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Global Helium Closes Second Tranche of C$405k Placement

Global Helium has completed the second tranche of its private placement, raising C$405k. The offering involved issuing 1.6mm series B preferred shares at US$0.185/sh, which carry a 10% dividend until conversion or the fifth anniversary. Net proceeds will fund the company's drilling obligations for two helium wells by December 31, 2023 and for general corporate purposes.

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Noble Helium's CFO Announces Retirement

Noble Helium's CFO, Graham Yerbury, announced his retirement set for end Jun'24. In the short term the company will not look to replace Mr Yerbury, as existing internal accounting and finance resource


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