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Adventus Zinc Corporation (TSXV: ADZN) New Listing

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The company was incorporated in October 2016 as a wholly-owned subsidiary of Altius Minerals Corp Following its incorporation, Adventus Zinc acquired from Altius and its subsidiaries an extensive portfolio of zinc exploration projects in Ireland and Eastern Canada, which Altius had been assembling over the past 4 years.

Additional Information:

Company: Adventus Zinc Corporation
Website: http://www.adventuszinc.com
Stock Symbol: TSXV: ADZN
Date Published: Feb 14, 2017
Transcript: Available

Video Transcript:

I’m Samantha Deutscher for Investmentpitch Media

Adventus Zinc Corporation (TSXV:ADZN) is the latest new listing on the TSX Venture Exchange, and trades under the symbol “ADZN”.

The company was incorporated in October 2016 as a wholly-owned subsidiary of Altius Minerals Corp Following its incorporation, Adventus Zinc acquired from Altius and its subsidiaries an extensive portfolio of zinc exploration projects in Ireland and Eastern Canada, which Altius had been assembling over the past 4 years.

Ireland hosts Europe's largest zinc mine and Adventus Zinc's lands comprise the second largest license portfolio in the country, including Rathkeale, which hosts the projected westward extension of structures related to Glencore's Pallas Green Project and Teck/Connemara's Stonepark Project.

In Eastern Canada, the company holds the land position surrounding the old Buchans mine located in Newfoundland, one of the highest grade polymetallic VMS mines in the world.

In addition to advancing its exploration lands, Adventus Zinc intends to pursue the acquisition of
advanced zinc projects, and has created a database of zinc-related projects based on defined criteria, with the view of acquiring additional projects over the next 6-12 months.

The company is led by President and CEO, Christian Kargl-Simard, a professional engineer with over 13 years’ experience in the mining industry, having worked both in technical and finance roles.

He worked for 10 years in investment banking roles at Raymond James Ltd. and Haywood Securities Inc., during which time he was involved in financings, raising more than $7 billion, and more than 35 merger and acquisition transactions.

Christian Kargl-Simard stated "Adventus Zinc has the right backers and people, and now is the perfect time to be positioning a new zinc vehicle in the markets. We have high aspirations of making Adventus Zinc the next mid-tier base metals company through exploration and corporate development activities.”

The company has $9.8 million in working capital, following an IPO with Haywood Securities, which raised gross proceeds of $3 million from the sale of 6 million shares at $0.50.

Altius holds approximately 27% of the issued shares of Adventus following the vend‐ins and a previously completed private placement.

The shares are trading at $0.90, and with 45.6 million shares outstanding, the company is capitalized at $41.0 million.

For more information, please visit the company’s website www.adventuszinc.com, contact Christian Kargl-Simard, CEO, at 416-230-3440 or email christian@adventuszinc.com

I’m Samantha Deutscher for Investmentpitch Media