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FIRST HELIUM INC. ANNOUNCES $5 MILLION MARKETED PUBLIC OFFERING AND AMENDED NON-BROKERED PRIVATE PLACEMENT
FIRST HELIUM INC. ANNOUNCES $5 MILLION MARKETED PUBLIC OFFERING AND AMENDED NON-BROKERED PRIVATE ...
About this update from First Helium Inc.
[{"type":"text","content":"\n \n \n \n FIRST HELIUM INC. ANNOUNCES $5 MILLION MARKETED PUBLIC OFFERING AND AMENDED NON-BROKERED PRIVATE PLACEMENT\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n /NOT FOR DISTRIBUTION TO THE U.S. NEWSWIRE OR FOR DISSEMINATION IN\n \n THE UNITED STATES\n \n /\n \n \n \n \n \n CALGARY, AB\n \n \n ,\n \n \n Nov. 30, 2023\n \n \n /CNW/ -\n \n First Helium Inc.\n \n (TSXV: HELI) (OTCQX: FHELF) (FSE: 2MC) (the \"\n \n Company\n \n \" or \"\n \n First Helium\n \n \") announces that it has filed a preliminary short form prospectus (the \"\n \n Prospectus\n \n \") with the securities commissions in each of the Provinces of\n \n Canada\n \n (other than\n \n Quebec\n \n ) (the \"\n \n Canadian Jurisdictions\n \n \"), in connection with a marketed public offering (the \"\n \n Offering\n \n \") of units of the Company (the \"\n \n Units\n \n \") at a price of\n \n C$0.09\n \n per Unit for aggregate gross proceeds of up to approximately\n \n C$5 million\n \n .\n \n \n Each Unit shall consist of one common share of the Company (a \"\n \n Common Share\n \n \") and one common share purchase warrant (a \"\n \n Warrant\n \n \") of the Company. Each Warrant shall entitle the holder to purchase one Common Share (a \"\n \n Warrant Share\n \n \") at a price of\n \n C$0.12\n \n per Warrant Share for a period of 36 months from the closing of the Offering.\n \n \n The Offering will be led by Canaccord Genuity Corp. (the \"\n \n Lead Agent\n \n \"), on behalf of a syndicate of agents (together with the Lead Agent, the \"\n \n Agents\n \n \").\n \n \n The Offering is being conducted on a \"commercially reasonable efforts\" agency basis and is subject to customary closing conditions, including, but not limited to, the entering into of an agency agreement with the Agents and the approval of the securities regulatory authorities and the TSX Venture Exchange. The Offering is expected to close on\n \n December 19, 2023\n \n , or other such date as may be agreed upon by the Company and the Lead Agent.\n \n \n The Company i...