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Global Helium Reports Q3'23 Results

The company drilled, logged, and cased its first helium well in Southeast Alberta along the Manyberries Helium trend. Subsequently, an additional well was completed, leading to the option to lease more land on the Manyberries trend in collaboration with a JV partner. Post the quarter-end, a private placement of preferred shares raised C$3.5mm. During the quarter, Global reported a net loss of C$0.35mm (reduced by ~60% due to its cost-cutting plans), cash position of C$1.3mm, and total assets of C$6.7mm.

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Avanti Helium Appoints Brad Krizan to the Board

Avanti Helium has appointed Brad Krizan as an independent member of its Board of Directors, effective immediately. Brad brings extensive experience from various sectors, including roles in regulatory

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