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Helix Resources Limited ( (AU:HLX) ) has provided an announcement.
Helix Resources Limited announced a renounceable pro rata entitlement offer to raise approximately $1.68 million through the issuance of new shares and quoted options to eligible shareholders in Australia and New Zealand. The offer is partially underwritten by Mahe Capital Pty Ltd and includes a shortfall offer for any unsubscribed shares. Ineligible foreign shareholders will have their rights sold by a nominee, with proceeds, if any, distributed after expenses.
More about Helix Resources Limited
Helix Resources is an ASX-listed company focused on exploring copper and gold in Arizona, USA, and the copper-producing regions of Cobar, NSW, Australia. The company holds significant ground positions near major copper and gold operations, including the White Hills Copper-Gold Project in Arizona and the Helix-Legacy earn-in project in Cobar.
Current Market Cap: A$5.05M
See more insights into HLX stock on TipRanks’ Stock Analysis page.