North American Helium Raises C$18mm and appoints new CFO

NAH has raised C$18mm in equity to pivot from exploration focus toward production and revenue generation. It is planning to order equipment for its first multi-well production plant in the Battle Creek field. and will install a single well mobile helium processing unit at the Cypress field. Mr. Robert Mitchell, Managing Director of Portal Capital, has joined the board of NAH. Neil Burrows has been appointed Chief Financial Officer

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Renergen has successfully completed the placement of 4.3mm shares at R24.64/sh or A$2.14/sh (a 10% discount to the VWAP) to raise R107.6 million (~US$6.3mm). The proceeds will be used for working cap