AVMI: Avanti Mining

new listed company on CNQ. talked to management told me they plan to buy molybednum product streams from mining companies similar to Silver wheaton. also has couple of gold properties in BC. may diversify into gold. nibbling here and participated in recent PP. may not do a lot for couple of months as they are evaluating options

AVANTI MINING ANNOUNCES $10 MILLION FINANCING
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE U.S.
November 9, 2007 CNQ: AVMI
Vancouver, British Columbia: Craig J. Nelsen, President and CEO of Avanti Mining Inc.(CNQ:AVMI) today announces a non-brokered private placement financing of common share units at a price of C$0.60 per unit, for proceeds of up to C$10,000,000, resulting in the issuance of up to 16,666,667 shares upon completion of the financing transaction. Each unit will consist of one common share and one half of a share purchase warrant exercisable for two years at a price of C$0.90 per warrant. There are no commissions or finder’s fees payable in connection with this private placement, and the financing is subject to regulatory approval. Proceeds will be used for ongoing exploration expenditures on its two mineral claims in the Similkameen Mining Division of British Columbia and for acquisition of mineral resource projects, including molybdenum properties at various stages of development. Closing is expected to occur on or about November 27, 2007. The shares issued in connection with the Private Placement will have a hold period of four months and one day.
Avanti Mining Inc. is a newly formed company focused on acquiring, exploring, and developing mineral resource projects. With its initial focus on molybdenum, its strategy will be to purchase by-product molybdenum production streams from copper producers; to acquire advanced molybdenum prospects which can be advanced towards development; and to acquire other junior molybdenum producers or developers.

AVANTI MINING ANNOUNCES COMPLETION OF PRIVATE PLACEMENT
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE U .S.
November 28, 2007 CNQ:AVMI
Vancouver, British Columbia: Craig J. Nelsen, President and CEO of Avanti Mining Inc. (CNQ:AVMI)
(“Avanti”), is pleased to announce that Avanti has closed the first tranche of its private placement on a nonbrokered
basis, originally announced on November 9, 2007, raising net proceeds of C$7,602,013.20 through the
issuance of 12,670,022 Units at a price of C$0.60.
Each unit consists of one common share and one-half of a share purchase warrant exercisable for two years at a
price of C$0.90 per warrant. There are no commissions or finder’s fees payable in connection with this private
placement. After giving effect to the private placement, Avanti will have 63,951,023 common shares issued and
outstanding. All securities issued in connection with this private placement will have a hold period of four months
and one day.
Avanti intends to close a second tranche of C$1,398,000.00 on or around November 29, 2007.
Proceeds will be used for ongoing exploration expenditures on its two mineral claims in the Similkameen Mining
Division of British Columbia and for acquisition of mineral resource projects, including molybdenum properties at
various stages of development.
Avanti Mining Inc. is a newly formed company focused on acquiring, exploring, and developing mineral resource
projects. With its initial focus on molybdenum, its strategy will be to purchase by-product molybdenum
production streams from copper producers; to acquire advanced molybdenum prospects that can be advanced
towards development; and to acquire other junior molybdenum producers or developers.