Helix Exploration to List on AIM with £7.5mm IPO

New helium player, Helix Exploration is set to raise £7.5mm through an IPO on the AIM market in London to fund the exploration and development of its helium asset - the Ingomar Dome located in central Montana. The company, led by helium industry veteran Bo Sears and David Minchin (ex-CEO of Helium One), aims to acquire 11,277 acres across 52 licenses with helium potential. Helix aims for scoping studies and test drilling in 2024, with production targeted for Q4'25 following plant construction.

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