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  • Royal Helium (RHC) has completed its bought deal public offering for gross proceeds of $5,500,000
  • The company issued  5,500 non-transferable subscription receipts at a price of $1,000 per receipt
  • The net proceeds will be used to fund capital expenditures related to the company’s Steveville production facilities and general corporate purposes
  • Royal controls over 1,000,000 acres of prospective helium land in southern Saskatchewan and Alberta
  • Royal Helium Ltd. (RHC) is down 3.64 per cent on the day, trading at C$0.265 per share at 2:00 pm ET

Royal Helium (RHC) has completed a bought-deal public offering of subscription receipts for gross proceeds of $5,500,000.

The company issued 5,500 non-transferable subscription receipts at a price of $1,000 per receipt.

Upon release from escrow, the net proceeds will be used to fund capital expenditures related to the company’s Steveville production facilities and general corporate purposes.

Royal controls over 1,000,000 acres of prospective helium land in southern Saskatchewan and Alberta.

Royal Helium Ltd. (RHC) is down 3.64 per cent on the day, trading at C$0.265 per share at 2:00 pm ET.


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