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Grand Gulf plans to raise A$8mm in equity

Grand Gulf Energy launched an A$8 million Thursday morning to spend on its exploration wells in Utah and for working capital. The offer was priced at 4.4¢ a share, a 10.2 per cent discount to the last traded price. It included a one-for-three attaching option with an 8¢ strike price and three-year expiry. The company would have a A$64.5 million market capitalisation on a pro forma basis.

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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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