Helios Energy Ltd (AU:HE8) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Helios Energy Ltd has secured $150,000 in short-term funding to complete a resource report for its Presidio Oil and Gas Project in Texas, showcasing the potential of its Texan assets. This funding, supported by company directors and Gleneagle Securities, complements an undrawn $500,000 facility, positioning the company to achieve significant milestones. Helios’s commitment to developing the Presidio project aims to benefit shareholders and strengthen its market position.
For further insights into AU:HE8 stock, check out TipRanks’ Stock Analysis page.