- Avanti Helium (OTCPK:ARGYF) announced on Wednesday a non-brokered private placement financing of up to 1.25M units at a price of $0.40/unit, for total proceeds of up to $500K.
- According to ARGYF, each Unit under the offering will consist of one common share and one share purchase warrant.
- The company expects some of its directors and officers to participate in the private placement.
- ARGYF plans to use the offering proceeds for various work related to its Helium Recovery Plant located on the Sweetgrass Pool in Montana, and for general working capital.
- Press Release
