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Noble Helium Secures Loan to Refinance Debt and Bolster Capital

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Noble Helium Secures Loan to Refinance Debt and Bolster Capital

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An update from Noble Helium Ltd. ( (AU:NHE) ) is now available.

Noble Helium Limited has secured a loan agreement with shareholder Duncan MacNiven, amounting to AUD $1.46 million, to repay its convertible note facility with Obsidian Global GP, LLC. This move will discharge the security over the company’s assets and provide additional working capital, enhancing its financial stability and operational flexibility.

More about Noble Helium Ltd.

Noble Helium Limited operates in the helium industry, focusing on the exploration and development of helium resources. The company is engaged in securing and advancing helium projects to meet the growing demand for this critical gas.

Average Trading Volume: 784,025

Technical Sentiment Signal: Hold

Find detailed analytics on NHE stock on TipRanks’ Stock Analysis page.

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