CALGARY,
AB, June 18, 2024 /CNW/ - Avanti Helium
Corp. (TSXV: AVN) (OTC: ARGYF) ("Avanti" or the "Company")
announces the resignation of Robin
Gamley as president and a director of the Company for
personal health reasons.
"Rob has served as a president and board member for our
Company with great insight, advice and exceptional dedication. On
behalf of the Company and the board, we wish Rob well and hope for
a speedy recovery," commented Chris
Bakker, CEO for Avanti Helium Corp.
About Avanti Helium Corp
Avanti Helium is focused on the exploration, development, and
production of helium across western Canada and the
United States. Avanti's professional oil and gas exploration
and production team is actively targeting helium trapped in
structures to help meet the increasing global demand for an
irreplaceable and scarce element critical to advanced technology,
medical and space exploration industries. For more information,
please go to the Company's website
at www.avantihelium.com.
Forward-Looking Statements
The information set forth in this news release contains
forward-looking statements that are based on assumptions as of the
date of this news release, including statements relating to the
completion of the financing transaction described herein, including
satisfaction of the conditions to closing, statements relating to
the expectation that the Company will enter into helium purchase
agreement in accordance with the terms of the offtake LOI, the
expected use of proceeds from the financing transaction, the
expectation that the Company will be able to complete the
transactions herein and begin receiving cashflow from the
Sweetgrass project in Q2, 2024, and the expected impacts to the
Company's business that are disclosed herein which relate to the
completion of these transactions. These statements reflect
management's current estimates, beliefs, intentions and
expectations. They are not guarantees of future performance. The
Company cautions that all forward-looking statements are inherently
uncertain and that actual performance may be affected by a number
of material factors, many of which are beyond the Company's
control. Such factors include, among other things: the Company's
ability to satisfy the closing conditions for the financing
transaction, the Company negotiating and entering into the helium
purchase agreement, on terms favorable to the Company, or at all,
and timely completion of the infrastructure work, , risks
associated with helium exploration, development, production,
marketing and transportation, volatility in helium prices, risks
relating to the Company's ability to access sufficient capital from
production and external sources, risks and uncertainties
relating to the Company's limited operating history and the need to
comply with environmental and governmental regulations.
Accordingly, actual and future events, conditions and results may
differ materially from the estimates, beliefs, intentions and
expectations expressed or implied in the forward-looking
information. Except as required under applicable securities
legislation, the Company undertakes no obligation to publicly
update or revise forward-looking information. Please see the
public filings of the Company at
www.sedarplus.cfor further information and risks
applicable to the Company.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the Exchange)
accepts responsibility for the adequacy or accuracy of this
release.
SOURCE Avanti Helium Corp.