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Royal Helium Closes Bought Deal of C$17.25 million

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.

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Mosman Sells Nadsoilco to Boost Focus on Helium

Mosman Oil and Gas has agreed to sell its interests in Nadsoilco for up to US$1.75mm to RCM Tech Solutions. The assets include leases in Polk County, Texas, where Mosman is transferring ~13% working i


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