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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 Greygoat420on Apr 27, 2024 10:25am
190 Views
Post# 36010881

RE:Year end financials out

RE:Year end financials outRead the MD&A. Says they are now expecting to produce and sell helium by the end of 2024, now we know why the share price has dropped. That's a 6 month delay from previous forecast. They will need additional funding to get there, most likely additional shares to be issued. Will be interesting to know what caused the delay.  Time to email IR.
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