On November 30, 2023, Avanti Helium Corp. closed the transaction. The company issued 4,686,500 units for aggregate gross proceeds of CAD 1,874,600 in the transaction. The transaction included participation from an insider of the company for a total of 50,000 units. The company paid an aggregate of CAD 129,822 and issued an aggregate of 324,555 Share purchase warrants in finder's fees. Each finder's warrant is exercisable to acquire one share at an exercise price of CAD 0.40 per finder's warrant share until November 30, 2025.All securities issued under and in connection with the offering are subject to a statutory hold period expiring on March 31, 2024, in accordance with applicable securities laws and the policies of the TSX Venture Exchange.

On December 5, 2023, the company announced that the transaction has been approved by the TSX Venture Exchange. The transaction included participation from four pro group involvement for a total of 900,000 units. The transaction included participation from 48 placees.