Royal Helium raised CAD 17,250,000 in a bought deal by issuing 34,500,00 Units at CAD 0.5 per unit. The original offering was CAD 10mm, which was later upsized to CAD 15mm and finally closed at CAD 17.25mm. Each Unit is comprised of one common share and one-half of one common share purchase warrant. The warrants have a clause whereby the company may accelerate its expiry date. Net proceeds will be used to fund Royal's exploration program and other general working capital needs.
top of page
![Logo 2023 - Website - Transparent.png](https://static.wixstatic.com/media/0e1bd9_3e181975360b435d80a9ebca67448d1f~mv2.png/v1/fill/w_235,h_40,al_c,q_85,usm_0.66_1.00_0.01,enc_auto/Logo%202023%20-%20Website%20-%20Transparent.png)
Search
Recent Posts
See AllIn a recent interview, Tony Hamilton, CEO of Georgina Energy, discussed the company's upcoming re-admission to the London Stock Exchange on 30th July under the ticker GEX, facilitated by a reverse tak
Gold Hydrogen presented an investor update at the Noosa Mining conference on 19 Jul'24. The company showcased its milestones over the last few months and highlighted the results from its Ramsay well t
The Critical Raw Materials Act (CRMA), effective from 23 May 2024, aims to secure a sustainable supply of essential raw materials for the EU. The CRMA provides extensive support, including funding, ex
bottom of page