (NI 45‑106) across all Canadian provinces.
• Statutory Hold Period: Four months plus one day after the closing date.
• Finders’ Fees: Company may pay fees to third parties sourced by finders.
• Regulatory Conditions: Subject to receipt of all necessary approvals, including approval from the Canadian Securities Exchange (CSE).

Notable Quotes

(No direct quotes were provided in the release.)