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Newsfile Corp (Canada) — All Releases·CA·

Avanti Gold Announces Bought Deal Private Placement, Board Restructuring and Annual General Meeting

HIGHLIGHTSC$35 million bought deal private placement of units at C$0.50 per unit, on a fully underwritten basis.Each unit comprises one common share and one-half of one common share purchase warrant, each whole warrant exercisable at C$0.65 for a term of 36 months from the date of issuance.Net proceeds are intended to fund the Company's announced 42,000-metre 2026 drill program across the full Misisi permit area, advancement of a maiden Preliminary Economic Assessment on the Misisi Project, and...

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