19:34:19 EDT Sat 07 Sep 2024
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or Name
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Avanti Helium Corp
Symbol AVN
Shares Issued 93,214,424
Close 2024-07-09 C$ 0.215
Market Cap C$ 20,041,101
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Avanti Helium appoints Krizan as director

2024-07-10 14:30 ET - News Release

Mr. Chris Bakker reports

AVANTI HELIUM IS PLEASED TO ANNOUNCE THE APPOINTMENT OF BRAD KRIZAN TO THE BOARD OF DIRECTORS

Avanti Helium Corp. has appointed Brad Krizan to its board of directors as an independent board member, effective immediately.

Mr. Krizan is a prominent business and community leader based in Calgary. He brings a wealth of experience from his roles in both the private and public sectors, spanning various industries. His extensive board of directors experience includes organizations involved in regulatory and policy-making activities with government agencies, boards and commissions, as well as significant work with first nations. Mr. Krizan's background features comprehensive profit and loss oversight, strategic planning, and strategy execution, along with managing numerous corporate initiatives and major projects across diverse organizations.

Currently, Mr. Krizan serves on the board of directors for the Alberta Motor Vehicle Industry Council, Calgary Co-operative Association, Care Group of Pharmacies, Mistahiya Development Corp. and the Real Estate Insurance Exchange. His notable past board experience includes the Alberta Gaming, Liquor and Cannabis Commission, cSPACE Projects, the Calgary Convention Centre Authority, and the Safety Codes Council of Alberta.

Mr. Krizan holds a master of business administration degree from Royal Roads University, a bachelor of arts degree in urban and regional studies from the University of Lethbridge, and the Institute of Corporate Directors ICD.D designation.

"I am very pleased that Brad has accepted our offer to join the Avanti board," commented Chris Bakker, chief executive officer. "We have been acquainted for more than a decade and have been in discussions regarding his joining the board for well over a year. I have the highest regard for his professionalism and integrity."

In addition to his role as a non-independent director, Mr. Krizan will also chair the audit committee.

Stock options

The company has granted 150,000 stock options to certain directors and officers of the company. The options are exercisable at a price of 30 cents, have a term of five years and may be subject to certain vesting provisions as determined by the board of directors.

The directors of the corporation have also appointed Mr. Bakker to assume the role of president in addition to his role as CEO.

About Avanti Helium Corp

Avanti Helium is focused on the exploration, development and production of helium across Western Canada and the United States.

We seek Safe Harbor.

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