Noble Helium to Raise A$6.1M in Equity
- AKAP
- Oct 27, 2022
- 2 min read
Noble Helium has received firm commitments from investors to raise A$6.1 million (before costs) at A$0.15 per share in an oversubscribed Placement. Proceeds will primarily be used to advance exploration to ensure drilling of its two most prospective helium targets by Q3'23. Noble will be well funded with approximately A$10.3 million in cash at the completion of the Placement.