Avanti Gold Announces $35 Million Bought Deal Private Placement
Avanti Gold has announced a private placement deal with SCP Resource Finance LP, raising up to CAD 35 million through the issuance of 70 million units at C$0.50 each. The offering is fully underwritten and aims to provide capital for exploration activities on its properties in Argentina. The financing will support Avanti Gold's ongoing work on its high-grade gold projects, including the San Jose mine complex. Proceeds are expected to cover operational costs as well as further development of mineral resources.
Topics: capital raise financing private placement