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Helios Energy Ltd ( (AU:HE8) ) has issued an update.
Helios Energy Ltd has issued 85,265,000 fully paid ordinary shares following the conversion of 426,325 Convertible Notes. This strategic move, conducted without the need for disclosure to investors under the Corporations Act, aligns with the company’s compliance with relevant legal provisions and supports its financial structuring efforts.
More about Helios Energy Ltd
Helios Energy Ltd operates in the energy sector, focusing on the exploration and production of oil and gas. The company is engaged in developing energy resources and has a market presence in both Australia and the USA.
Average Trading Volume: 1,825,606
Technical Sentiment Signal: Sell
Current Market Cap: A$65.63M
See more insights into HE8 stock on TipRanks’ Stock Analysis page.