Avanti Helium Corp. announced a non-brokered private placement financing of up to 1,250,000 units at a price of CAD 0.40 per Unit, for total proceeds of up to CAD 500,000 on March 20, 2024. Each Unit under the Offering will consist of one common share and one share purchase warrant, with each Warrant entitling the holder to purchase one additional share at a price of CAD 0.60 per share for a period of one year from the date of issue.

The Company may pay a finder's fee in cash and/or warrants under the Offering. Certain directors and officers of the Company are expected to participate in the private placement. All securities issued under the Offering, including securities issuable on the exercise thereof, are subject to a hold period expiring four months and one day from the date of issuance.

The Offering is subject to the acceptance of the TSX Venture Exchange.