First Helium Closes $3.3 Million Placement
Summary
Not for distribution to United States newswire services or for dissemination in the United States.CALGARY, Alberta, April 04, 2024 (GLOBE NEWSWIRE) -- First Helium Inc. (First Helium or the Company) (TSXV: HELI) (OTCQX: FHELF) (FRA: 2MC), today announced the closing of its non-brokered private placement financing which was previously announced in the Companys press release dated January 23, 2024. Closing this financing, which was completed during some challenging times for the resource sector, and for helium explorers in particular, will now allow us to continue to advance our asset base for the benefit of shareholders through Company and potentially partner-funded exploration and development programs, concluded Mr. Bereznicki.The Offering is subject to receipt of all necessary regulatory approvals and acceptance of the TSX Venture Exchange. The Company did not file a material change report 21 days before closing of the Offering as the details of the insider participation were not known at that time. Further potential oil drilling locations have also been identified on the Companys Worsley land base.For more information about the Company, please visit .ON BEHALF OF THE BOARD OF DIRECTORSNeither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.This press release contains forward looking statements within the meaning of applicable securities laws. The use of any of the words anticipate, plan, continue, expect, estimate, objective, may, will, project, should, predict, potential and similar expressions are intended to identify forward looking statements.