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Blue Star Helium Issues 673 Million Shares to Strengthen Market Position

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Blue Star Helium Issues 673 Million Shares to Strengthen Market Position

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An announcement from Blue Star Helium ( (AU:BNL) ) is now available.

Blue Star Helium Limited announced the issuance of 673,000,000 fully paid ordinary shares without disclosure to investors under the Corporations Act 2001. This strategic move aligns with the company’s compliance with relevant legal provisions and aims to bolster its financial position, potentially impacting its market operations and stakeholder interests.

More about Blue Star Helium

Blue Star Helium Ltd is an independent helium exploration company with operations in North America, focusing on discovering and developing new supplies of low-cost, high-grade helium.

Technical Sentiment Signal: Sell

Current Market Cap: A$16.17M

For an in-depth examination of BNL stock, go to TipRanks’ Overview page.

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