Avanti Gold closes C$51.75 million bought-deal private placement at C$0.5 per unit
Bitget2026/09/23 13:46- Avanti Gold closed a bought-deal private placement raising C$51.75 million from 103,500,000 units priced at C$0.5.
- Each unit includes one common share, plus one-half warrant exercisable at C$0.65 for 36 months.
- Proceeds earmarked for a 42,000-meter 2026 drill program at the Misisi Project, plus a preliminary economic assessment.
- Underwriters received a 6% cash fee, plus 6,210,000 broker warrants exercisable at C$0.5 for 36 months.
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