Avanti Helium Corp V.AVN.WT

.66 offering

[petrofac]

The common shares of the Company (the “Common Shares”) are listed for trading on the TSX Venture Exchange (the “TSX-V”) under the trading symbol “AVN” and on the OTC Markets Platform under the symbol “ARGYF”. On October 5, 2022, being the last trading day prior to the date hereof, the closing price of the Common Shares on the TSX-V was $0.66 and the closing price on the OTC Markets Platform was US$0.4679. See “Plan of Distribution”.

[littledave55555]

So how does this work, we can buy share for 66 cents ?? Until they make 5 million or what the puck lol

[gimebackmymoni]

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[gimebackmymoni]

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[wallpaper2]

No way of proving it unless you know someone working on the drill crew. Based on the last 2 wells I would bet my last $ that the hole is completed already. It may be bad or good but I think regardless of the results, the big boys could care less at this point in time. We need to reach the production stage and demonstrate record flows which will likely be spring 2023 at the earliest. Then the

[canuckktrader]

Just an FYI the company's short form prospectus is filed on Sedar for for the offering Signed by Raymond James, Beacon, and Cormark.

[littledave55555]

.66 cents is another 7.6 million shares added to the party do you think that is to much .... an the price will stick around 60 cents or do you think with good results this can still get to 2 bucks again ?? 

[gimebackmymoni]

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[littledave55555]

OK, chit happens thanks for the info ..

[gimebackmymoni]

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[canuckktrader]

ROFL here we go again with amatuer hour.........Burn is out of control. I've said it before and I'll say it again tell us you have ZERO experince with drilling and O&G well without saying I have ZERO experience. Please enlighten us all. How much do you think it costs to Drill, Complete and Test a Well to a TD of 7,000 feet. Please let us all know? So if/when they close this for more

[littledave55555]

ROFL , NOW THAT WAS AWESOME LOL

[littledave55555]

OK it says that the latest u can get shares is Oct 24 it will close unless they decide the close it earlyer, how do u buy shares .. on this night market.. ?? Is it after hours on the tsx ??

[canuckktrader]

Contact the Agents of the deal Raymond James, Beacon or Cormark typically would need to have an account with one of them.....but they will have it closed fast.

[littledave55555]

Thanks for the info canuckktrader ... This i will do ... 

[gimebackmymoni]

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[gimebackmymoni]

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[canuckktrader]

Markets are down in the toilet. Everyone knows that the TSX composite is down like 40% YTD, and to be honest, I think things are going to get nasty this winter, and I mean really bad.   AVN is down about 58% YTD, slightly higher than the composite but not nearly as high as some of their peers.   Total Helium is down 76%   Global Helium is down 76%   Helium

[gimebackmymoni]

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[canuckktrader]

You're most welcome. Another thing I would chime in is just around dilution. I think the company is massively undervalued, personally, I'm not overly concerned about the dilution until they get to about 100mm shares out. Plus, the more shares they can get out should hopefully help increase their volume, which is a good thing for everyone.   I think they have around 60mm shares

[littledave55555]

I would like to see them get there prosessing plant up an running ..... an start selling some of there product as soon as possible ... then they can worry about drilling wells on other properties down the road.... I worked in the oil industry ... on rigs an have seen a lot of coring rigs... it is very expencive to drill holes .... an a lot of times they don't work out for what they are looking

[wallpaper2]

I agree, without a producing well and a cash flow they are at the mercy of everything. Shorters will knock them back down the minute they make any gains and I doubt we can buck a weak world economy or any recession. I think we know have 5 months or more to pick up cheap shares. Some will be forced to sell and others will only hold their warrants. I'm thinking of unloading, I hate being bogged

[littledave55555]

I have this in my RRSP 1.10 share price.. I not retiring anytime soon so it can sit.. after Oct 24 an the offering closes , I'm betting there will be lots of good news from drill results to process.. it will get back to 2 bucks... maybe even 3 .. not much of anything else to buy anyways lol everything is going down for now

[wallpaper2]

littledave...what you are saying is they turned down a 90 cent pp for a 66 cent one and they are sitting on enough news to take this back to $2-$3 on the 24th.  Insiders are taking a huge chunk of the pp and are willing to go to jail over this fiasco?  wtf is going on????

[littledave55555]

nope lol I'm not saying lol I'm hoping ...lol see what happens

[canuckktrader]

Insiders can only do I think 15% or 20% of a placement so they can't load it up to themselves. Go to Jail? Easy there this is Canada, if that were the case every broker in Vancouver would be in jail and 80% of the chaps on bay street. ha ha 

[littledave55555]

I'm interested in see how fast this closes ..

[gimebackmymoni]

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[gimebackmymoni]

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[littledave55555]

nice thing about more shares ,it's more attractive to bigger investors.. GO AVN GO !!!UP UP UP !!! SLOW AN STEADY LIKE A BALLOON WITH HELIUM IN IT LOL GET IT HELIUM LOL

[canuckktrader]

Without question.... but it's easy to say why didn't they raise $20mm back at $1.50? I was thinking the same thing, hindsight is always 20/20. They need to plan a bit better, but I don't think it's a lack of ability, things are just crazy right now in the O&G world, and it's making it challenging for anyone to plan correctly. My company drilled 17 wells last year. I think

[gimebackmymoni]

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[gimebackmymoni]

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[gimebackmymoni]

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[gimebackmymoni]

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[canuckktrader]

It'll all depend on if they go gas or liquid...... liquid is a massive premium.