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Avanti Advances at Sweetgrass Pool in Greater Knappen, Montana

Avanti Helium progressed on its Helium Recovery Unit (HRU) at the Sweetgrass pool, with the completion of ancillary pipelines connecting the WNG 11-22 and WNG 10-21 wells to the HRU site. The fabrication of well site skids and the inlet separation facility has been finished, with transportation to Montana planned in the coming weeks. The Company expects it will begin receiving cashflow from the Sweetgrass project in Q2 2024. Additionally, the company's recent annual general meeting resulted in shareholder-approved amendments to its stock option and equity incentive compensation plans.

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