Business
Avanti Helium Signs Strategic Non-Binding Term Sheet to Fast-Track Sweetgrass Helium Recovery Plant and Helium Sales Expansion
Avanti Helium Corp. (TSXV: AVN) (OTC: ARGYF) ("Avanti" or the "Company") is pleased to announce the signing of a non-binding term sheet with a publicly traded U.S.-based company ("the Partner") for the funding, construction, ownership, and operation of its Sweetgrass Helium Recovery Plant in Montana. Upon completion of the facility, the Partner will purchase the remaining available helium production for a term of five years.
About this update from Avanti Helium Corp.
[{"type":"text","content":"CALGARY, AB, Sept. 4, 2025 /CNW/ - Avanti Helium Corp. (TSXV: AVN) (OTC: ARGYF) ("Avanti" or the "Company") is pleased to announce the signing of a non-binding term sheet with a publicly traded U.S.-based company ("the Partner") for the funding, construction, ownership, and operation of its Sweetgrass Helium Recovery Plant in Montana. Upon completion of the facility, the Partner will purchase the remaining available helium production for a term of five years.","length":504,"tagName":"p"},{"type":"text","content":"Once final documents are completed, this agreement will mark a pivotal milestone in Avanti's journey toward first production and monetization of its flagship Sweetgrass asset. It will unlock access to third-party capital, accelerate project timelines, and expand commercial offtake volumes to 100% of production.","length":322,"tagName":"p"},{"type":"text","content":"Key Highlights of the Non-Binding Term Sheet:","length":45,"tagName":"p"},{"type":"text","content":"Turnkey Helium Plant Development","length":32,"tagName":"p"},{"type":"text","content":"The Partner will fund, build, own, and operate the Sweetgrass Helium Recovery Unit ("HRU"), with initial design capacity of 10 million cubic feet per day (MMcf/d), scalable to 15 MMcf/d based on production performance and reservoir analysis. This capital-efficient structure enables Avanti to remain focused on high-value exploration and development while leveraging the Partner's infrastructure expertise.","length":420,"tagName":"p"},{"type":"text","content":"Capital-Light Operating Model","length":29,"tagName":"p"},{"type":"text","content":"Upon commissioning, Avanti will pay the Partner a monthly fee based on a mutually agreed return on deployed capital. This model provides operational certainty and preserves shareholder capital by avoiding significant upfront capital expenditures.","length":246,"tagName":"p"},{"type":"text","content":"Pipeline Integration Option","length":27,"tagName":"p"},{"type":"text","content":"The Partner also holds an option to acquire Avanti's previously constructed Sweetgrass pipeline infrastructure, which connects its producing wells to the HRU site—streamlining operations and enhancing alignment between upstream and midstream functions.","length":256,"tagName":"p"},{"type":"text",...