Avanti Gold Corp. (AGC) Financings
CSE: AGC · Gold · Advanced Exploration stage
- Market cap$109.9M
- Share price$0.320
- 52-week range$0.315 – $1.10
- Shares outstanding343,323,533
- ExchangeCSE
- Properties2
- Websitewww.avantigoldcorp.com
Avanti Gold Corp. is a gold exploration company with a robust portfolio of projects in Africa. The Company's flagship asset is the Misisi Project in the Democratic Republic of Congo (DRC), home to the Akyanga gold deposit. The Akyanga deposit has an Inferred Mineral Resource of 44.3 million tonnes (Mt) at an average gold grade of 2.37 grams per tonne (g/t), totaling 3.1 million ounces (Moz) of gold. The Misisi Project spans three contiguous 30-year mining leases covering 133 square kilometers (km²) along the 55-kilometer-long Kibara Gold Belt, a prominent metallogenic province known for hosting significant gold deposits.
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Avanti Gold Corp. financial statements
Key figures read from 41 of 41 financial statement filings, Aug 28, 2015 to Sep 24, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| Apr 2026 | Apr 2025 | Apr 2024 | Apr 2023 | Apr 2022 | |
|---|---|---|---|---|---|
| Cash and equivalents | C$15,259,819 | C$14,500 | C$242,141 | C$281,038 | C$56,040 |
| Total current assets | C$16,015,927 | — | — | — | — |
| Property, plant and equipment | C$560,109 | — | — | — | — |
| Total assets | C$16,576,036 | C$85,305 | C$300,789 | C$353,647 | C$56,762 |
| Debt | — | C$0 | C$725,000 | C$0 | C$100,000 |
| Total liabilities | C$5,064,908 | C$10,000,719 | C$7,274,673 | C$5,941,352 | — |
| Shareholders' equity | C$11,511,128 | (C$9,915,414) | (C$6,973,884) | (C$5,587,705) | — |
Income statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Apr 2026 | FY Apr 2025 | FY Apr 2024 | FY Apr 2023 | FY Apr 2022 | |
|---|---|---|---|---|---|
| Exploration and evaluation expense | C$2,937,667 | C$5,612,619 | C$24,434 | C$12,639,565 | C$1,104,665 |
| General and administrative | C$3,769,650 | C$747,908 | C$1,348,199 | C$485,224 | C$131,148 |
| Share-based compensation | C$8,416,396 | C$1,146,207 | C$1,658,291 | C$642,028 | C$1,396,582 |
| Impairments and write-downs | — | C$0 | C$3,448 | C$97,795 | C$0 |
| Net income (loss) | (C$15,544,455) | (C$9,248,710) | (C$4,566,898) | (C$15,575,068) | (C$3,489,379) |
Cash flow statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Apr 2026 | FY Apr 2025 | FY Apr 2024 | FY Apr 2023 | FY Apr 2022 | |
|---|---|---|---|---|---|
| Operating cash flow | (C$12,711,573) | (C$901,814) | (C$2,319,925) | (C$2,511,442) | (C$246,775) |
| Investing cash flow | — | — | — | (C$655,751) | — |
| Financing cash flow | C$28,657,736 | C$637,184 | C$1,430,374 | C$2,976,550 | C$220,505 |
| Proceeds from share issues | — | — | — | C$2,745,300 | — |
| Change in cash | C$15,386,054 | (C$264,630) | (C$889,551) | (C$190,643) | (C$26,270) |
| Cash at end of period | C$15,259,819 | C$14,500 | C$242,141 | C$281,038 | C$56,040 |
Avanti Gold Corp. financings
1 financing announced or closed by Avanti Gold Corp., read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2026-08-31 | Avanti Gold Corp. (AGC) | Private placement, bought deal | Closed, 1 tranche | $51.8M | $0.500 | Avanti Gold Announces Bought Deal Private Placement, Board Restructuring and Annual General Meeting |
Avanti Gold Corp. debt and credit facilities
Convertible debentures and notes, loans, credit facilities, bonds, gold loans and prepayments Avanti Gold Corp. has announced, read by Mining News Terminal. A debt reported in several releases is listed once, at its latest stage.
| Date | Debt | Lender | Amount | Terms |
|---|---|---|---|---|
| 2022-05-18 | Loan, signed | — | C$450,000 | 10%, matures 2022-11-15 |