Avanti Issues Shares in Lieu of Cash

VANCOUVER, BRITISH COLUMBIA–(Marketwire – July 7, 2009) – Avanti Mining Inc. (TSX VENTURE:AVTNews), (“Avanti”) announces that in accordance with the terms of a US$20 million bridge loan facility agreement (the “Loan Agreement”) dated October 16, 2008, between Avanti and Resource Capital Fund IV L.P. (“RCF”), Avanti has made an interest payment in the amount of US$750,000 on the bridge loan. According to the terms and conditions set out in the Loan Agreement, RCF has the option to receive interest payments in the form of common shares of Avanti.

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