It seems we at Goldinvest.de are not alone in considering the gold explorer Avanti Gold (CSE AGC / WKN A3ECT4), which we introduced to our readers for the first time yesterday, to be extremely promising! The investor interest is clearly immense, considering that Avanti was able to close a CAD 25 million financing within just two days!
Originally, the financing was planned for “only” CAD 15 million, but apparently the demand was so high that just one day later, Avanti announced the increase of the so-called LIFE financing by 10 to CAD 25 million, as well as its closing!
Avanti Gold Increases Placement by CAD 10 Million
For this purpose, the company, which already holds over 3 million ounces of gold and significant potential for expanding deposits at its Misisi project in the DRC, is issuing up to 50 million units at a price of CAD 0.50 per unit, with each unit consisting of one Avanti common share and one-half of a warrant. Each full warrant entitles the holder to purchase one additional Avanti share at a price of CAD 0.65 for a period of 36 months.
Martin Pawlitschek, who was just appointed CEO of Avanti Gold, rightly states that this large and extremely quickly completed financing demonstrates investors’ confidence in the company’s plans and the quality of its assets. The company is now in a good position to advance the exploration and development of the Misisi project.
Excellent Management Team further Enhanced
Mr. Pawlitschek is part of an overall highly distinguished management team at Avanti. He is an experienced mining manager and geologist with over 30 years of experience in mineral exploration, resource development, and mining investments, possessing extensive expertise in Africa’s mining sector, particularly in the Democratic Republic of Congo. Mr. Pawlitschek joined the company’s board on July 23, 2025, and has since played a key role in resuming the company’s exploration activities while gaining a deeper understanding of the significant exploration potential of the Misisi Gold Project.
The almost equally important role of COO (Chief Operating Officer) is filled by Mohamed Cisse, another expert from Africa, who possesses extensive experience in mine development and operations, technical services, and HSE management, as well as significant experience in the Democratic Republic of Congo. Mr. Cisse held leadership positions at the Kibali mine with Randgold Resources (later Barrick) before moving to Resolute Mining, where he most recently served as General Manager of the Syama mine!
Not to mention that the company is led by Chairman Sir Samuel Jonah, the former President of AngloGold Ashanti, who transformed Moto Gold from 700,000 ounces into a world-class mine (Kibali) and has deep Africa and DRC expertise since 1992! Incidentally, Sir Jonah and other board members also participated in the financing.
According to Avanti Gold, the net proceeds from the placement will now primarily be used for further exploration work, including ground geophysical surveys and the expansion of planned drilling programs at the Misisi project. It will also be used as general working capital for the company, which hosts the Akyanga gold deposit, located within the Misisi project, and boasts a Canadian Standard 43-101 compliant inferred mineral resource of 41 million tonnes at an average grade of 2.37 g/t, totaling 3.1 million ounces of gold.
Conclusion
In our view, the amount raised and the speed with which the financing was completed impressively demonstrate investors’ confidence in Avanti Gold’s leadership and the quality of the Misisi project. This is also underscored by the share price at which the placement occurred. As recently as late June, an Avanti share cost just 3 cents! The Canadian market evidently views the financing positively, as Avanti’s share price surged by >11% to CAD 0.60 yesterday after the announcement. It is now already 20% above the financing price…
