|By Marketwired .||
|July 11, 2014 08:30 AM EDT||
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 07/11/14 -- Avanti Mining Inc. (TSX VENTURE:AVT) ("Avanti" or the "Company") announced today it has appointed Shawn Howarth to the position of Vice President, Corporate Development and Investor Relations.
Mr. Howarth is a former investment banker with 11 years of combined corporate finance and industry experience. Prior to joining Avanti, Mr. Howarth was an Associate Director at Standard Chartered Bank, advising clients on mergers and acquisitions in the mining and metals sector. Prior to Standard Chartered, Mr. Howarth worked at Gryphon Partners Canada, where he held various positions in their mining corporate advisory group. Mr. Howarth holds a MBA with a specialization in finance from the Richard Ivey School of Business (Western University) and a Bachelor of Applied Science from Queen's University.
"Shawn has extensive knowledge of both the capital markets and the mining industry, which will be a big asset for Avanti as it continues to review the longer term growth strategy of the Company," said Gordon Bogden, President and CEO of Avanti. "We are delighted to welcome him as part of our team."
Avanti also announced today it has granted 1,750,000 incentive stock options to employees of the Company, including an employee performing investor relations activities, at an exercise price of C$0.095 per share. These options are granted for a five-year term, and will vest over an 18-month period from the date of grant. The options were granted in accordance with the Company's Stock Option Plan approved by shareholders on May 28, 2014.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Avanti Mining Inc.
Gordon J. Bogden
Chief Executive Officer
Avanti Mining Inc.
Graham du Preez
Chief Financial Officer