VANCOUVER, BC -- (Marketwire) -- 05/03/12 -- Avanti Mining Inc. (TSX VENTURE: AVT) (PINKSHEETS: AVNMF) ("Avanti" or the "Company") is pleased to announce that the Final Environmental Assessment (EA) Application / Environmental Impact Statement (EIS) for the Kitsault Mine Project ("Project") in northern British Columbia (BC) has been accepted by [...]
VANCOUVER, BC -- (Marketwire) -- 05/01/12 -- Avanti Mining Inc. (TSX VENTURE: AVT) (PINKSHEETS: AVNMF) ("Avanti" or the "Company") is pleased to announce that the Final Environmental Assessment (EA) Application / Environmental Impact Statement (EIS) for the Kitsault Mine Project ("Project") in northern British Columbia (BC) has been accepted by [...]
VANCOUVER, BC -- (Marketwire) -- 04/30/12 -- Avanti Mining Inc. (TSX VENTURE: AVT) (PINKSHEETS: AVNMF) ("Avanti" or the "Company") is pleased to announce an update of the Kitsault Molybdenum Project Mineral Resource Statement. When compared to our Feasibility Study (2010) model, this resource update resulted in a tonnage increase of 95% in the [...]
VANCOUVER, BC -- (Marketwire) -- 04/23/12 -- Avanti Mining Inc. (TSX VENTURE: AVT) (PINKSHEETS: AVNMF) ("Avanti" or the "Company") announced today that it has granted an aggregate of 7,300,000 incentive stock options to its directors and certain officers of the company at an exercise price of Cdn$0.14 per share. The options will vest over an 18 [...]
VANCOUVER, BC -- (Marketwire) -- 04/20/12 -- Avanti Mining Inc. (TSX VENTURE: AVT) (PINKSHEETS: AVNMF) ("Avanti" or the "Company") announced today that in accordance with the terms of the Convertible Loan Agreement (the "2008 Loan Agreement") dated October 16, 2008, as amended October 2, 2009, between Avanti and Resource Capital Fund IV L.P [...]
VANCOUVER, BC -- (Marketwire) -- 04/19/12 -- Avanti Mining Inc. (TSX VENTURE: AVT) (PINKSHEETS: AVNMF) ("Avanti" or the "Company") is pleased to announce that it has entered into a mandate letter with five lenders for up to $640 million of project financing to develop the Kitsault molybdenum mine. The lending group is comprised of:
Avanti Mining is pleased to announce that it has hired Mark G. Premo as Chief Operating Officer of the Company and Chief Executive Officer of its wholly owned subsidiary, Avanti Kitsault Mine Ltd. The expected start date is June 4, 2012. Mark will be responsible for assembling the operating team to develop and operate the Kitsault molybdenum mine [...]
Avanti Mining announces that it has entered into a term sheet with Resource Capital Fund IV to extend the term of the $5 million bridge loan dated December 6, 2011 made by RCF to the Company. Pursuant to the term sheet, RCF has agreed to extend the maturity date of the bridge loan from April 15, 2012 to June 15, 2012 and the Company has agreed to [...]
Avanti Mining is pleased to announce that its Environmental Assessment Application for the Kitsault Mine Project in northern BC, has been accepted by the Province for formal review after the Screening Assessment. The Province has concluded that the draft EA Application meets the application requirements as stated in the Project Application [...]
Avanti Mining announced today that in accordance with the terms of a bridge loan facility dated December 6, 2011 between Avanti and Resource Capital Fund IV, Avanti has made an interest payment in the amount of CAD$39,452.05 on the bridge loan for the period from December 7, 2011 to December 31, 2011. According to the terms and conditions set out [...]
Standard & Poor's Canadian Index Operations announces the following index changes as a result of the quarterly S&P/TSX Preferred Share Index and S&P/TSX Venture Select Index Reviews. These changes will be effective at the open on Monday, January 23, 2012:
Avanti Mining announced today that in accordance with the terms of the Convertible Bridge Loan Agreement dated October 16, 2008, as amended October 2, 2009, between Avanti and Resource Capital Fund IV L.P., Avanti has made an interest payment in the amount of US$100,000.00 on the bridge loan for the period from October 1, 2011 to December 31, 2011 [...]
