Avanti Gold Corporation Announces a Private Placement Offering

(TheNewswire)

 7 July, 2025 – TheNewswire -AVANTI GOLD CORP. AGC (the “Company”) is pleased to announce anon brokered private placement offering consisting of 40,000,000 units(each, a “Unit”) at a price of $0.035 per Unit for gross proceedsof up to $1,400,000 (the “Offering”). Each Unit is comprised ofone common share (each a “Common Share”) in the share capital of the Company and onecommon share purchase warrant (each a “Warrant”). Each Warrant entitlesits holder to purchase one additional common share at a price of $0.05for a period of 12 months. The securities issued pursuant to thePrivate Placement will be subject to a four-month-and-one daystatutory hold period in accordance with applicable securitieslaw.

The proceeds of the Private Placement will be used forannual license fees of the Company’s Misisi Gold Project and generalworking capital purposes.

The lead investor in the Offering, Martino De Cicciowill become a 9.9% shareholder of the Company on a partially dilutedbasis upon closing of the Private Placement. Sir Sam Jonah, Chairmanof Avanti, Ian MacLean, CEO along with other Board members andmanagement are participating in the Offering and will become 19%shareholders of the Company on a partially diluted basis upon closingof the Private Placement. Insiders are considered “related parties” of the Companyfor the purposes of applicable securities laws and stock exchangerules. The subscription and issuance of Units by the Insidersconstitute related party transactions but are exempt from the formalvaluation and minority approval requirements of Regulation 61-101- Protection of Minority Security Holders in Special Transactions asneither the fair market value of the common shares and common sharepurchase warrants issued to each of the Insiders, nor theconsideration paid by such Insiders, exceeds 25% of the Company’smarket capitalization.

“We are pleased to have Mr. De Ciccio lead theOffering and participating alongside the Board and management.Martino’s participation in the Offering demonstrates the potentialof the Company’s gold assets in the DRC stated Sir Sam Jonah,Chairman  of Avanti.”

About Avanti Gold Corp.

        Avanti Gold Corp.  is a gold explorationcompany with a robust portfolio of projects in Africa. The        Company's flagship asset is the Misisi Project in the DemocraticRepublic of Congo (DRC), home         to the Akyanga gold deposit.The Akyanga deposit has an Inferred Mineral Resource of 44.3 milliontonnes (Mt) at an average gold grade of 2.37 grams per tonne (g/t),totalling 3.1 million ounces (Moz) of gold. The Misisi Project spansthree contiguous 30-year mining leases covering 133 square kilometers(km²) along the 55-kilometer-long Kibara Gold Belt, a prominentmetallogenic province known for hosting significant golddeposits.

This press release shall not constitute an offer tosell or the solicitation of an offer to buy nor shall there be anysale of the securities in the United States or in any otherjurisdiction in which such offer, solicitation or sale would beunlawful. The securities have not been registered under the U.S.Securities Act of 1933, as amended, and may not be offered or soldin the United States absent registration or an applicable exemptionfrom the registration requirements thereunder.

        Qualified Person

        Ephraim Masibhera, a “Qualified Person”as defined by National Instrument 43-101 - Standards of                Disclosure for Mineral Projects (“NI 43-101”),has reviewed the scientific and technicalinformation that forms the basis for this news release and hasapproved the disclosure herein. Historical information contained inthis news release cannot be relied upon as the Company’s QualifiedPerson, as defined under NI 43-101 has not prepared nor verified thehistorical information.

On behalf of the Board of Directors

AVANTI GOLD CORP.

Ian MacLean, CEO

Email: imaclean@avantigoldcorp.comOffice: +1 (604) 808-6300

Neither the Canadian Securities Exchange (CSE) norits Regulation Services Provider (as that term is defined in the policies of the CSE)accepts responsibility for the adequacy or accuracy of thisrelease.

This news release may containcertain “Forward-Looking Statements” within themeaning of the United States Private Securities Litigation Reform Actof 1995 and applicable Canadian securities laws. When or if used inthis news release,the words “anticipate”, “believe”, “estimate”, “expect”, “target,“plan”, “forecast”, “may”,“schedule”and similar words or expressions identify forward-looking statementsor information. Such statements represent the Company’s current viewswith respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, areinherently subject to significant business, economic,competitive, politicaland social risks, contingencies and uncertainties. These riskand uncertainties include, but are not limited to, the risk factorsset out in Avanti’s  annual and/or quarterly managementdiscussion and analysis and in other of its public disclosuredocuments filed on SEDAR+ at www.sedarplus.ca, as well as all assumptions regarding theforegoing. Many factors, both known and unknown,could cause results,performance or achievements to be materially different from theresults, performance or achievements that are or may be expressed orimplied bysuchforward-looking statements. The Company does not intend, and does not assume anyobligation, to update these forward-looking statements or informationto reflect changes in assumptions or changes in circumstances or anyother events affecting such statements and information other than asrequired by applicable laws, rules and regulations.

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