Avanti Helium Settles Debt with Equity Issuance

Avanti Energy (TSE:AVN) has released an update.

Avanti Helium Corp. has completed a debt settlement by issuing over 1.39 million common shares to pay off approximately $412K in trade payables. These shares are subject to a hold period until December and are part of the company’s efforts to manage its finances while focusing on the exploration and production of helium, a critical element for advanced technologies.

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