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Avanti Helium Corp V.AVN

Alternate Symbol(s):  ARGYF | V.AVN.WT | V.AVN.WT.A

Avanti Helium Corp. is a Canada-based pure play helium exploration company. The Company is focused on the exploration, development, and production of helium across western Canada and the United States. Its projects include Greater Knappen Project and Leader Project. The Greater Knappen Project has identified key areas for helium exploration in Southern Alberta and Montana. The project covers an area of approximately 78,000 acres of prospective helium acreage within the Greater Knappen area. The asset has multiple helium target intervals in Devonian and Cambrian. In Alberta, it has a project in Aden and in NW Montana, there are four project areas: Sweetgrass, Keith, Kicking Horse and Police Coulee. Leader Project consists of several permit areas; each permit is in different areas in Southwestern Saskatchewan. The permit areas are Maple Ridge, Fox Valley, Burstall, Abbey and Kyle. It covers approximately 91,000 acres of helium prospective land.


TSXV:AVN - Post by User

Comment by Aurora64blue2on Mar 16, 2023 12:00pm
96 Views
Post# 35342649

RE:RE:Anticipated News Release

RE:RE:Anticipated News ReleaseGiven that the production start is currently scheduled for Q4 2023, and that it would probably take 6 - 9 months to complete constructon.  In my opinion, they would need to announce their financing terms, as well as any off take agreements by the end of March 2023.  Otherwise I think that they will no doubt miss their scheduled timeline for production.

They had also announced previously, ( as well as confirmed to me by email), that they had completed the FEED engineering for WGN - 21, and that they were now in the process of oreparing the site for the upcoming processing plant construction build.

Yesterday, I emailed the company on these topics, and I am waiting for some kind of answer.  Anticipating an NR sooner, rather than later based on the time line.

Cheers!
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