Aventis Energy Commences KorrAI Technology Program at the Corvo Uranium Project & Provides Corporate Update

Business Upturn

01-08-2025

By GlobeNewswire Published on August 1, 2025, 02:00 IST
VANCOUVER, British Columbia, July 31, 2025 (GLOBE NEWSWIRE) — Aventis Energy ('Aventis' or the 'Company') (CSE:AVE | FRA:C0O0 | OTC: VBAMF) is pleased to announce that it has commenced its KorrAI Technology Program (the 'Program') with KorrAI Technologies Inc. ('KorrAI') at the Corvo Uranium Project (the 'Corvo Project' or the 'Property') located in the Athabasca Basin, Saskatchewan.
Michael Mulberry, CEO & Director of the Company, commented, 'We are very excited to announce the commencement of our KorrAI Technology Program at the Corvo Project. We are fortunate to be partnering with a leading technology company and we believe KorrAI's proprietary hyperspectral imaging technology will heighten our geological understanding on the Property and enable us to uncover new information that can be utilized in future work programs.'
The Company will utilize KorrAI's exploration data management solution for its Corvo Project and will be provided with geospatial data products derived using proprietary algorithms including: Outcrop mapping using artificial intelligence to detect and digitize outcrop features;
Radon Stress Analysis which will provide the Company with potential uranium targets under till cover;
Iron oxide signatures over mapped outcrops;
Integration of existing geological and field sampling data for the establishment of a baseline AL/ML prospectivity model; and
Definition of exploration targets for field sampling and model validation.
Warrant & Options Exercises
The Company is also pleased to announce it has received aggregate proceeds of $1,067,577 from the exercise of common share purchase warrants of the Company as at July 30, 2025. The Company has also received aggregate proceeds of $150,700 from the exercise of options as at July 30, 2025.
Marketing Agreement
The Company is pleased to announce that it entered into an agreement (the 'Agreement') with RMK Marketing Inc. ('RMK') on July 31, 2025, (address: 41 Lana Terrace, Mississauga, Ont., Canada, L5A 3B2; e-mail: [email protected]) to provide marketing services for a term of four (4) months, commencing August 5, 2025 (the 'Term').
RMK is an independent company which will, as appropriate, co-ordinate marketing actions, maintain and optimize AdWords campaigns, adapt AdWords bidding strategies, optimize AdWords ads, provide project management and consulting for an online marketing campaign and create and optimize landing pages (the 'Services'). The promotional activity will occur by Google.
Under the terms of the Agreement, the Company will compensate RMK $250,000 (the 'Budget'), with an option to increase the Budget by $150,000 during the Term. The Term will expire at either the end of the relevant time period or when the Budget is fully spent. The Company will not issue any securities to RMK as compensation for the Services. As of the date hereof, to the Company's knowledge, RMK (including its directors and officers) does not own any securities of the Company and has an arm's-length relationship with the Company.
About KorrAI Technologies
KorrAI is an industry pioneer in providing remote monitoring solutions aimed at reducing operational risk. By leveraging satellite and geological data alongside advanced AI technologies, KorrAI detects and analyzes features and changes in Earth systems. Their system employs a robust and quantitative approach, effectively mitigating risks associated with exploration projects.
About Aventis Energy Inc.
Aventis Energy Inc. (CSE: AVE | FRA: C0O0 | OTC: VBAMF) is a mineral exploration company dedicated to the development of strategic projects comprised of battery, base and precious metals in stable jurisdictions. The Company is working to advance its Corvo Uranium & Sting Copper Project.
The Corvo Uranium property has historical drill holes intersected multiple intervals of uranium mineralization, notably along a strike length of 800 metres between historical drill holes TL-79-3 (0.116% U 3 O 8 over 1.05 m) and TL-79-5 (0.065% U 3 O 8 over 0.15 m) 2 . High-grade* Uranium at Surface with the Manhattan showing (1.19 to 5.98% U 3 O 8 ) and SMDI showing 2052 (0.137% U 3 O 8 and 2,300 ppm Th).
The Sting Copper Project covers approximately 12,700 hectares and recently had results of 54.8m at 0.32% Cu starting at a depth of 27.0m, with higher-grade intervals including six samples (≥0.5m length) ranging from 0.96% to 5.43% Cu. High grade samples of 0.5m at 2.85% Cu and 0.5m at 1.92% Cu with an additional broader interval of 31.1m at 0.27% Cu.
References
Mineral Assessment Report 64E13-0054: Norbaska Mines Ltd., 1979-1980
SMDI# 2052: https://mineraldeposits.saskatchewan.ca/Home/Viewdetails/2052 & Mineral Assessment Report MAW00047: Eagle Plains Resources Inc., 2011-2012
