11:53 AM EDT, 09/23/2025 (MT Newswires) -- Avanti Helium ( ARGYF ) Tuesday said it increased the size of its non-brokered private placement financing from 4 million units to up to 6 million units for aggregate gross proceeds of up to $1.5 million.

The units are priced at $0.25 each. Each unit will include one share and one-half share purchase warrant, with each warrant allowing the holder to buy one additional share at a price of $0.40 per share for a period of one year from the date of issue.

Chris Bakker, the chief executive officer and director of the company and other insiders are anticipated to participate in the private placement.

The company will use the proceeds of the offering for ongoing costs associated with its projects and general working capital requirements.

The offering is subject to the acceptance of the TSX Venture Exchange.

The company's shares were last seen down 2% to $0.24 on the TSX Venture Exchange.

Price: 0.24, Change: -0.01, Percent Change: -2.04