- CEO
- Chris Bakker
- Full Time Employees
- 19
- Sector
- Energy minerals
- Industry
- Oil & gas production
- Address
- 1810, 840 – 7th Avenue Street SW Calgary AB Canada T2P 3G2
- IPO Date
- Jun 30, 2011
- Business
- Avanti Helium Corp. (TSXV: AVN, OTC: ARGYF) is a Calgary, Alberta-based pure-play helium exploration company focused on the acquisition, exploration, development, and production of helium resources across western Canada and the United States; its principal assets include the Greater Knappen Project in southern Alberta and Montana, and the Leader Project, targeting helium trapped in stratigraphic structures to meet demand in advanced technology, medical imaging, semiconductor manufacturing, and space exploration industries. The company offers helium extraction and recovery services through planned facilities such as the Sweetgrass Helium Recovery Plant in Montana, designed to process up to 15,000 mcf/d of gas with helium concentrations supporting initial production targets of 110-165 mcf/d He. Founded in pursuit of helium opportunities amid global supply constraints, Avanti operates primarily in North American sedimentary basins with a team experienced in oil and gas exploration, land acquisition, drilling, and midstream infrastructure.
In recent developments, Avanti signed a strategic non-binding term sheet in September 2025 with a publicly traded U.S.-based partner to fund, construct, own, and operate the Sweetgrass Helium Recovery Plant, superseding a prior midstream agreement with IACX Resources Montana LLC and positioning the company for fully funded production and revenue generation targeted for 2026; the partner will purchase remaining helium output under a five-year offtake arrangement, enhancing scalability amid strengthening helium markets. Additionally, Avanti completed a non-brokered private placement financing in 2025, closing the first tranche in September and the final tranche in October for gross proceeds of approximately C$1,000,000 through 4,000,000 units, bolstering capital for development activities.