CALGARY, AB, May 17, 2023 /CNW/ – Avanti Helium Corp. (TSXV: AVN) (OTC: ARGYF) (“Avanti” or the “Company”) is pleased to provide an operational update on its Sweetgrass Project within its Greater Knappen asset.

Land Secured for Helium Recovery Plant

Avanti is pleased to announce it has secured 40 acres of land in Liberty County, Montana which is expected to be the site of the Company’s Helium Recovery Unit (HRU) that will process raw gas from the WNG 10-21, and WNG 11-22 wells. The site is located ~3-4 miles from the Company’s Sweetgrass pool and is adjacent to an … Continue Reading

CALGARY, AB, May 17, 2023 /CNW/ – Avanti Helium Corp. (TSXV: AVN) (OTC: ARGYF) (“Avanti” or the “Company”) is pleased to provide an operational update on its Sweetgrass Project within its Greater Knappen asset.

Land Secured for Helium Recovery Plant

Avanti is pleased to announce it has secured 40 acres of land in Liberty County, Montana which is expected to be the site of the Company’s Helium Recovery Unit (HRU) that will process raw gas from the WNG 10-21, and WNG 11-22 wells. The site is located ~3-4 miles from the Company’s Sweetgrass pool and is adjacent to an … Continue Reading

CALGARY, AB, March 1, 2023 /CNW/ – Avanti Helium Corp. (TSXV: AVN) (OTC: ARGYF) (“Avanti” or the “Company”) is pleased to announce that it has received the lab results from the gas analysis from the Flathead Cambrian Zone at its WNG 10-21 Helium appraisal well in Greater Knappen, Montana.

The lab results showed the gas consisted of 1.15%-1.2% Helium, with ~97.5% Nitrogen, and minor showings of Methane and CO2 making up the remainder. Additional gas samples will be sent to a more specialized lab to determine if there are any additional noble gases.

“With Helium percentages in the … Continue Reading

CALGARY, AB, Feb. 6, 2023 /CNW/ – Avanti Helium Corp. (TSXV: AVN) (OTC: ARGYF) (“Avanti” or the “Company”) is pleased to announce the closing of its previously announced overnight marketed best efforts public offering (the “Offering”) of units of the Company (“Units”) at a price of $0.70 per Unit, for aggregate gross proceeds of $6,324,965. Each Unit consists of one common share (a “Common Share”) in the capital of the Company and one half of one transferable Common Share purchase warrant (each whole warrant, a “Warrant”). Each Warrant entitles the holder to purchase one Common Share at an … Continue Reading

CALGARY, AB, Jan. 25, 2023 /CNW/ – Avanti Helium Corp. (TSXV: AVN) (OTC: ARGYF) (“Avanti” or the “Company”) is pleased to announce that the WNG 10-21 Helium appraisal well has now been completed and the final total gas rate from the Flathead Cambrian Zone has been measured in excess of 20 million cubic feet/day (20 MMcf/d) at 1,250psi surface pressure after 72 hours of cleanup. The well, located at the Company’s Greater Knappen, Montana project was flowed up 7″ casing through a 1″ choke.

Avanti CEO Chris Bakker commented, “We knew the Helium percentage at the WNG 10-21 well … Continue Reading

CALGARY, AB, Dec. 6, 2022 /CNW/ – Avanti Helium Corp. (TSXV: AVN) (OTC: ARGYF) (the “Company”) is pleased to announce that it has successfully finished the drilling phase of its appraisal well, WNG 10-21, on its Greater Knappen project, located in Montana.

The WNG 10-21 well encountered helium bearing gas in both the Souris River and Flathead zones.

“We are very encouraged with the helium shows in WNG 10-21, and the potential of this appraisal well,” commented Cam Buss VP Operations. “Completions will help us to further understand the reservoir size and deliverability for future centralized production facility … Continue Reading

CALGARY, AB, Oct. 31, 2022 /CNW/ – Avanti Helium Corp. (TSXV: AVN) (OTC: ARGYF) (the “Company”) is pleased to announce the Company has spud its third helium well, WNG 10-21, an appraisal well on its Greater Knappen property, located in Montana.

The WNG 10-21 will be drilled to a depth of approximately ~5,500 feet and will target both the Flathead Cambrian Sandstone and Souris River zones for helium production. The WNG 10-21 appraisal well is approximately 1 kilometre west and 50 metres down dip of the Company’s WNG 11-22 helium well and 50 m down dip. Geological and … Continue Reading

CALGARY, AB, Oct. 24, 2022 /CNW/ – Avanti Helium Corp. (TSXV: AVN) (OTC: ARGYF) (the “Company”) is pleased to announce the closing of its previously announced overnight marketed best efforts public offering (the “Offering”) of units of the Company (“Units”) at a price of $0.66 per Unit, for aggregate gross proceeds of $6,440,000. Each Unit consists of one common share (a “Common Share”) in the capital of the Company and one transferable Common Share purchase warrant (each, a “Warrant”). Each Warrant entitles the holder to purchase one Common Share at an exercise price of $0.80 until October 24, … Continue Reading

CALGARY, AB, Sept. 13, 2022 /CNW/ – Avanti Helium Corp. (TSXV: AVN) (OTC: ARGYF) (the “Company”) is pleased to provide an update on the Company’s plans for 2022, recap its 2022 accomplishments to-date and offer important commentary on the current state of the global helium market. 

Chris Bakker, CEO, commented, “The helium market has been robust throughout 2022 with fundamentals still indicating helium demand continuing to heavily outweigh supply. With Russia’s export restrictions and higher natural gas prices causing other suppliers to stop refining helium from their gas streams, there has been a global helium shortage.1,2 From conversations … Continue Reading

CALGARY, AB, Aug. 31, 2022 /CNW/ – Avanti Helium Corp. (TSXV: AVN) (OTC: ARGYF) (“Avanti” or the “Company”) is pleased to announce that it has contracted T&S Drilling (“T&S”) to drill its WNG 10-21 helium appraisal well (“WNG 10-21”) into the WNG helium pool in the Greater Knappen region of Montana.

WNG 10-21 lease construction has been completed and T&S is preparing to mobilize the rig with a target to spud WNG 10-21 by the end of September.  WNG 10-21 is located approximately 1 km west of Avanti’s WNG 11-22 helium well and 50 m down structure in … Continue Reading

CALGARY, AB, Aug. 22, 2022 /CNW/ –  Avanti Helium Corp. (TSXV: AVN) (OTC: ARGYF) (“Avanti” or the “Company”) is pleased to announce that it has changed its name from “Avanti Energy Inc.” to “Avanti Helium Corp.” (the “Name Change”). The Company’s common shares (“Common Shares”) will commence trading on the TSX Venture Exchange under its existing stock symbol “AVN” effective August 22, 2022.

The CUSIP number assigned to the Common Shares following the Name Change will be 05351P108. No action will be required by existing shareholders of the Company with respect to the Name Change. Certificates representing Common … Continue Reading