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An update from Helix Resources Limited ( (AU:HLX) ) is now available.
Helix Resources Limited has successfully settled a $300,000 Follow-On Placement, issuing 300,000,000 new fully paid ordinary shares and 150,000,000 new options under its existing placement capacity. This strategic move is expected to enhance the company’s financial position, enabling further exploration and development activities in its copper and gold projects in Arizona and New South Wales, potentially strengthening its market presence and offering new opportunities for stakeholders.
More about Helix Resources Limited
Helix Resources is an ASX-listed company focused on exploring copper and gold deposits in Arizona, USA, and the Cobar region of New South Wales, Australia. The company holds significant positions in these regions, including the White Hills Copper-Gold Project in Arizona and various tenements in Cobar, which are proximal to major copper and gold producing operations.
Current Market Cap: A$7.57M
See more insights into HLX stock on TipRanks’ Stock Analysis page.