Adventus Zinc is a recently formed company focused on zinc exploration in Ireland and Eastern Canada, holding a large license portfolio that includes the Rathkeale and Lismore projects in Ireland and the Buchans Project in Newfoundland. The company acquired an extensive portfolio of zinc exploration projects from Altius and its subsidiaries and intends to pursue acquisition of advanced zinc projects, maintaining a database of targets for acquisition over the next 6–12 months. Adventus Zinc plans to spend proceeds from its financings on work programs at Buchans, Rathkeale and Lismore, as well as on general corporate purposes and working capital. Management and technical support are to be provided in part via an interim services agreement with Altius, and the company has applied to list its common shares on the TSX Venture Exchange. Operationally the company has issued options (2.25M shares exercisable at $0.25, expiring in five years, vesting over three years) to management, directors and its Irish exploration team.

Total raised

$6M

Funding rounds

1

Latest round

Seed

Latest activity

Dec 2016