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Helium One Raises US$12mm for 2023 Exploration

After its initial plans to raise GBP7mm, Helium One Global upsized the raise to ~GBP9.9 mm (US$12.2 mm) due to strong investor demand. The company will issue ~197mm new ordinary shares at a price of 5p/share. The additional funds will provide the Company with greater working capital flexibility during and after the proposed drilling programme in Q1 2023.

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