Avante Announces Private Placement Closing
Vancouver, British Columbia--(Newsfile Corp. - May 24, 2023) - AVANTE MINING CORP. (TSXV: AVA) (FSE: P210) (OTC Pink: ACPRF) (formerly ArcPacific Resources Ltd.) ("AVA" or the "Company") is pleased announce the closing of a non-brokered private of units (the "Private Placement").
In accordance with the terms of the Private Placement, the Company issued 937,500 units (the "Units") at a price of
The gross proceeds from the Private Placement of
All securities issued pursuant to the Private Placement are subject to a hold period of four months plus one day from the date of issuance and the resale rules of applicable securities legislation. The closing of the Private Placement is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory, including the approval of the TSX Venture Exchange.
In connection with the Private Placement, the Company paid finder fees of
CONTACT INFORMATION:
Adrian Smith, CEO and Director
Contact 1-778-331-3816
Adrian Smith asmith1661@gmail.com
About Avante
Avante Mining Corp. (TSXV: AVA) is a Canadian based exploration company. Avante owns an option for
The forward-looking statements contained in this press release are made as of the date hereof and Avante Mining Corp. undertakes no obligations to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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