Helix Resources Limited (AU:HLX) has released an update.
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Helix Resources Ltd has successfully completed a $500,000 investment through the placement of 100 million shares to Acta Investment Group, aiming to boost its Cobar exploration projects and support working capital needs. The company announced significant board changes, with Michael Povey appointed as Executive Chair and Mike Rosenstreich transitioning to a Non-Executive Director role. Shareholders are urged to consider Acta’s proportional takeover offer, recommended by Helix’s Directors.
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