First Helium Inc. (TSE:HELI) has released an update.
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First Helium Inc. successfully completed a non-brokered private placement, raising $3.3 million through the issuance of over 66 million units. The proceeds will accelerate development and operations of the Worsley project and bolster general working capital. Despite industry challenges, this financial milestone is set to advance First Helium’s asset base and shareholder value.
For further insights into TSE:HELI stock, check out TipRanks’ Stock Analysis page.