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Valorem Resources ( (TSE:AGC) ) has provided an announcement.
Avanti Gold Corp., a company involved in gold exploration, has announced a private placement offering to raise up to C$15 million. The offering, managed by SCP Resource Finance LP and a syndicate of agents, involves the sale of 30,000,000 units at C$0.50 each, with proceeds intended for exploration at the Misisi Project and general corporate purposes. The offering is expected to close by October 20, 2025, subject to regulatory approvals, and involves participation from insiders and strategic investors.
More about Valorem Resources
Average Trading Volume: 594,082
Technical Sentiment Signal: Buy
Current Market Cap: C$73.85M
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