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AVANTI HELIUM CONFIRMS HELIUM PERCENTAGES BETWEEN 1.15% - 1.2% FROM WNG 10-21 WELL
AVANTI HELIUM CONFIRMS HELIUM PERCENTAGES BETWEEN 1.15% - 1.2% FROM WNG 10-21 WELL Cana...
About this update from Avanti Helium Corp.
[{"type":"text","content":"\n \n \n \n AVANTI HELIUM CONFIRMS HELIUM PERCENTAGES BETWEEN 1.15% - 1.2% FROM WNG 10-21 WELL\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n CALGARY, AB\n \n \n ,\n \n \n March 1, 2023\n \n \n /CNW/ -\n \n Avanti Helium Corp.\n \n (TSXV: AVN) (OTC: ARGYF) (\"Avanti\" or the \"Company\") is pleased to announce that it has received the lab results from the gas analysis from the Flathead Cambrian Zone at its WNG 10-21 Helium appraisal well in Greater Knappen,\n \n Montana\n \n .\n \n \n The lab results showed the gas consisted of 1.15%-1.2% Helium, with ~97.5% Nitrogen, and minor showings of Methane and CO\n \n 2\n \n making up the remainder. Additional gas samples will be sent to a more specialized lab to determine if there are any additional noble gases.\n \n \n \"With Helium percentages in the 1.15 to 1.2% range, combined with great flow rate and surface pressure, our WNG 10-21 continues to deliver incredible results,\" said\n \n Chris Bakker\n \n , Avanti CEO.\n \n \n The Company also announces that the board of directors has granted incentive stock options to acquire up to an aggregate of 2,300,000 common shares. Of the options granted, 1,060,000 have been granted to directors and executives of the Company.  The options are exercisable at a price of\n \n $0.80\n \n , have a term of five years and may be subject to certain vesting provisions as determined by the board of directors.\n \n \n \n About Avanti Helium Corp\n \n \n \n Avanti Helium is focused on the exploration, development, and production of helium across western\n \n Canada\n \n and\n \n the United States\n \n . 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\n \n www.avantihelium.com\n \n .\n \n \n \n Forward-Looking Statements\n \n \n \n The information set forth in ...