Aventis Energy Announces Amendment to Flow-Through Financing

Aventis Energy Announces Amendment to Flow-Through Financing

Benzinga
June 30, 2025

VANCOUVER, British Columbia, June 30, 2025 (GLOBE NEWSWIRE) -- Aventis Energy. ("Aventis" or the "Company") (CSE:AVE, FRA: C0O0, OTC:VBAMF), announces that it has amended the terms of its previously announced non-brokered private placement offering. The Company will now offer up to 1,400,000 flow-through units of the Company (each, a "FT Unit") at a price of C$0.25 per FT Unit for gross proceeds of C$350,000 (the "Offering"). The Company intends to use the proceeds from the Offering towards exploration on the Company's project portfolio.

Each FT Unit will consist of one (1) common share of the Company (each, a "Common Share") to be issued as a "flow-through share" within the meaning of the Income Tax Act (Canada) (each, a "FT Share") and one half (1/2) of one (1) Common Share purchase warrant (each whole warrant, a "Warrant"). Each Warrant will entitle the holder thereof to purchase one Common Share at a price of C$0.35 for a period of 24 months from the date of issuance.

The Company may pay finder's fees to third parties sourced by finders. The FT Units will be offered by way of the "accredited investor" and "minimum amount investment" exemptions under National Instrument 45-106, Prospectus Exemptions in all the provinces of Canada. The securities issuable pursuant to the sale of the FT Units will be subject to a statutory hold period in Canada ending on the date that is four months plus one day following the closing date of the Offering.

The gross proceeds from the sale of the FT Shares will be used by the Company to incur ...

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