Helium Venture Monitoring its Investment in Blue Star
- AKAP
- Jan 26, 2023
- 1 min read
After steering away from the core helium business by acquiring Vestigo Technologies, Helium Ventures reported a narrowed interim loss as administrative costs fell. For the six months ended October 31, Helium Ventures reported a pretax loss of ~GBP180k, narrowed from ~GBP270k the year before. Administrative expenses dropped to ~GBP182k from ~GBP270k. The Company still holds 7,142,858 shares in Blue Star Helium Limited representing 0.45% of the total issued shares in that company. The Board has continued to closely monitor its investment in Blue Star Helium (“Blue Star”) made in October 2021