First Helium Inc. (TSE:HELI) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
First Helium Inc. is launching a private placement offering of 41,666,667 units at $0.06 per unit, aiming to raise approximately C$2.5 million to support asset development and operations. The offering has garnered significant interest from key insiders and management, with $2 million in lead orders already secured. The funds will be directed towards the Worsley project and general working capital.
For further insights into TSE:HELI stock, check out TipRanks’ Stock Analysis page.