Vital Battery Metals Drills 20.5m of 1.21% Cu Including 5.0m of 2.22% Cu at Sting Copper Project., News Release, January 14, 2025. https://www.globenewswire.com/news-release/2025/01/14/3009258/0/en/Vital-Battery-Metals-Drills-20-5m-of-1-21-Cu-Including-5-0m-of-2-22-Cu-at-Sting-Copper-Project.html
On Behalf of the Board of Directors
Michael MulberryChief Executive Officer, Director+1 [phone]
[email protected]
Disclaimer for Forward-Looking Information
This news release includes certain 'Forward-Looking Statements' within the meaning of the United States Private Securities Litigation Reform Act of 1995 and 'forward-looking information' under applicable Canadian securities laws. When used in this news release, the words 'anticipate', 'believe', 'estimate', expect', 'target', 'plan', 'forecast', 'may', 'would', 'could', 'schedule' and similar words or expressions, identify forward-looking statements or information.
Forward-looking statements and forward-looking information relating to any future mineral production, liquidity, enhanced value and capital markets profile of Aventis, future growth potential for Aventis and its business, and future exploration plans are based on management's reasonable assumptions, estimates, expectations, analyses and opinions, which are based on management's experience and perception of trends, current conditions and expected developments, and other factors that management believes are relevant and reasonable in the circumstances, but which may prove to be incorrect. Assumptions have been made regarding, among other things, the price of uranium, copper, gold and other metals; costs of exploration and development; the estimated costs of development of exploration projects; Aventis' ability to operate in a safe and effective manner and its ability to obtain financing on reasonable terms.
This news release contains 'forward-looking information' within the meaning of the Canadian securities laws. Statements, other than statements of historical fact, may constitute forward looking information and include, without limitation, statements with respect to the Project and its mineralization potential; the Company's objectives, goals, or future plans with respect to the Project; statements with respect to the Program by KorrAI; expected benefits of using the Program and the Company's partnership with KorrAI; statements respecting the provision of the Services by RMK under the Agreement; and the Company's anticipated exploration program at the Project. With respect to the forward-looking information contained in this news release, the Company has made numerous assumptions regarding, among other things, the geological, metallurgical, engineering, financial and economic advice that the Company has received is reliable and are based upon practices and methodologies which are consistent with industry standards. While the Company considers these assumptions to be reasonable, these assumptions are inherently subject to significant uncertainties and contingencies. Additionally, there are known and unknown risk factors which could cause the Company's actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information contained herein. Known risk factors include, among others: fluctuations in commodity prices and currency exchange rates; uncertainties relating to interpretation of well results and the geology, continuity and grade of uranium, copper, gold and other metal deposits; uncertainty of estimates of capital and operating costs, recovery rates, production estimates and estimated economic return; the need for cooperation of government agencies in the exploration and development of properties and the issuance of required permits; the need to obtain additional financing to develop properties and uncertainty as to the availability and terms of future financing; the possibility of delay in exploration or development programs or in construction projects and uncertainty of meeting anticipated program milestones; uncertainty as to timely availability of permits and other governmental approvals; increased costs and restrictions on operations due to compliance with environmental and other requirements; increased costs affecting the metals industry and increased competition in the metals industry for properties, qualified personnel, and management. All forward-looking information herein is qualified in its entirety by this cautionary statement, and the Company disclaims any obligation to revise or update any such forward-looking information or to publicly announce the result of any revisions to any of the forward-looking information contained herein to reflect future results, events or developments, except as required by law.
The Canadian Securities Exchange (CSE) does not accept responsibility for the adequacy or accuracy of this release.
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