12:13 PM EST, 01/08/2025 (MT Newswires) -- Avanti Helium ( ARGYF ) Wednesday said it is upsizing a non-brokered private placement financing of share units to $1.53 million, up from its prior $1.2 million target.

The company now plans to offer up to 17.03-million units, with each priced at $0.09 and made up of a share and a three-year warrant to buy a second share for $0.15.

Proceeds will be used for ongoing costs associated with the company's projects and general working capital requirements.

Avanti shares were last seen down $0.005 to $0.105 on the TSX Venture Exchange.

Price: 0.11, Change: -0.01, Percent Change: -4.55