03:45 PM EST - Avanti Energy Inc. : reported that the first tranche of the private placement announced October 10, has closed effective October 24. The Company issued 1,050,000 common shares at $0.145 U.S. for proceeds of $152,250 U.S. The proceeds from the private placement will be added to the Company's working capital. Avanti Energy Inc.
shares V.AVN are trading down $0.05 at $0.25.
