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Avventura Resources Ltd. Announces Non-Brokered Private Placement and Engagement of Exclusive Finder
(via TheNewswire) Vancouver, British Columbia – TheNewswire - May 26, 2026 - Avventura Resources Ltd. (“Avventura” or the “Company”) (CSE: AA), a Canadian
About this update from Avventura Resources Ltd.
[{"type":"text","content":"\n \n(via TheNewswire)\n\n\n\n \n\n\nVancouver, British Columbia – TheNewswire - May 26, 2026 - Avventura Resources Ltd. (“Avventura” or the “Company”) (CSE: AA), a Canadian mineral exploration company, is pleased to announce that it intends to complete a non-brokered private placement (the “Offering”) of a minimum of 10,000,000 units and a maximum of 15,000,000 units of the Company (the “Units”) at a price of $0.10 per Unit, for minimum gross proceeds of $1,000,000 and maximum gross proceeds of up to $1,500,000.\n\n\n \n\n\nEach Unit will consist of one common share in the capital of the Company and one common share purchase warrant (each whole warrant, a “Warrant”). Each Warrant will entitle the holder to acquire one additional common share of the Company at an exercise price of $0.14 per share for a period of 36 months from the closing date of the Offering. \n\n\n\n\n\nThe Company further announces that it has engaged Research Capital Corporation (“RCC”) as the exclusive finder in connection with the Offering. In consideration for its services, RCC will receive a cash finder’s fee of 8% of the gross proceeds raised from subscribers introduced by RCC and 8% finders warrants, each finder’s warrant will entitle the holder to acquire one common share in the Company at a price of $0.10 for 36 months from issuance. Moreover, RCC will receive an advisory fee of $25,000 + GST and 250,000 Common Shares for their advisory services.\n\n\n\n\n\nThe net proceeds of the Offering are expected to be used for general working capital purposes and to advance exploration activities on the Company’s Horwood Property located near Timmins, Ontario, including follow-up work related to the Company’s recently announced initial rock sampling program, which included a reported grab sample result of up to 62.0 g/t Au, as previously disclosed by the Company. \n\n\n\n\n\nThe Company cautions that grab samples are selective in nature and may not be representative of mineralization on the property as a whole. Exploration on the Horwood Property remains at an early stage and further work will be required to evaluate the property’s mineral potential. \n\n\n\n\n\nThe Offering is expected to close on or about June 26, 2026, or such other date as determined by the Company, and is subject to receipt of all required regulatory approvals, including approva...