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VANCOUVER, British Columbia, July 18, 2025 (GLOBE NEWSWIRE) — Aventis Energy. (“Aventis” or the “Company”) (CSE: AVE | FRA: C0O0 | OTC: VBAMF), announces that the Company has elected to accelerate the expiry date of outstanding common share purchase warrants of the Company originally issued in connection with the closing of a private placement financing on May 8, 2025 (the “Financing”), exercisable at C$0.10 per common share (the “May 2025 Warrants”).
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Pursuant to the terms of the May 2025 Warrants, the Company may accelerate the expiry date of the May 2025 Warrants if the closing price of the Company’s common shares on the Canadian Securities Exchange (the “CSE“) equals or exceeds C$0.20 for ten (10) consecutive trading days (the “Acceleration Period”), to the date which is thirty (30) days following the dissemination of a news release announcing the acceleration. As the closing price of the Company’s common shares has equaled or exceeded C$0.20 per share over each of the last ten (10) trading days ended July 17, 2025 on the CSE, the Company hereby provides notice of the Acceleration Period in accordance with the terms of the May 2025 Warrants. The Company is exercising its right to accelerate the expiry of the May 2025 Warrants originally issued under the Financing to 5:00 p.m. (Vancouver Time) on August 17, 2025 (the “Accelerated Expiry Date“). Any May 2025 Warrants remaining unexercised after the Accelerated Expiry Date will expire and be of no force and effect.
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There is no assurance that any or all of the May 2025 Warrants will be exercised. Holders may exercise the May 2025 Warrants before the Accelerated Expiry Date by observing the process as described in the May 2025 Warrant certificates.
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About Aventis Energy Inc.
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Aventis Energy Inc. (CSE: AVE | FRA: C0O0 | OTC: VBAMF) is a mineral exploration company dedicated to the development of strategic projects comprised of battery, base and precious metals in stable jurisdictions. The Company is working to advance its Corvo Uranium & Sting Copper Project.
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The Corvo Uranium property has historical drill holes intersected multiple intervals of uranium mineralization, notably along a strike length of 800 metres between historical drill holes TL-79-3 (0.116% U3O8 over 1.05 m) and TL-79-5 (0.065% U3O8 over 0.15 m)2. High-grade* Uranium at Surface with the Manhattan showing (1.19 to 5.98% U3O8) and SMDI showing 2052 (0.137% U3O8 and 2,300 ppm Th).
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The Sting Copper Project covers approximately 12,700 hectares and recently had results of 54.8m at 0.32% Cu starting at a depth of 27.0m, with higher-grade intervals including six samples (≥0.5m length) ranging from 0.96% to 5.43% Cu. High grade samples of 0.5m at 2.85% Cu and 0.5m at 1.92% Cu with an additional broader interval of 31.1m at 0.27% Cu.
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References
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Mineral Assessment Report 64E13-0054: Norbaska Mines Ltd., 1979-1980
SMDI# 2052: https://mineraldeposits.saskatchewan.ca/Home/Viewdetails/2052 & Mineral Assessment Report MAW00047: Eagle Plains Resources Inc., 2011-2012
Vital Battery Metals Drills 20.5m of 1.21% Cu Including 5.0m of 2.22% Cu at Sting Copper Project., News Release, January 14, 2025. https://www.globenewswire.com/news-release/2025/01/14/3009258/0/en/Vital-Battery-Metals-Drills-20-5m-of-1-21-Cu-Including-5-0m-of-2-22-Cu-at-Sting-Copper-Project.html
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On Behalf of the Board of Directors
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Mandeep Parmar
Interim Chief Executive Officer, Director
+1 (604) 229-9772
[email protected]
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Disclaimer for Forward-Looking Information
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This news release includes certain “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and “forward-looking information” under applicable Canadian securities laws. When used in this news release, the words “anticipate”, “believe”, “estimate”, expect”, “target”, “plan”, “forecast”, “may”, “would”, “could”, “schedule” and similar words or expressions, identify forward-looking statements or information.