Vancouver, 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.

 

Each 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.

The 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.

The 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.

The 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.

The 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 approval of the Canadian Securities Exchange.

All securities issued pursuant to the Offering, including any securities issuable upon exercise thereof, will be subject to a statutory hold period of four months and one day in accordance with applicable Canadian securities laws.

The securities referred to in this news release have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws and may not be offered or sold within the United States or to, or for the account or benefit of, “U.S. Persons” (as such term is defined in Regulation S under the U.S. Securities Act) absent such registration or an applicable exemption from the registration requirements of the U.S. Securities Act. This news release does not constitute an offer for sale of securities for sale, nor a solicitation for offers to buy any securities. Any public offering of securities in the United States must be made by means of a prospectus containing detailed information about the company and management, as well as financial statements.

 

About Avventura Resources Ltd.

 

Avventura Resources Ltd. is a Canadian mineral exploration company focused on the acquisition and development of high-potential exploration projects. The Company is committed to responsible resource development and creating long-term value for its shareholders.

 

On Behalf of Avventura Resources Ltd.

Sean Flynn ‒ Chief Executive Officer

Tel: 250-857-2237

Email: info@avventuraresources.com

 

Cautionary Note Regarding Forward-Looking Statements

 

This news release includes certain forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein including, without limitation, statements regarding the anticipated business plans and timing of future activities of the Company, are forward-looking statements. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Often, but not always, forward looking information can be identified by words such as "pro forma", "plans", "expects", "will", "may", "should", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", "believes", "potential" or variations of such words including negative variations thereof, and phrases that refer to certain actions, events or results that may, could, would, might or will occur or be taken or achieved. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by the forward-looking statements. Such risks and other factors include, among others, completion of the Offering, the planned closing date, the intended use of proceeds of the Offering, statements as to the anticipated business plans and timing of future activities of the Company, the ability of the Company to obtain sufficient financing to fund its business activities and plans, delays in obtaining governmental and regulatory approvals (including of the Canadian Securities Exchange), permits or financing, changes in laws, regulations and policies affecting mining operations, currency fluctuations, title disputes or claims, environmental issues and liabilities, changes in laws, regulations and policies affecting mining operations, title disputes, the inability of the Company to obtain any necessary permits, consents, approvals or authorizations, the timing and possible outcome of any pending litigation, environmental issues and liabilities, and risks related to joint venture operations, and other risks and uncertainties disclosed in the Company's continuous disclosure documents. All of the Company's Canadian public disclosure filings may be accessed on the SEDAR+ website at www.sedarplus.ca and readers are urged to review these materials.

  

Readers are cautioned not to place undue reliance on forward-looking statements. The Company undertakes no obligation to update any of the forward-looking statements in this presentation or incorporated by reference herein, except as otherwise required by law.

  

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