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Royal Helium Closes Final Tranche of Equity Raise for a Total of C$5mm

Royal Helium concluded the second and final tranche of its private placement, issuing 2.8mm units at C$0.24/unit for gross proceeds of C$675k, bringing the total gross proceeds from the offering to C$5.18mm. Each unit comprises a share and a purchase warrant, exercisable at C$0.31/warrant until Nov'26. The funds will be allocated to support multi-well operations at the Val Marie, Ogema, and Steveville helium production facilities, along with the design and engineering of offtake gas facilities, and general corporate purposes.

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Noble Helium's CFO Announces Retirement

Noble Helium's CFO, Graham Yerbury, announced his retirement set for end Jun'24. In the short term the company will not look to replace Mr Yerbury, as existing internal accounting and finance resource

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