Avanti Gold Corp. Announces $1.4 Million Private Placement

July 7, 2025 — NewsWall — Avanti Gold Corp. has announced a non-brokered private placement offering of 40,000,000 units at $0.035 per unit, aiming to raise gross proceeds of up to $1,400,000. Each unit includes one common share and one common share purchase warrant, with each warrant allowing the holder to buy an additional common share at $0.05 for 12 months. The securities are subject to a four-month-and-one-day statutory hold period.

The proceeds will be used for annual license fees for the Misisi Gold Project and general working capital.

Martino De Ciccio will become a 9.9% shareholder, while insiders, including Chairman Sir Sam Jonah and CEO Ian MacLean, will collectively become 19% shareholders upon closing. These insider transactions are exempt from formal valuation and minority approval requirements.

Avanti Gold Corp. is a gold exploration company with projects in Africa. Its main asset is the Misisi Project in the Democratic Republic of Congo, which hosts the Akyanga gold deposit with an Inferred Mineral Resource of 44.3 million tonnes at 2.37 g/t, totaling 3.1 million ounces of gold.

Ephraim Masibhera, a Qualified Person, has reviewed and approved the technical information in this release.

Ian MacLean, CEO, can be contacted at imaclean@avantigoldcorp.com or +1 (604) 808-6300.

Source: Avanti Gold Corp.