First Helium Closes C$3.6mm Upsized Equity Raise

First Helium completed an upsized private placement from C$3mm, issuing 60.67mm units at C$0.06 each for total proceeds of C$3.64mm. The funds are earmarked for further development of its Worsley project and general working capital. Each unit includes a share and a warrant, exercisable at C$0.09/sh for three years. This financing will support the exploration and potential expansion of First Helium's Worsley Property in the Peace River Arch, where the company has already discovered helium resources and multiple oil and helium-enriched gas targets.

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