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CEO buying at Avanti Helium (V:AVN)

Updated Monday Nov 13, 2023 02:45 AM EDT

Chris Bakker, CEO, acquired 1,444,500 Common Shares on a direct ownership basis at a price of $0.450 through a prospectus or prospectus exempt offering on November 10th, 2023. The insider also acquired 722,250 Warrants with an exercise price of $0.600 until November 10, 2025. This represents a $650,025 investment into the company's shares and an account share holdings change of 60.3%.

One other insider also participated in a smaller amount.

Avanti Helium is in the Oil & Gas Exploration and Production Sub Industry Group under the Energy Sector.

Avanti Helium Corp. is a Canada-based gas exploration company. The Company is focused on helium exploration and development resources 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. The Leader project area, located in southwest Saskatchewan, contains three helium exploration permits for a total of approximately 63,000 acres. The permits were identified and acquired, based on the Company's detailed geological models and technical assessment. Its targeted zones are the Devonian Souris River and Cambrian Deadwood SS with known helium concentrations up to 1.4% and nitrogen up to approximately 98%.

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Go to Avanti Helium Corp. (AVN)'s company page

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