Royal Helium Closes First Tranche of Private Placement for C$4.5mm

Nov 14, 2023
2 min read

Royal Helium completed the first tranche of its underwritten private placement, issuing 18.75mm units at C$0.24/unit, resulting in gross proceeds of C$4.5mm. Each unit comprises one common share and one common share purchase warrant. The funds will be used for multi-well operations in Val Marie, Ogema, and Steveville helium projects, as well as for production facility design and engineering.

Want to read more?

Subscribe to akapenergy.com to keep reading this exclusive post.

Subscribe Now

Recent Posts

See All

Specialty Gas Summit 2026: What We Heard on Helium

AKAP Energy attended gasworld's Specialty Gas Summit in Frankfurt, where alongside presenting AKAP's helium data we had useful conversations across the value chain, from distributors to end users, pro

Lunar Helium-3 Mining Secures 14th US Patent

Lunar Helium-3 Mining (LH3M) secured another patent, its 14th US patent, for lunar helium-3 mining.

Mendell Helium Begins Trading on AIM Market, Expanding Operations in Kansas

Mendell Helium announced the admission of its ordinary shares to trading on the AIM Market under the ticker "MDH" and will withdraw from the Aquis Stock Exchange Growth Market on 30 June 2026.