Royal Helium announced an agreement with Eight Capital for a bought deal private placement. Royal will issue 7,000 unsecured convertible debenture units consisting of a 12% unsecured convertible debenture and common share purchase warrants at an exercise price of C0.40/sh. The debentures have a conversion price of C$0.37/sh. The proceeds from the offering will be used for capital expenditures related to the Steveville production facilities, exploration activities in Saskatchewan and Alberta, and general corporate purposes.
top of page
Search
Recent Posts
See AllBluejay Mining, an AIM-traded mining company, announced its strategic decision to explore and develop helium, industrial gases, and hydrocarbons, in addition to its existing focus on copper, nickel, a
Avanti Helium Corp closed the second and final tranche of its private placement, issuing 1mm units at C$0.40/unit, raising C$400k. This tranche, combined with the first, raised a total of C$1.08mm fro
Noble Helium appointed Mr Dermot O’Keeffe as Chief Operating Officer (COO), effective immediately. Mr O’Keeffe brings 40 years of international experience in the oil and gas industry, having worked wi
bottom of page