top of page

Noble Helium Raises A$14mm for Mbelele Appraisal & Testing

Noble Helium secured firm commitments from investors, raising A$14mm for its Mbelele program, focusing on appraisal and testing at the North Rukwa Helium Project in Tanzania. The placement of ~108mm shares is at a price of A$0.13/sh (a 23.5% discount from the last closing price and a 36% discount to the 15-day VWAP). The funds will be utilised for rapid appraisal and testing of the identified gas cap and deeper sections. The company also plans to advance commercial negotiations for a leased plant and offtake agreement. The company released its investor presentation discussing the Mbelele Project in detail and elaborating on the A$14mm capital raise.

Want to read more?

Subscribe to akapenergy.com to keep reading this exclusive post.

Recent Posts

See All

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

Comentarios

No se pudieron cargar los comentarios
Parece que hubo un problema técnico. Intenta volver a conectarte o actualiza la página.
bottom of page