TORONTO, Aug. 16 /CNW/ - The common shares of Avanti Mining Inc. have
been approved for listing on CNQ. Following the Initial Public Offering of
48 million units at $0.05 per unit comprising one common share and one
transferable share purchase warrant exercisable at $0.10, there are
51.025 million common shares outstanding with a public float of 17.7 million
common shares. Haywood Securities Inc. acted as Agent on the Offering.
Avanti Mining is engaged in the business of acquiring, exploring for and
developing mineral properties. Pursuant to an Option Agreement, the
Corporation holds an option to acquire a 100% interest in each of the Hit
Prospect and the Miss Prospect in the Similkameen Mining Division, British
Listing and disclosure documents for Avanti Mining Inc. will be available
in the CNQ Listings Disclosure Hall
Trading Date: Monday, August 20, 2007 Symbol: AVMI CUSIP: 053504 10 6
Applications are being accepted for Market Makers for "AVMI".
For further information:
For further information: Radhika Ramkarran at (416) 572-2000 X 2435 or