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· Chemical Engineering Online
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Avanti Helium Corp. has signed a definitive agreement with RiverFort Global Opportunities for a secured convertible credit facility of up to $10 million, subject to TSX Venture Exchange approval and standard closing conditions. The funding is intended to support Avanti’s helium production plans.

What impact do you think this type of convertible financing will have on Avanti’s timeline and the broader North American helium supply?

Avanti secures up to $10 million from RiverFort for helium production

This article was originally posted on chemengonline.com.
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Avanti Helium Corp. (Calgary, Alberta) has entered into a definitive investment agreement with RiverFort Global Opportunities PCC Ltd. (Gibraltar) for a secured convertible credit facility with an aggregate face value of up to $10 million (the “Facility”), subject to acceptance of the TSX Venture Exchange (TSXV) and the satisfaction of customary closing conditions. The financing […]

The post Avanti secures up to $10 million from RiverFort for helium production appeared first on Chemical Engineering.

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