Avanti Mining Issues Shares in Lieu of Cash for Interest Payable Under Terms of RCF Bridge Loan And RCF Preconstruction Loan

Press Release

Vancouver, British Columbia: Avanti Mining Inc. (TSX-V: AVT) (“Avanti” or the “Company”) announced today that in accordance with the terms of the Amended and Restated Loan Agreement (the “Bridge Loan”) dated July 12, 2013, among Avanti, its wholly-owned subsidiary, Avanti Kitsault Mine Ltd. (“AKM”), CEF (Capital Markets) Limited, Resource Capital Fund IV, LP (“RCF IV”) and Resource Capital Fund VI, LP (“RCF VI”), Avanti has made interest payments in the aggregate amount of US$500,000 for the period from July 1, 2014 to September 30, 2014 by delivering to each of RCF IV and RCF VI, 3,114,955 common shares. In addition, in accordance with the terms of the Preconstruction Loan Agreement dated December 19, 2013, among Avanti, AKM and RCF VI, Avanti has made interest payments in the amount of US$1,000,000 for the period from July 1, 2014 to September 30, 2014 by delivering to RCF VI 12,459,821 common shares. All such shares will be subject to a four-month hold period.

For further information, please visit www.avantimining.com, or contact:

Shawn Howarth, Vice President, Corporate Development and Investor Relations, (416) 847-0376, or
Graham du Preez, Chief Financial Officer, (416) 847-0376

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