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First Helium Closes C$2.4 Million Private Placement

First Helium has closed a non-brokered private placement financing by issuing 12.2 million units at a price of C$0.20/unit for gross proceeds of C$2.4 million. Each Unit will consist of one common share in First Helium and one warrant. The company will use the net proceeds to work on its portfolio of projects in addition to funding working capital and general corporate expenses.

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