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Helix Resources Limited ( (AU:HLX) ) just unveiled an announcement.
Helix Resources Limited has announced a proposed issue of securities, with plans to issue up to 450 million new securities, including 150 million options and 300 million ordinary fully paid shares. This move is part of the company’s strategy to raise capital, potentially impacting its operational capabilities and market positioning by providing additional financial resources to support its exploration and development projects.
More about Helix Resources Limited
Helix Resources Limited operates in the resources industry, focusing on exploration and development of mineral resources. The company is primarily involved in the discovery and development of copper and gold deposits, aiming to enhance its market position in the mining sector.
Current Market Cap: A$10.09M
For an in-depth examination of HLX stock, go to TipRanks’ Overview page.