Aventis Energy completes second tranche of C$1.01 million financing

Aventis Energy Inc. (CSE: AVE | FRA: C0O | OTC: VBAMF) closed the second tranche of its flow-through private placement financing, raising C$1,006,000.60 through the sale of 2,453,660 flow-through shares at C$0.41 per share.

The Vancouver-based mineral exploration company announced the completion on November 21, following the initial announcement of the private placement on October 21. The company plans to use the proceeds for exploration activities on its Canadian project portfolio.

The flow-through shares qualify under Canada's Income Tax Act, allowing the company to renounce eligible Canadian exploration expenses to shareholders. All qualifying expenditures will be renounced effective December 31, 2025.

In connection with the financing, Aventis paid C$60,360.04 in cash finder's fees and issued 147,219 finder's warrants. Each warrant allows the holder to purchase one common share at C$0.41 for 24 months from the issuance date.

All securities issued are subject to a four-month and one-day statutory hold period. The securities have not been registered under U.S. securities laws and cannot be offered or sold in the United States without registration or an applicable exemption.

Aventis Energy focuses on developing battery, base and precious metal projects in stable jurisdictions. The company's portfolio includes the Corvo Uranium property, which has historical drill results showing uranium mineralization over an 800-meter strike length, and the Sting Copper Project covering approximately 12,700 hectares with recent results including 54.8 meters at 0.32% copper starting at 27.0 meters depth.

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